$ACLZ News - Accelerize New Media, Inc. Reports SECOND Quarter 2014 Financial Results

NEWPORT BEACH, Calif.,- (http://www.financialnewsmedia.com News Alert) - Accelerize New Media, Inc. (OTCBB: ACLZ), owner and operator of CAKE (www.getcake.com), a marketing technology SaaS company, today announced financial results for its fiscal second quarter ended June 30, 2014.

Company Highlights for Q2 2014



-- Broad-based SaaS revenue growth achieved across both U.S. and European business segments.



-- 52% increase in the number of customers when compared to the same period in 2013.



-- Average revenue per customer increased by 10% when compared to the same period in 2013.



-- The company added 157 new customers in the first six months of this year and now has over 450 customers driving more than 5 billion consumer actions monthly through the CAKE platform.



-- The company continues expansion efforts through the hiring of employees dedicated to marketing and customer support of growing CAKE customer base.



-- During the quarter, the company completed internal beta testing and development of a revolutionary new suite of enterprise software-as-a-service solutions designed specifically to satisfy the digital marketing needs of advertisers potentially opening a vast untapped market for the CAKE platform. Currently, advertisers struggle to properly track and optimize online advertising campaigns across multiple marketing channels (including, display, search, email, ecommerce, affiliate and more).



\"We continue to see strong demand for the CAKE SaaS enterprise platform as evidenced in this quarter by our record revenue, growth in our customer base and increased revenue per customer. We have maintained minimal revenue churn enabling us to build a solid recurring revenue base for the future. As our platform gains further traction in the affiliate marketing space we anticipate achieving progressive revenue growth for the remainder of 2014 and into the future. We are expanding our sales and corporate staff while making significant investments in R&D to further accelerate our sales growth and extend our leadership position in performance-based marketing innovation,\" said Accelerize New Media, Inc. Chairman and CEO Brian Ross. \"We are excited about moving upstream with our enterprise product portfolio...