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NASHUA, N.H., July 21, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. (NASDAQ:SMTP), a global provider of cloud-based marketing technologies, today announced that its SharpSpring marketing automation product has recorded record new sales in Q2, adding 182 new customers representing $1.3 million in annual recurring revenue during the second quarter. The rate of customer addition was 22% higher than sales in Q1, and 77% higher than Q4.
"We have continued to accelerate SharpSpring's growth, with 182 new sales signed during the second quarter, up from the record sales growth we announced just three months earlier." said Jonathan Strimling, SMTP's CEO. "This continued sales growth reflects SharpSpring's rapid market adoption as a leading marketing automation product for agencies and end users. Additionally, it shows our successful execution against growing SharpSpring revenues, which remains our top priority."
During the quarter, SharpSpring added 145 customers through its U.S. sales distribution network plus 37 customers through the new international distribution network launched in Q1.
Rick Carlson, SharpSpring's President, commented, "We are excited to see international sales ramping up. With 37 deals signed in Q2, we nearly doubled our Q1 international sales volumes and we are seeing robust pipelines developing in several geographies. By launching SharpSpring in eight additional languages in June, we believe we have made the product even more attractive to international buyers going forward. We believe that our affordable and easy-to-use solution is proving to be a compelling alternative to HubSpot and Marketo, both in the U.S. and abroad."
About SMTP, Inc.
SMTP, Inc. (NASDAQ:SMTP) is a global provider of cloud-based marketing solutions ranging from sophisticated marketing automation (via subsidiary SharpSpring) to comprehensive email and mobile marketing (via subsidiary GraphicMail) and scalable, cost-effective email deliverability services. The company's product family is hallmarked by its flexible architecture, ease-of-use and cost-effectiveness. SMTP augments its industry-leading technology with high-quality, multilingual customer service and support. SMTP, Inc. is headquartered in Nashua NH, and can be found on the web at www.smtp.com. SharpSpring, based in Gainesville, FL, can be found on the web at www.SharpSpring.com. GraphicMail, based in Geneva, Switzerland, can be found on the web at www.GraphicMail.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and other risks to which our Company is subject, and various other factors beyond the Company's control.
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