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Pareteum Wins 2017 Communications Solutions Product of the Year Award

Mobile Networking Software and Services Recognized for Exceptional Innovation

NEW YORK, July 17, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE MKT: TEUM) ("Pareteum" or the "Company"), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced that it has been awarded the 2017 Communications Solutions Product of the Year Award for its Mobile Networking Software and Services by TMC, a global integrated media company.

Pareteum Corporation Logo.

Providing the global technology platform to connect all things mobile, Pareteum provides its patented, industry leading Managed Services Platform and Global Mobility Cloud Platform to network telecom providers, enterprises of all sizes, including the Internet of Things (IoT) and Machine-to-machine (M2M) markets. Pareteum connects any device, anywhere, anytime, enabling its customers to track usage and generate revenues with significantly improved time and cost efficiency.

Pareteum's Managed Services Platform is a dynamic, fully managed platform designed for large Mobile Network Operators (MNOs), Mobile Virtual Network Operators and Enablers (MVNO/MVNE) and other Communication Service Providers (CSPs). It delivers fully integrated real-time account management, operational and billing management, and connectivity to the wireless network.  

"Congratulations to Pareteum for being honored with a Communications Solutions Product of the Year Award," said Rich Tehrani, CEO, TMC. "Pareteum's Mobile Networking Software and Services are truly innovative and amongst the best solutions brought to market in the past twelve months that facilitate business-transforming voice, data and video communications. I look forward to continued excellence from Pareteum in 2018 and beyond."

"We are honored to receive this highly coveted and prestigious award from TMC. With the delivery of this enhanced product, Pareteum has seen an increase in new customers and robust growth in our global subscriber base as a result. In recognizing Pareteum, TMC highlighted the industry acceptance of our innovative leading global mobility platform, accessible to Carrier and Unified Communication Providers, Enterprises, and Application Providers anywhere in the world. Our customer success is also helping us to tailor our products to meet the quickly expanding opportunity for mobile service delivery." said Vic Bozzo, CEO of Pareteum.

For more than 20 years, TMC has been honoring technology companies with awards in various categories. These awards are regarded as some of the most prestigious and respected honors in the communications and technology sector worldwide.  Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a verifiable leader in the marketplace.

About TMC
TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, IoT Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by as many as one million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world's leading business technology event, as well as industry events: Asterisk World; AstriCon; ChannelVision (CVx) Expo; DevCon5 - HTML5 & Mobile App Developer Conference; IoT Evolution Conference & Expo; IoT Evolution Developers Conference; MSP Expo; Real Time Web Communications and more.

For more information about TMC, visit www.tmcnet.com.

About Pareteum Corporation:
Pareteum Corporation and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities for the global Mobile, MVNO, Enterprise, Software-as-a-Service and IoT markets. The Company's software solutions allow any organization to harness the power of a wirelessly connected world by delivering seamless connectivity and subscriber management capabilities that provides end-to-end control of millions of connected devices. Mobile Network Operator (MNO) customers include Vodafone, the world's second largest mobile operator by customer count, Zain, one of the largest mobile operators in the Middle East, as well as MVNO customers such as Lebara and Lowi. For more information please visit: www.pareteum.com.

Forward-Looking Statements:
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Pareteum's filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Pareteum.

TMC Contact:
Stephanie Thompson
Manager
203-852-6800, ext. 139
[email protected]

Pareteum Investor Relations Contact:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
[email protected]

 

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SOURCE Pareteum Corporation

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