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.
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
sthompson@tmcnet.com
Pareteum Investor Relations Contact:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com
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SOURCE Pareteum Corporation