NEW YORK, Sept. 15, 2020 /PRNewswire/ -- Pareteum
Corporation (Nasdaq: TEUM), a global cloud communications
platform company, announced today that it has partnered with
Strattner Technologies LLC, a subsidiary of Strattner Financial
Group (OTC: SCNG), to launch the Strattner Voice brand, a GSM
cellular network complementing its satellite communications network
Strattner.Space.
Strattner Technologies will utilize Pareteum's Experience Cloud
platform to enter the mobile communications market with the mission
to reconnect Americans with their friends, family and business
associates both in the US and across the world, in these pandemic
times. Strattner is bridging the gap between cellular and
satellite networks on a single smartphone
device. Strattner.Space, the Satellite communications division
of the company, has strategically combined with Strattner Cellular
division to bring this product solution to market. David
Blunk, CTO of Strattner Group stated, "We are very excited about
the opportunity to go to market with a unified cellular solution
that integrates rural market coverage on satellite technology."
The Pareteum Experience Cloud delivers connected services in
over 200 territories worldwide and its reach continues to expand.
The Pareteum Experience Cloud enables a host of powerful mobility,
customer engagement, analytics, and intelligence services over the
world's largest unified global network. This includes global Wi-Fi
and cellular connectivity, inflight Wi-Fi service,
application-to-person (A2P) messaging, location intelligence, and
more. The platform's SaaS model enables rapid time to market for
service launches and expansions and allows brands to
pay-as-they-scale.
"We are thrilled to partner with Strattner Technologies to help
launch their Mobile Virtual Network through our robust Experience
Cloud platform," said Bart Weijermars, Pareteum's CEO. "The
Pareteum Experience Cloud provides the flexibility and scalability
to power a diverse range of services that will enable Strattner to
enter the mobile communications market."
"We see tremendous growth in the satellite communications market
and after launching our satellite communications service,
Strattner.Space, we are thrilled to announce our partnership with
Pareteum to launch our mobile network called Strattner Voice which
will be available to the growing satellite-smartphone device
market," said Timo Strattner, CEO of
Strattner Group. "Our mission is to
reconnect America. "
About Pareteum Corporation
Pareteum is an experienced
provider of Communications Platform as a Service solutions.
Pareteum empowers enterprises, communications service providers,
early stage innovators, developers, IoT, and telecommunications
infrastructure providers with the freedom and control to create,
deliver and scale innovative communications experiences. The
Pareteum platform connects people and devices around the world
using the secure, ubiquitous, and highly scalable solution to
deliver data, voice, video, SMS/text messaging, media, and content
enablement. For more information please visit:
www.pareteum.com.
About Strattner Technologies LLC
Strattner Technologies LLC builds, manages and commercializes
technologies across a broad spectrum of industries with the mission
to reconnect America. For more information please visit:
www.strattnertechnologies.com.
About Strattner Financial Group (OTC:
SCNG)
Strattner Financial Group is a diversified
investment management firm focused on growing and managing
the group's assets,
commercial interests, subsidiaries and services across a
broad spectrum of industries where the firm identifies value.
For more information please visit: www.strattners.com.
Forward Looking Statements
Certain statements
contained herein constitute "forward-looking statements" as defined
by the Private Securities Litigation Reform Act of 1995. Such
statements may include, without limitation, statements with respect
to the Company's plans and objectives, projections, expectations
and intentions. These forward-looking statements are based on
current expectations, estimates and projections about the Company'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, including risks arising from the novel coronavirus
(COVID-19) pandemic. We discuss many of these risks, uncertainties
and assumptions in Item 1A under the heading "Risk Factors" in our
Annual Report on Form 10-K for the year ended December 31, 2018, as updated by our other
filings with the SEC. Because such statements involve risks and
uncertainties, the actual results and performance of the Company
may differ materially from the results expressed or implied by such
forward-looking statements. Given these risks and uncertainties,
readers are cautioned not to place undue reliance on such
forward-looking statements. Unless otherwise required by law, the
Company 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 the Company's filings with the Securities
and Exchange Commission, copies of which are available from the SEC
or may be obtained upon request from the Company.
Pareteum Corporation
Media Inquiries
Press@pareteum.com
Pareteum Investor Relations Contacts:
Investor
Relations +1 (646) 975-0400
Investor.relations@pareteum.com
Strattner Financial Group
Media Inquiries
Press@strattners.com
Strattner Investor Relations
Contacts:
Investor Relations +1 (929) 390 4650 ext. 101
Investor.relations@strattners.com
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SOURCE Pareteum Corporation