NEW YORK, Feb. 8, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM), ("Pareteum" or the
"Company") the rapidly growing Cloud Communications Platform
company, announced today that its European operating subsidiary has
been granted a UK patent (GB2541449) for a solution enabling highly
secure, strong-authentication, which provides secure access and
additional identity validation on Pareteum's Global Cloud Platform
and other online services.
The technology uses pre-shared secret key authentication between
mobile devices and secure cloud services, such as Pareteum's Global
Cloud Platform, and underscores Pareteum's commitment to best in
class security in all services.
Vic Bozzo, CEO of Pareteum
commented, "We are pleased to have been awarded this patent, which
is representative of our rapidly growing intellectual property
portfolio. The mobile services and application market has to adopt
a security first strategy as the world's data access becomes
exclusively serviced through wireless connections.
Hal Turner, Executive Chairman
and Principal Executive Officer of Pareteum stated, "Our product
services roadmap strategy includes "insights," predictive
analytics, and blockchain enabled payment systems for which high
levels of security and authentication are crucial. Identity
management and trustful transactions are the focus of all our
service developments. Pareteum continues to cultivate partner
alliances that enable us to provide single source solutions for our
global customers."
About Pareteum Corporation
The mission of Pareteum
Corporation (NYSE American: TEUM) is to connect "every person and
everything". Organizations use Pareteum to energize their growth
and profitability through cloud communication services and complete
turnkey solutions featuring relevant content, applications, and
connectivity worldwide. Our platform services partners
(technologies integrated into our Cloud) include: HPE, IBM, Sonus,
Oracle, Microsoft, and other world class technology providers. All
of the relevant customer acquired value is derived from Pareteum's
award winning software, developed and enhanced for many years. By
harnessing the value of communications, Pareteum serves retail,
enterprise and IoT customers. Pareteum currently has offices in
New York, Sao Paulo, Madrid, Barcelona, Bahrain and the
Netherlands. 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
Corporation.
Pareteum Investor Relations Contacts:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com
Hayden IR
(917) 658-7878
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SOURCE Pareteum Corporation