NEW YORK, Feb. 22, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM) ("Pareteum" or the
"Company"), the rapidly growing Cloud Communications Platform
company, today announced that it has partnered with GameTrove's
Good World Games (http://www.goodworldgames.com) to add their
mobile-first platform promoting the discovery of HTML5 games
worldwide to its TEUM Application Exchange Developers Platform
(TEAX).
Pareteum continues to expand into the global and emerging
markets, adding partnerships to its Developer Exchange to provide
relevant and premium content to service providers, which is an
important step in providing additional value to customers.
Subscribers to GameTrove pay monthly or weekly fees, which when
enabled and integrated through the Pareteum platform will allow for
direct billing of the gaming services to their existing bill. These
fees are similar to streaming video services without the need to go
through the app stores. Pareteum will be paid a portion of the
revenue stream in exchange for its integration and large channel to
mobile subscribers.
GameTrove offers a simple, new way for people to enjoy hundreds
of premium games from top developers, while connecting with
friends, through a single, intuitive app. GameTrove has created a
direct bill-to-subscriber model leveraging the growing global HTML5
game developer community. By providing games that avoid the device
storage requirements of native games and defeat download fatigue,
along with personalized game recommendations similar to video
streaming sites, subscriber retention and engagement are
significantly improved. Its single app makes for happier customers
as there is no requirement to install individual games on devices,
no ads and its embedded In-App Chat reduces abandonment.
According to Gregory Sukornyk, Co-founder and CEO at Good World
Games, "HTML5 has been called the next $100
billion game platform and we expect to become a leading
player in this space. GameTrove is a valuable product for mobile
service operators because it provides lucrative mobile game
revenues with frictionless direct carrier billing beyond the app
stores, a superior offering in this burgeoning area. We are
thrilled to partner with Pareteum as they represent an immediate
channel to one of our core markets." Derrick Horner, Co-founder and Chief Strategy
Officer at Good World Games, added, "Combining our instant games
offering with personalized recommendations, integrated gamer
messaging and proprietary cast-to-social streaming inside a single
app marks a new vision for mobile carriers in this massive, fast
growing market. We are excited by our new partnership that allows
Pareteum to offer GameTrove to its customers immediately."
Vic Bozzo, CEO of Pareteum
commented, "As we acquire more connections and also forge further
into new geographies, it's incumbent upon us to help our marketing
companies, service providers and aggregators to gain access to new
features and services directly."
Hal Turner, Executive Chairman
and Principal Executive Officer of Pareteum stated, "Bringing
applications from developers directly to the market is a vital next
step in the evolution of the mobile market and our customers, and
we have found a tremendous response to our TEAX developer exchange
platform from partners who see value in our channel to the
market."
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.
About Good World Games, Inc.
Good World Games, Inc. is
the owner and publisher of GameTrove, an innovative app curating
premium HTML5 games from developers around the world. GameTrove is
distributed in partnership with mobile carriers and travel
operators including airports, airlines and cruise lines, to mobile
users in more ten 10 countries globally. We are also proud
supporters of Gaming for Good, donating a share of our profits to a
variety of great causes. Find us
at www.goodworldgames.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