NEW YORK, March 5, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM), the rapidly growing Cloud
Communications Platform company, announced today that it has been
awarded the IoT Evolution's 2017 IoT Excellence Award from TMC and
Crossfire Media, a global integrated media company recognized as
the voice of the industry.
The 2017 IoT Evolution IoT Excellence Award honors innovative
products that support the availability of information being
deduced, inferred and directly gathered from sensors, systems and
anything else that is supporting better business and personal
decisions. The mission of Pareteum's Cloud Communications Platform
is that every person and every thing should be connected and
provides a new, singular industry solution that delivers relevant
information to any device, any network, anywhere.
"It is my pleasure to recognize Pareteum's Unified Cloud
Mobility Solution with an IoT Excellence Award for its excellence
in innovation," said Carl Ford, CEO
& Community Developer, Crossfire Media. "As a leader in this
rapidly evolving industry, I look forward to seeing Pareteum's
future successes."
Hal Turner, Executive Chairman
and Principal Executive Officer at Pareteum said, "This noteworthy
IoT Evolution 2017 IoT Excellence Award signifies our constant
innovative spirit and growth of new software, networking, and
technological advances at Pareteum, particularly in our Global
Cloud Services Platform (GCSP). Pareteum's capabilities to provide
useful and informative insights to the vast amounts of data that
traverses our Global Cloud Services Platform (GCSP) are key value
drivers for our customers. As we couple our services with trustful
transactions and Blockchain secured payment systems enablement, and
with our powerful multifactor identity management solutions, our
customers benefit exponentially in their key areas of interest:
sales growth and expense management. The IoT has a total potential
economic impact of $3.9 trillion to
$11.1 trillion a year by 2025,
according to McKinsey. Pareteum is well positioned to capture
increasing portions of this vibrant market "
"We are pleased to be recognized for this award. What is really
exciting to us is the fact we have been able to take technological
developments around mobile services and extend that to the evolving
needs of the Internet of Things. Our Global Cloud Services Platform
truly provides a single source for management of all wireless
devices," stated Vic Bozzo, Chief
Executive Officer of Pareteum.
Awards from TMC are regarded among 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. TMC has been
honoring technology companies with awards in various categories for
more than 20 years.
About TMC
Global buyers rely on TMC's content-driven
marketplaces to make purchase decisions and navigate markets. This
presents branding, thought leadership and lead generation
opportunities for vendors/sellers.
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 Contact:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com
Hayden IR
(917) 658-7878
TMC
Contact
Rebecca Conyngham
Marketing Manager
203-852-6800, ext. 287
rconyngham@tmcnet.com
View original content with
multimedia:http://www.prnewswire.com/news-releases/pareteum-global-cloud-wins-iot-evolutions-2017-iot-excellence-award-300607999.html
SOURCE Pareteum Corporation