NEW YORK, March 13, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM), ("Pareteum" or the
"Company"), the rapidly growing Cloud Communications Platform
company, announced today that it has selected NetNumber, Inc. for
its TITAN Centralized Signaling and Routing Control (CSRC)
platform.
Integrating TITAN into Pareteum's Global Cloud Platform will
enable the platform to automatically select the highest quality
mobile network service with the strongest locally based
signal. Based on geographical origination of the connection,
the platform will deploy the best possible connection
available.
NetNumber TITAN adds to Pareteum's already robust Global Cloud
offerings by providing a single global connection manager. Working
seamlessly through Amazon Web Services, it is the software, rather
than costly hardware, that is tailored to the unique
characteristics of Pareteum's IoT and Global Cloud service
customers.
Ali Davachi, Chief Technology
Officer and Chief Operating Officer of Pareteum, stated, "We
selected NetNumber TITAN to add to Pareteums's platform to access
more control over our growing set of mobile network operator
partners. TITAN allows us to integrate multiple network functions
into a single virtualized platform. Deploying a single virtualized
platform into our core network will be much easier and
cost-effective than deploying multiple devices."
Hal Turner, Executive Chairman
and Principal Executive Officer of Pareteum, stated, "These
capabilities, using NetNumber services, effectively enables the
customers of Pareteum, and onward to their retail customers, the
ability to be assured of the best cost and quality via any device
and anywhere there is network coverage. For example, integration of
the virtualized NetNumber TITAN platform with Pareteum's network
management software environment will enable us to manage all
network functions and Pareteum customers centrally—leading to
operational cost savings. TITAN is a good fit with our Global Cloud
Services Platform (GCSP) mobile network operator (MNO) partnerships
because of our enhanced Cloud distribution. Pareteum is now able to
exert micro control over the network management, further expanding
our leadership in the global cloud service platform and mobility
markets."
"We are excited to work with Pareteum as the company delivers on
its mission of connecting everyone and everything," commented
Kevin Peters, NetNumber Chief
Executive Officer. "Our customers select the NetNumber TITAN
platform to enable the deployment of a future-proof infrastructure
that is compatible with today's network technologies and designed
to support their growth and the delivery of next-generation
services."
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