NEW YORK, April 24, 2018 /CNW/ -- Pareteum
Corporation (NYSE American: TEUM) ("Pareteum" or the
"Company") the rapidly growing Cloud Communications Platform
company, and iPass, Inc. (NASDAQ:IPAS), a leading
provider of global mobile connectivity, announced today the
creation of a strategic partnership for collaboration in sales and
marketing, and the development of new products and services that
will address a broad range of mobility challenges. Mobile
operators, enterprises and IoT providers are increasingly
experiencing mobile data security risks, competitive cost and
mobile carrier friction for end users that includes the lack of
globally pervasive affordable Wi-Fi offload and connectivity for
IoT devices.
Hal Turner, Principal Executive
Officer and Executive Chairman of Pareteum, stated: "Our Strategic
Alliance with iPass is another material step in achieving
Pareteum's global aim of open mobility and open applications.
Combining the power of iPass' intelligent connection management
technology, Veri-Fi™ location data and analytics, and global
Wi-Fi network with Pareteum's Global Cloud Services suite will
ensure that customers, including major mobile network operators,
businesses, IoT application developers, and global business
travelers, will reap the power of our software services, content,
and applications virtually anywhere they are
connected. Pareteum's Communications Platform as a Service
(CPaaS), now in a strategic alliance with iPass, takes a big leap
forward through our cloud. CPaaS is a cloud-based platform
that enables developers to add real-time communications features
(voice, video, and messaging) to their own applications without
needing to build backend infrastructure and interfaces. bringing
global mobile solutions to our customers. We are delighted to
work with the iPass team and add their platform to our cloud."
"This is an exciting opportunity for both companies, and we are
delighted to partner with Pareteum," said Gary Griffiths, President and CEO of
iPass. "Pareteum has a rich heritage in cloud-based mobile
services for mobile operators, which combined with iPass
SmartConnect™ intelligent connection management and Veri-Fi data
analytics, expands the enterprise opportunities for both
companies."
About Pareteum:
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, Ribbon
Communications (Sonus+GenBand), NetNumber, 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 iPass Inc.
iPass (NASDAQ:IPAS) is a leading
provider of global mobile connectivity, offering simple,
secure, always-on Wi-Fi access on any mobile device. Built on a
software-as-a-service (SaaS) platform, the iPass cloud-based
service keeps its customers connected by providing unlimited
Wi-Fi connectivity on unlimited devices. iPass is the world's
largest Wi-Fi network, with more than 64 million hotspots around
the globe, at airports, hotels, train stations, convention centers,
outdoor venues, inflight, and more. Using patented technology, the
iPass SmartConnect™ platform takes the guesswork out of Wi-Fi,
automatically connecting customers to the best hotspot for their
needs. Customers simply download the
iPass SmartConnect app to experience unlimited,
everywhere, and invisible Wi-Fi. iPass® is a registered trademark
of iPass Inc. Wi-Fi® is a registered trademark of
the Wi-Fi Alliance. All other trademarks are owned by their
respective owners.
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
Stephen Hart
Hayden IR
917-658-7878
Carrie Howes
Rayleigh Capital
Dubai- London
T UAE: +971 (0) 55 997 0427 | T UK: +44 (0) 870 490 5443 | T
DE: +49 (0) 211 417 40411 | T CAN: +1 416 900 3634
iPass IR Contacts
Kirsten Chapman / Becky
Herrick
LHA Investor Relations
+1 (415) 433-3777
ipass@lhai.com
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SOURCE Pareteum Corporation