NEW YORK, July 12, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM), ("Pareteum" or the
"Company"), the rapidly growing Cloud Communications Platform
company, announced today that it has developed and launched a new
user experience portal, engineered to allow service providers to
securely manage their customer's connections, usage and revenue
stream.
This newly developed software solution, which has been added
directly to the Global Cloud, is specifically targeting application
providers that need real-time control over every transaction, and,
as well, need to pre-authorize transactions, ensuring that the
Identity of the subscriber matches the service plan and products
they are contracted to use, in advance of the transaction.
Service Providers face constant change as new applications and
mobile use cases are required to meet local and global needs.
Pareteum's enhanced software enables customers to address these
through a fully integrated single interface for shared services.
New features include a seamless ability to track authorized account
users, create and manage customer credit limits, add peripheral
products including video, applications, gaming and apply related
polices in real-time to individual user accounts, while maintaining
compliance with new European GDPR standards.
"We continue to engage with the needs of our customers and
provide the solutions that will enable them to grow their
businesses with ease and confidence. Layering our cloud with a
Messaging Services Solution was a direct result of the feedback
from our customers. With this valuable input, we will continue to
broaden and expand our platform capabilities," stated, Ali Davachi, Chief Operating Officer and Chief
Technology Officer of Pareteum.
Hal Turner, Pareteum's Executive
Chairman and Principal Executive Officer, stated, "The accelerating
momentum and pace at which Pareteum continues innovating and
developing software exemplifies the efficiency of our platform's
capacities. We intend to further disrupt the industry with new and
innovative solutions at every turn. No obstacle will block us from
answering the needs of our customers, globally."
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, Ribbon, 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
Carrie Howes
Rayleigh Capital
Dubai- London
T UAE: +971 (0) 55 997 0427 | T UK: +44 (0) 870 490 5443 | T CAN:
+1 416 900 3634
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SOURCE Pareteum Corporation