NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American: TEUM) today released availability of
its self-service portal for communications service providers and
developers to connect with and build programs for the internet of
things.
Pareteum's SuperAPI and integrated portal make geographic
boundaries disappear for global communications service providers,
so they can connect internet of things devices and services across
continents. The portal also gives developers connectivity in more
than 75 countries, and a self-service SuperAPI so they can build
unique internet of things solutions for their customers.
With Pareteum's portal, communications service providers can
securely manage massive volumes of data, as well as charging and
billing, with real-time access and monitoring for every connected
device that drives their business; developers around the world can
open a treasure trove of communications features and add them into
their own applications without needing to build backend.
"Pareteum brings a seamless, simple solution to the platform
services market. We expect this to be a $4
billion market within a couple of years," said Ali Davachi, Chief Operating Officer and Chief
Technology Officer of Pareteum. "With the rise in number of
internet of things connected devices and the subsequent explosion
in total volume of data, businesses have a growing need for
software that can manage and analyze information efficiently."
Pareteum's Executive Chairman and Principal Executive Officer
Hal Turner commented, "Pareteum
intends to be at the forefront of the platform services market. Our
global connectivity network and mobile enablement solutions help us
achieve our mission by providing a singular solution that helps our
customers around the world scale their businesses and build stellar
communications tools for the internet of things."
About Pareteum Corporation:
Pareteum Corporation (NYSE American: TEUM) is a rapidly growing
Global Software Defined Cloud company with a mission to connect
"every person and everything." Organizations use Pareteum to
energize their growth and profitability through our Global Software
Defined Cloud and complete turnkey solutions featuring relevant
content, applications, and connectivity worldwide. Our Cloud
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 leading Global Software Defined Cloud, delivering
award-winning mobile enablement, regardless of the user's location
or network. 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, Singapore, 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
View original content to download
multimedia:http://www.prnewswire.com/news-releases/pareteum-breaks-into-platform-as-a-service-market-300719064.html
SOURCE Pareteum Corporation