NEW YORK, Nov. 16, 2018 /PRNewswire/ -- Pareteum
Corporation (Nasdaq: TEUM), a cloud software platform company,
today announced that Robert L.
Lippert, a financial economist with a 20-plus year track
record consulting corporations and academia in finance and
strategy, has been appointed to its board of directors. Dr. Lippert
will serve as an independent director and will chair the audit
committee of the board of directors.
Lippert joins Yves Van Sante and
Luis Jimenez-Tuñon as an independent director; together with
Hal Turner, they form the Pareteum
Board of Directors. Laura Thomas,
former independent director of Pareteum, has joined the company as
vice president of corporate development.
"Pareteum is at a pivotal point, expanding into new markets and
leadership as a global software platform and communications
company," said Pareteum's Executive Chairman and Principal
Executive Officer Hal Turner. "Rob's
strategy, finance and business acumen will materially contribute to
Pareteum's mission and our successful strategic plan
execution."
Lippert commented, "I'm pleased to be joining the Pareteum Board
of Directors at such a positive point in the company's journey
towards sustainable success. Pareteum's recent performance
positions the company for an abundance of opportunities to serve
shareholders and the needs of its stakeholders around the
world."
Lippert has assisted organizations in developing and executing
strategies to achieve sustainable financial success for over two
decades. He has also participated in academia, as part of the
faculty of Emory University,
Georgia State University, Rutgers University and the University of South Carolina, wining numerous
teaching awards. Co-Author of The New CFOs: How Finance Teams
and Their Leaders Can Revolutionize Modern Business, Lippert
has taught and consulted in over 50 countries and been keynote
speaker at numerous events across five continents. Lippert was
interim CFO and Vice President of Strategic Planning for the
Seibels Bruce Group, a publicly traded holding company, which
specialized in insurance-related activities. He earned his
Ph.D. in Finance from the University of South
Carolina and a BSBA from Xavier
University.
About Pareteum Corporation:
Pareteum Corporation
(Nasdaq: 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, São Paulo, Madrid, Barcelona, Bahrain, Singapore, Indonesia, Germany, Belgium, United
Kingdom 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
+1 212 984 1096
InvestorRelations@pareteum.com
Stephen Hart
Hayden IR
+1 917 658 7878
Carrie Howes
Rayleigh Capital
European- Global IR
+1 416 837 0075
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SOURCE Pareteum Corporation