NEW YORK, March 31, 2020 /PRNewswire/ -- Pareteum
Corporation (Nasdaq: TEUM), a cloud communications platform
company, announced today that it has been selected by Rakuten
Viber, a leading global messaging app, to provide API-driven
multifactor authentication services for an enhanced and secure end
user experience.
Viber, a subsidiary of Rakuten, the Tokyo-based digital services brand active in
banking, ecommerce, media, and communications, is one of the most
widely adopted messaging apps in the world, with over one billion
active users. Viber facilitates voice, video, and text
communications across both mobile and desktop platforms.
Viber has deployed the Pareteum Experience CloudTM
platform to establish an additional user authentication layer
during account activation and throughout the user lifecycle. This
protects both end users and the Viber platform from bad actors.
The Pareteum Experience Cloud's multifactor authentication is
supported by a range of capabilities, including A2P messaging,
voice biometrics and location awareness. It is a single source for
the creation, delivery and rapid scaling of a multitude of
API-driven communications experiences and delivers an unrivaled
combination of mobility, customer engagement, analytics and
intelligence services over the world's largest unified global
network.
"Security is a cornerstone of the communications experience and
end users expect their digital services providers to deliver robust
and unbroken protection of their data, privacy and application
activity," said Lars Korbel,
Pareteum's VP of Messaging. "I am delighted that our
API-driven multifactor authentication solution has been selected to
provide this invaluable component of the Viber experience and I
look forward to deepening our relationship with Viber."
"Nothing is more important to us than protecting our users,"
said Cristina Constandache, Chief Revenue Officer at Viber. "Trust
and end-to-end security are the core of our brand and service. As
such, we work only with providers that meet our stringent
requirements. We are pleased to welcome Pareteum as a new security
partner and look forward to a successful partnership."
About Pareteum Corporation:
Millions of people and devices are connected around the world
using Pareteum's Global Cloud Communications Platform, enhancing
their mobile experience. Pareteum unleashes the power of
applications and mobile services to bring secure, ubiquitous,
scalable, and seamlessly available voice, video, SMS/text
messaging, data, media, and content enablement to our customers. In
so doing, we are able to make worldwide communications services
easily and economically accessible to everyone. By harnessing the
value of our cloud communications platform, Pareteum serves
enterprises, communications service providers, early stage
innovators, developers, IoT, and telecommunications infrastructure
providers. Pareteum envisions a new mobile communications
experience, imagining what will be and delivering now. For more
information please visit: www.pareteum.com.
About Rakuten Viber:
At Rakuten Viber, we connect people. No matter who they are, or
where they are from. Our global user base has access to a range of
features like one-on-one chats, video calls, group messaging, and
updates and discussions with their favorite brands and celebrities.
We ensure our users have a secure and free environment to share
their emotions.
Rakuten Viber is part of Rakuten Inc., a world leader in
e-commerce and financial services. It is the official communication
channel of FC Barcelona, and the official instant messaging and
calling app partner of the Golden State Warriors.
Join Viber today and enjoy the world's best
communication experience.
Forward Looking Statements:
Certain statements contained herein constitute "forward-looking
statements" as defined by 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. These risks include, among other things (1) the ability
to complete Pareteum's restatement of its previously
issued consolidated financial statements as of and for the full
year ended December 31, 2018, and
interim periods ended March 31, 2019
and June 30, 2019 and address any
material weaknesses, the timing of the completion of necessary
restatements, interim reviews and audits by the Company's
independent registered public accounting firm, (2) risks relating
to the substantial costs and diversion of personnel's attention and
resources deployed to address the restatement of the affected
financial statements and internal control matters, (3) the risk of
litigation or regulatory action arising from the restatement of the
affected financial statements, (4) the timing of the review by, and
the conclusions of, the Company's independent auditor regarding the
restatement, (5) the ability of the Company to remediate any
material weaknesses in internal control over financial reporting,
(6) potential reputational damage that the Company may suffer as a
result of the restatement of the affected financial statements, (7)
the impact of the restatement of the affected financial statements
on the value of the Company's common stock, and (8) the risk that
the filing of the restatement of the affected financial statements
will take longer than anticipated. Given these risks and
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.
Media Inquiries
Press@pareteum.com
media@viber.com
Pareteum Investor Relations Contacts:
Investor Relations +1 (646) 975-0400
Investor.relations@pareteum.com
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SOURCE Pareteum Corporation