Pareteum Launches Cloud Contact Center Customer Delivering Marketing Content and Subscriber Messaging

NEW YORK, Jan. 19, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Cloud Communications Platform company, today announced services deployment of its Global Cloud Platform to a Digital Brand Management Customer, previously announced in November 2017.

Pareteum's expedited deployment of the $1,000,000 agreement begins revenue generation in the first quarter of 2018, as the customer initiates a Short Messaging Service (SMS) marketing campaign exceeding 1 million messages. Pareteum's Global Cloud Platform enables the Digital Brand Management Customer to offer geo-fencing mobile marketing to send a text message to a mobile device to elicit a response or notify the mobile user of a nearby retail special or sale. This type of location-based marketing via SMS is a powerful tool desired by retailers to reach customers at the right time and improve relationships. The agreement encompasses 1,100 new fixed line Direct Inward Dialing (DID) services and subscribers fully integrated for voice and SMS.

"This is truly a breakthrough as we enable our customer to be independent from being tied solely to a single network. Our Global Cloud Platform delivers instant messaging services that connect wireless subscribers to receive and send messages anytime from anywhere and we receive a fee for every connection that is made between the brand and its mobile subscribers who have elected to receive messages and notifications directly to their phone," stated Vic Bozzo Pareteum's CEO.

Hal Turner, Pareteum's Executive Chairman and Principal Executive Officer commented, "Digital brand management companies may now achieve new levels of excellence in customer engagement via Pareteum's Global Cloud and Connectivity services. These improved customer experiences derive from the quality and timeliness of relevant information received. Pareteum's Global Cloud Platform serves this market by delivering global connectivity, enabling seamless digital content delivery on any device, anywhere, on any network. Customer experience management solutions, particularly via smartphones, are increasingly being used for this purpose. According to a recent report, the market for these digital solutions is set to grow from $6 billion in 2017 to $17 billion by 2022, a CAGR of 23%.  As we vigorously compete on a global scale, Pareteum intends to be known for the quality of the content we deliver and the satisfaction of our brands and their customers who connect with us."

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, Sonus, Oracle, Microsoft, and other world class technology providers. All of the relevant customer 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.

Contractual Revenue Backlog Definition:
Contractual revenue backlog is measured on a forward looking 36 month snapshot view monthly, and, is generated by each of the Company's Managed Services, Global Mobility Cloud, and Application Exchange & Developer's Platform customers. The Pareteum multi-year Software-as-a-Service agreements include service establishment and implementation fees, guaranteed minimum monthly recurring fees, as well as contractually scheduled subscribers, in some cases including subscriber usage, during the term of the agreement, and, their resulting monthly recurring revenue. There can be no assurances that we reach the total revenue backlog. The revenue backlog assumes timing of revenue recognition that may vary from actual results.

Pareteum Investor Relations Contact:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
[email protected]

Hayden IR
917-658-7878

SOURCE Pareteum Corporation