NEW YORK, Feb.
27, 2018 /PRNewswire/ -- Pareteum
Corporation (NYSE American:
TEUM), the rapidly
growing Cloud Communications Platform
company, wishes to congratulate partner
Airfox for the successful launch of their
new mobile app in Brazil,
giving unbanked citizens access to
previously inaccessible Financial Services.
Airfox sets the tone for a successful week
ahead at Mobile World Congress 2018 with
this announcement.
Vic Bozzo,
CEO of Pareteum stated, "We are supporting
Airfox in this opportunity for mobile
operators and MVNOs to add subscribers and
enable consumers who might have been
excluded from participating in the global
economy. Applications, social media, gaming,
and other options are offered by the
application store. This is one example
of how the industry is finding new ways to
improve quality of life."
"This successful
launch bodes well for our partners, Airfox,
and for Pareteum, in fundamental revenue
growth and profitability. This new service
offering in Brazil extends
TEUM's abilities for person to person mobile
payments, that are trusted. Pareteum and
Airfox form a highly complementary
technology partnership. It is exciting to
see these new technologies allowing for
deeper market penetration," commented Hal
Turner, Executive Chairman and
Principal Executive Officer of Pareteum.
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 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
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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
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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.