NEW YORK, July 12, 2018 /PRNewswire/ — Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that it has developed and launched a new user experience portal, engineered to allow service providers to securely manage their customer’s connections, usage and revenue stream.
This newly developed software solution, which has been added directly to the Global Cloud, is specifically targeting application providers that need real-time control over every transaction, and, as well, need to pre-authorize transactions, ensuring that the Identity of the subscriber matches the service plan and products they are contracted to use, in advance of the transaction.
Service Providers face constant change as new applications and mobile use cases are required to meet local and global needs. Pareteum’s enhanced software enables customers to address these through a fully integrated single interface for shared services. New features include a seamless ability to track authorized account users, create and manage customer credit limits, add peripheral products including video, applications, gaming and apply related polices in real-time to individual user accounts, while maintaining compliance with new European GDPR standards.
“We continue to engage with the needs of our customers and provide the solutions that will enable them to grow their businesses with ease and confidence. Layering our cloud with a Messaging Services Solution was a direct result of the feedback from our customers. With this valuable input, we will continue to broaden and expand our platform capabilities,” stated, Ali Davachi, Chief Operating Officer and Chief Technology Officer of Pareteum.
Hal Turner, Pareteum’s Executive Chairman and Principal Executive Officer, stated, “The accelerating momentum and pace at which Pareteum continues innovating and developing software exemplifies the efficiency of our platform’s capacities. We intend to further disrupt the industry with new and innovative solutions at every turn. No obstacle will block us from answering the needs of our customers, globally.”
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, Ribbon, 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 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:
Chief Financial Officer
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SOURCE Pareteum Corporation