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Pareteum Wins 2017 Communications Solutions Product of the Year AwardNEW YORK, July 17, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE MKT: TEUM) ("Pareteum" or the "Company"), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced that it has been awarded the 2017 Communications Solutions Product of the Year Award for its Mobile Networking Software and Services by TMC, a global integrated media company. Providing the global technology platform to connect all things mobile, Pareteum provides its patented, industry leading Managed Services Platform and Global Mobility Cloud Platform to network telecom providers, enterprises of all sizes, including the Internet of Things (IoT) and Machine-to-machine (M2M) markets. Pareteum connects any device, anywhere, anytime, enabling its customers to track usage and generate revenues with significantly improved time and cost efficiency. Pareteum's Managed Services Platform is a dynamic, fully managed platform designed for large Mobile Network Operators (MNOs), Mobile Virtual Network Operators and Enablers (MVNO/MVNE) and other Communication Service Providers (CSPs). It delivers fully integrated real-time account management, operational and billing management, and connectivity to the wireless network. "Congratulations to Pareteum for being honored with a Communications Solutions Product of the Year Award," said Rich Tehrani, CEO, TMC. "Pareteum's Mobile Networking Software and Services are truly innovative and amongst the best solutions brought to market in the past twelve months that facilitate business-transforming voice, data and video communications. I look forward to continued excellence from Pareteum in 2018 and beyond." "We are honored to receive this highly coveted and prestigious award from TMC. With the delivery of this enhanced product, Pareteum has seen an increase in new customers and robust growth in our global subscriber base as a result. In recognizing Pareteum, TMC highlighted the industry acceptance of our innovative leading global mobility platform, accessible to Carrier and Unified Communication Providers, Enterprises, and Application Providers anywhere in the world. Our customer success is also helping us to tailor our products to meet the quickly expanding opportunity for mobile service delivery." said Vic Bozz, CEO of Pareteum. For more than 20 years, TMC has been honoring technology companies with awards in various categories. These awards are regarded as some of the most prestigious and respected honors in the communications and technology sector worldwide. Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a verifiable leader in the marketplace. About TMC For more information about TMC, visit www.tmcnet.com. About Pareteum Corporation: Forward-Looking Statements: TMC Contact: Pareteum Investor Relations Contact:
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