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Digital Brand Management Company Selects Pareteum to Deliver Subscriber Messaging and Marketing ContentNEW YORK, Nov. 6, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing mobile Cloud Communications Platform company, today announced that it has been awarded a 3-year contract, scheduled to add approximately $1,000,000 to the Company's $114 million 36-month contractual revenue backlog, by a digital brand management communications company. Pareteum's Global Mobility Cloud Platform delivers instant messaging services that connect wireless subscribers to receive and send messages anytime from anywhere. This breakthrough is a step toward independence from being tied solely to one network. Under the terms of the agreement, Pareteum receives 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. Connections can be made to and from call centers and marketing companies to subscribers for purposes ranging from security to brand awareness campaigns. The customer is currently delivering messaging and marketing content for advertisers including luxury brands, as well as delivering messages for social media campaigns, municipalities, schools, and first responders. The aim of digital brand management is to manage the customer's experience in receiving and responding to information. 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 projected to grow from $6 billion in 2017 to $17 billion by 2022, a CAGR of 23%. Pareteum's Global Mobility Cloud Platform serves this market by delivering global connectivity, enabling seamless digital content delivery on any device, anywhere, on any network. "Our customer and the brands they manage are currently making millions of mobile connections daily. Prior to this contract, a connection to every network and mobile carrier was necessary to deliver global coverage. By adopting the Pareteum Global Mobility Cloud as their platform, they can make one onnection and have a more expansive and direct mobile network reach to optimize their monetization of transactions," stated Vic Bozzo Pareteum's CEO. "The growing use of Pareteum's Application Exchange and Developers Platform Services, delivered via our Global Mobility Cloud, is strategically important to the explosive opportunity to link applications and content to people based upon their interests, needs, and preferences. This continued 'uberization' of telecommunications and software via mobile services is Pareteum's specialty, and customers appreciate the choice, with the value we bring them," said Hal Turner, Principle Executive Officer and Board Chairman of Pareteum. About Pareteum Corporation Forward Looking Statements: Contractual Revenue Backlog Definition: Pareteum Investor Relations Contact:
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