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Pareteum Launches Cloud Contact Center Customer Delivering Marketing Content and Subscriber MessagingNEW 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 ncreasingly 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: Contractual Revenue Backlog Definition: Pareteum Investor Relations Contact: Hayden IR
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