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Pareteum Announces $94 Million Revenue Backlog and Expects Q3 2017 Revenues to Exceed Analyst Expectations

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced it has executed agreements that are expected to result in a record $94,000,000 revenue backlog approximately, and consequentially, a 352% compounded annual growth rate (CAGR) in its revenue backlog since January 1, 2017. Bolstered by 3 new agreements totaling $29,000,000 in revenue backlog signed during past 9 days alone, Q3 revenue backlog increased 57% over Q2.
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Pareteum Enters Eastern European Market with Mobile Virtual Network Enabler Agreement Adding $24,000,000 to Revenue Backlog

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced that it has signed a 5-year agreement with a leading Eastern European telecommunications company with broad holdings in the telecommunications, broadcasting, real estate and industrial markets, to provide the Pareteum Managed Services Platform.
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With $4,000,000 Multi-Year Contract, Pareteum Provides Mobility to the $9 Billion Global Contact Center Market

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced it has been awarded a contract for its Global Mobility Cloud services from one of the world’s leading providers of contact center services for Fortune 500 enterprises. Over the course of this 3-year contract, over $4,000,000 in revenues are expected to be generated by Pareteum.
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Pareteum Awarded 3-Year $1,000,000 Contract to Provide Mobile Virtual Network Enablement for IoT Connectivity in the Middle East

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced it has been awarded a 3-year contract for its Global Mobility Cloud services from an Internet of Things (IoT) service provider to expand into the Middle East using Pareteum’s platform and connectivity. This contract is estimated to add $1,000,000 to Pareteum’s revenue backlog over the course of the next 36 months.
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Leading Global Tourism Retailer Chooses Pareteum to Power its Brand in Recurring 3-Year Seven-Figure Contract

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced that it has been selected to provide its Global Mobility Cloud Platform and connectivity to an established mobile virtual network operator (MVNO), a retailer of IP telephony technology for mobile phones, phone cards, and internet service through hundreds of internet kiosks in airports, railway stations and shopping malls around the world.
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Pareteum Achieves Early Deployment of its Home Location Register (HLR)-as-a Service Offering – Goes Live With Initial Customer

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”)”), the rapidly growing mobile Cloud Communications Platform company, today announced that it is now live with its newly launched on-demand hosted Home Location Register (HLR) services for its first HLR customer, a UK-based Communications Service Provider (CSP). The customer is using Pareteum’s Global Mobility Cloud Platform based HLR service to manage subscriber database and billing for its end users’ mobile devices.
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Pareteum Awarded 3-Year Contract to Mobile Enable a Rapidly Expanding Internet of Things Provider

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing mobile Cloud Communications Platform company, today announced it has been awarded a 3-year contract for its Global Mobility Cloud services from a West Coast enterprise API-based CPaaS (Communications Platform as a Service) provider to power mobility, voice, messaging and infrastructure.
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