Pareteum Partners with NetNumber to Enhance its Global Cloud Platform
NEW YORK, NY – PRNewswire – March 13, 2018 – Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that it has selected NetNumber, Inc. for its TITAN Centralized Signaling and Routing Control (CSRC) platform.
Integrating TITAN into Pareteum’s Global Cloud Platform will enable the platform to automatically select the highest quality mobile network service with the strongest locally based signal. Based on geographical origination of the connection, the platform will deploy the best possible connection available.
NetNumber TITAN adds to Pareteum’s already robust Global Cloud offerings by providing a single global connection manager. Working seamlessly through Amazon Web Services, it is the software, rather than costly hardware, that is tailored to the unique characteristics of Pareteum’s IoT and Global Cloud service customers.
Ali Davachi, Chief Technology Officer and Chief Operating Officer of Pareteum, stated, “We selected NetNumber TITAN to add to Pareteums’s platform to access more control over our growing set of mobile network operator partners. TITAN allows us to integrate multiple network functions into a single virtualized platform. Deploying a single virtualized platform into our core network will be much easier and cost-effective than deploying multiple devices.”
Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, stated, “These capabilities, using NetNumber services, effectively enables the customers of Pareteum, and onward to their retail customers, the ability to be assured of the best cost and quality via any device and anywhere there is network coverage. For example, integration of the virtualized NetNumber TITAN platform with Pareteum’s network management software environment will enable us to manage all network functions and Pareteum customers centrally—leading to operational cost savings. TITAN is a good fit with our Global Cloud Services Platform (GCSP) mobile network operator (MNO) partnerships because of our enhanced Cloud distribution. Pareteum is now able to exert micro control over the network management, further expanding our leadership in the global cloud service platform and mobility markets.”
“We are excited to work with Pareteum as the company delivers on its mission of connecting everyone and everything,” commented Kevin Peters, NetNumber Chief Executive Officer. “Our customers select the NetNumber TITAN platform to enable the deployment of a future-proof infrastructure that is compatible with today’s network technologies and designed to support their growth and the delivery of next-generation services.”
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 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.
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