Press Releases
Press Releases
Pareteum Announces December Customer Deployments
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced its December 2018 services initiation for four previously-awarded contracts that represent $21.5 million of the existing $500 million in its 36-month contractual revenue backlog, and therefore contributing to the company’s revenue recognition.
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Pareteum Awarded $76 Million in Additional Three-Year Agreements
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has added 11 additional three-year agreements in November 2018 totaling $76 million in 36-month contractual revenue backlog.
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Pareteum’s November Customer Deployments Accelerate
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it has initiated services in November 2018 for eight previously-awarded contracts that represent $38.7 million of the existing $500 million in its 36-month contractual revenue backlog, and therefore contributing to the company’s revenue recognition.
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Pareteum Appoints Robert L. Lippert to Board of Directors
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that Robert L. Lippert, a financial economist with a 20-plus year track record consulting corporations and academia in finance and strategy, has been appointed to its board of directors. Dr. Lippert will serve as an independent director and will chair the audit committee of the board of directors.
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Pareteum to Participate in Craig-Hallum Alpha Select Conference in New York
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced it will participate in the 9th Annual Craig-Hallum Alpha Select Conference on November 15, 2018 at the Sheraton New York Times Square Hotel in New York.
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Pareteum Enters into Definitive Agreement to Acquire iPass
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, and iPass, Inc. (Nasdaq: IPAS), a provider of global mobile connectivity, and location and performance data, today announced that they have entered into a definitive agreement under which Pareteum will acquire iPass in an all-stock transaction whereby iPass shareholders will receive 1.17 shares of Pareteum common stock in an exchange offer.
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Pareteum Announces Record Third Quarter 2018 Results
Pareteum Corporation (Nasdaq: TEUM), (“Pareteum” or the “Company”), a Global Cloud Software company, announced today its operating and financial results for the third quarter ended September 30, 2018.
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Pareteum Announces New Asia CEO
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that CEO Vic Bozzo has been appointed as the new CEO of Pareteum Asia, replacing Manjot Mann, who has accepted a position as chief executive officer with M1 in Singapore. Vic Bozzo assumes his new role within Pareteum Asia Pty Ltd immediately.
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Pareteum to support launch of Kyiv, Ukraine’s first US-based Smart City Accelerator in Silicon Valley on Nov. 15
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that it is partnering with the City of Kyiv, Ukraine, to bring Kyiv’s Smart City Accelerator to Silicon Valley, in cooperation with Pareteum strategic partner iPass.
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Pareteum Initiates Services for 11 Customers
Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, today announced that 11 previously-awarded contracts in its 36-Month Contractually Committed Revenue (36MCCR) went live from June to September 2018. These contracts, with a conversion rate of 100%, contributed to Pareteum’s expected $8 million in revenues and 2.9 million connections for the third quarter 2018.
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