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Pareteum Secures a Total of $55 Million in New Contracts in the Second Quarter of 2018

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that, during the second quarter of 2018, the Company signed contracts scheduled to add over $55 Million to its 36-month contractual revenue backlog. The current contractual revenue backlog represents a 74% increase over the 2017 year ending balance of $147 Million, and, a 27.5% increase during the second quarter alone. Pareteum will complete the first half year of 2018 with $255 Million amassed in its 36 Month Contractual Revenue Backlog (36MCRB).
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Pareteum Awarded $3.5 Million Contract from Mobile Service Provider

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that it has signed a 3-year contract to provide its Global Cloud Services Platform (GCSP) and connectivity to an established Global Mobile Virtual Network Operator (MVNO) and IoT Solutions enterprise with a network of Retailers, Distributors and Independent Sales Organizations throughout North America.
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Pareteum Set to Join Russell Microcap® Index

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, is set to join the Russell Microcap® Index at the conclusion of the Russell U.S. Indexes annual reconstitution, effective after the U.S. market opens on June 25, according to a preliminary list of additions posted June 8.
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Press Releases  |  Uncategorized

Pareteum Awarded $6 Million Contract from Established Mobile Virtual Network Operator

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that an established provider of pre-paid communications plans has selected Pareteum’s Managed Service Platform with a $6 million agreement over 3 years.
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Webcast Recording of Pareteum Investor Update Conference Call, June 8, 2018 11:00am Eastern

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, Ribbon Communications (Sonus+GenBand), NetNumber, Oracle, Microsoft, and other world class technology providers).
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Pareteum and Artilium Announce Agreement for Pareteum to Acquire Artilium in $104.7 Million Transaction

Pareteum Corporation (NYSE American: TEUM) and Artilium plc (AIM: ARTA) today announced that they have reached agreement for Pareteum to acquire Artilium. Under the terms of the acquisition, which have been further detailed today in an announcement issued under Rule 2.7 of the UK Takeover Code, each Artilium shareholder will be entitled to receive 0.1016 Pareteum shares and 1.9 pence in cash per Artilium share upon completion of the transaction. The acquisition values each Artilium share at 19.55 pence and the entire issued and to be issued ordinary share capital of Artilium at approximately $104.7 million (or £78.0 million), based on Pareteum’s closing share price of $2.33 on June 6, 2018 and the exchange rate of US$1.3413: £1.
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Pareteum Announces 3-Year Employment Extension of Founder, Executive Chairman & Principal Executive Officer, Robert ‘Hal’ Turner

areteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, today announced that it has entered into an employment amendment agreement (“Agreement”) with Mr. Turner, pursuant to which his engagement will continue until at least November 18, 2021. Mr. Turner’s prior agreement was based on a fixed term through November 2018 and the company is therefore delighted to ensure the continued engagement of Mr. Turner for a further three years, while the company executes on a significant and value-generating corporate development and market growth strategy.
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Pareteum Announces $8 Million 3-Year Agreement for Global Mobility Services

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that an established Global Mobile Virtual Network Operator (MVNO) has chosen Pareteum’s Global Cloud Service Platform (GCSP), a single-source solution, to launch their new European-based MVNO. The 3-year agreement will add $8 million in revenue beginning end of 2018.
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Pareteum Adds $3 Million Global Cloud Services Contract

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that an established UK-based enterprise has selected Pareteum and Global Cloud Services Platform (GCSP) to empower their global security service offering.
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Pareteum Awarded $2 Million Agreement for WiFi Services

Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that their existing U.S. Wireless Internet Service Provider customer will expand connectivity options by adding SmartConnect™ technology through Pareteum’s Global Cloud Service Platform (GCSP), a single source solution. The amendment to the existing agreement will add $2 million in revenue to the existing 3-year contract.
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