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March 29, 2018

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Pareteum Publishes Whitepaper Defining the Smart City Movement and its Role in this Transformation


Pareteum Publishes Whitepaper Defining the Smart City Movement and its Role in this Transformation

NEW YORK, NY – PRNewswire – March 29, 2018 – Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that it has published a whitepaper to define the digital transformation of Smart Cities.

The whitepaper explores how the Pareteum Global Cloud Service Platform supports this movement and the various opportunities and challenges involved including public/private partnerships and the technology behind providing a rewarding experience for the citizens and efficiency and modernization for the municipality.

Ali Davachi, CTO and COO of Pareteum commented, “Providing thought leadership in this area and educating the market on Pareteum’s role in the Smart City is paramount to this exciting global transformation. We will continue to release whitepapers highlighting the enablement strategies we achieve for our customers with the Pareteum Smart Network.”

Quote from Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum stated, “Smart cities strive to be more competitive, livable and to attract more investment than traditional counterparts by being interconnected, sustainable, low carbon cities. Pareteum’s Smart Network is designed to consistently deliver a flexible, secure, scalable, reliable and cost- efficient network. The capabilities of Smart City technology continue to evolve and Pareteum is deeply committed to driving innovation to support and improve efficiency.”

Click Here to Read the White Paper, Smart Cities: The Path to Connected Living

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 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:

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.

Pareteum Investor Relations Contacts:
Ted O’Donnell
Chief Financial Officer
(212) 984-1096

Hayden IR
(917) 658-7878