September 18, 2018

Pareteum Expands to Asia

Manjot Mann Named CEO of Pareteum Asia Pte Ltd

Manjot Mann

Pareteum Attending TechXLR8 Asia 19 & 20 September

NEW YORK, NEW YORK – PRNewswire – September 18, 2018 – Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, today announced the establishment of its Singapore office, Pareteum Asia Pte Ltd (“Pareteum Asia”). The number of Asia based customers has grown during the past two years, and the opportunities available to Pareteum throughout Asia, including Australia and New Zealand, have led to our need for direct in-market presence to meet our growing demands.

Mr. Manjot Mann has been named Chief Executive Officer (CEO) of Pareteum Asia. Pareteum’s Chief Revenue Officer, Rob Mumby, will join Mr. Mann at the TechXLR8 Asia event in Singapore at the Marina Bay Sands Expo and Convention Centre on the 19th and 20th of September. The Pareteum meeting room is located at the entrance to the MVNO Exhibition area. Email meeting requests to: sales@pareteum.com.

Prior to joining Pareteum, Mr. Mann served for four years at Lebara, London, United Kingdom, where he was CEO, Communications (Mobile) and Convergence, the most successful Mobile Virtual Network Operator (MVNO) in the world. Mr. Mann was key in the successful acquisition of Lebara by a Swiss-based private equity group. Previously, Mr. Mann served for eight years with Hutchison Telecommunications, Jakarta, Indonesia, a highly competitive market where as CEO he drove exceptional revenue and profitability growth.

Mr. Mann, stated, “I’m very excited to be a part of the TEUM that is helping build a linked future by connecting consumers and devices across geographies with development of ground-breaking products and solutions through the Global Software Defined Cloud that promotes open mobility. Asia presents a huge opportunity in that respect with cutting edge technology advancements in mobile telecommunications, IoT, Smart Cities and other digital verticals through multiple access devices. With our presence in Singapore, we will now be within easy reach of providing these services to our growing Asia-Pacific customer base across various sectors.”

Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, commented, “Manjot Mann epitomizes excellence. As a result of his caring leadership, Mann’s career achievements are filled with satisfied customers and highly energized and motivated employees. As Mann leads Pareteum in this critically important region of the world, we expect to further accelerate our customer engagement and demonstrable growth. In opening this key Singapore office location, Pareteum will now directly serve the markets of Asia, Americas, Europe, Middle East, and Africa. Our commitment to fuel open mobility and open application networks now finds new paths to carriers, enterprises and developers via our Global Software Defined Cloud.”

Pareteum’s Global Software Defined Cloud and Super API software increasingly targets new and growing sectors from IoT (Internet of Things), Data Analytics to Smart Cities, and Application-developer markets – each in need of enablement solutions for mobility platforms, services management and global connectivity.

Contact details for Pareteum Asia are as follows:

Address:
531A Upper Cross Street
#04-95
Hong Lim Complex
Singapore (051531)
Tel: +65 3165 1013
Email: Asia@pareteum.com

About Pareteum Corporation:
Pareteum Corporation (NYSE American: TEUM) is a rapidly growing Global Software Defined Cloud company with a mission to connect “every person and everything.” Organizations use Pareteum to energize their growth and profitability through our Global Software Defined Cloud and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. Our Cloud platform services partners (technologies integrated into our cloud) include: HPE, IBM, Ribbon Communications (Sonus+GenBand), NetNumber, Oracle, Microsoft, and other world class technology providers. All of the relevant customer acquired value is derived from Pareteum’s leading Global Software Defined Cloud, delivering award-winning mobile enablement, regardless of the user’s location or network. 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, Singapore 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.

Pareteum Investor Relations Contacts:
Ted O’Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com

Stephen Hart
Hayden IR
(917) 658-7878

Carrie Howes
Rayleigh Capital
Dubai- London
T UAE: +971 (0) 55 997 0427 | T UK: +44 (0) 870 490 5443 | T CAN: +1 416 900 3634