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Pareteum Awarded $5 Million Contract from Singapore-Based Mobile Solutions CompanyNEW YORK, July 24, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, announced today that a Singapore-based provider of worldwide concierge and travel solutions has signed a 3-year $5 million agreement to utilize Pareteum's Global Cloud Services Platform. Through the Pareteum enabling software and mobility platform, our new customer will expand its existing partnerships with Asian airports that facilitate mobile services to enterprise customers. Pareteum's Global Cloud Services Platform (GCSP) solution provides our newest client one fully integrated software applications view, and, will manage their enterprise customers' requirements as they travel and communicate from virtually anywhere, globally. Pareteum, and its award-winning software enablement cloud, were selected by this Singapore customer because of the multiple applications available through a single view interface, which includes end-to-end service, our competitive pricing, platform flexibility, service management and fulfillment capabilities. The service offerings will be monitored, metered, rated, and billed via Pareteum's GCSP. Additionally, Pareteum's e-commerce and self-care solutions will produce the ultimate flexibility for the end user, as well as access to worldwide WIFI options, providing a wider reach in connectivity. "Pareteum's growth throughout Asia is encouraging. The market potential in the Asian region is exponential and Pareteum aims to claim the large majority of that market, one satisfied client at a time," commented Vic Bozzo, Chief Executive Officer of Pareteum. Hal Turner, Pareteum's Executive Chairman and Principal Executive Officer, said, "Pareteum's growth has been and will continue to reflect our story of disruption and innovation, binging choice and flexible solutions for our clients. It is from the TEUM's efforts, expended daily, that we are reaping the business results, and proving the points of our company's attractiveness, both to current and prospective customers and investors. This newest client exemplifies another step in our growth as a company, which is rapidly defining Pareteum as the go to Super API and Global Cloud Software Mobility Enabler, virtually on demand!" About Pareteum: Forward Looking Statements: Pareteum Investor Relations Contacts: Stephen Hart Carrie Howes
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