– Thomas Served as CEO & CFO of Telcos from $20M to $1.5B in Size,
NEW YORK, NEW YORK, July 27, 2017 – Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced Ms. Laura Thomas, a highly regarded telecom executive with a 30 year track record, has been appointed to Pareteum’s Board of Directors effective immediately.
Hal Turner, Executive Chairman of Pareteum, added, “Having successfully completed key elements of a corporate turnaround at Pareteum, we are now adding independent directors with deep industry experience to our Board. We are pleased and honored that Laura has accepted a Board seat, and will also serve as Chair of our Audit Committee. She has strong ties with telecom and mobile industry titans, as well as expertise in the capital markets. Her experience and her industry network will be of tremendous value to Pareteum as we continue to improve our financial and operational performance. We believe the addition of Laura Thomas, and earlier in the year, Luis Jimenez-Tuñon, serves as proof-positive to our shareholders, customers, and employees, of Pareteum’s long-term commitment to being an innovative leader in the telecom industry.”
About Pareteum Corporation
Pareteum Corporation and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities for the global Mobile, MVNO, Enterprise, Software-as-a-Service and IoT markets. The Company’s software solutions allow any organization to harness the power of a wirelessly connected world by delivering seamless connectivity and subscriber management capabilities that provides end-to-end control of millions of connected devices. Mobile Network Operator (MNO) customers include Vodafone, the world’s second largest mobile operator by customer count, Zain, one of the largest mobile operators in the Middle East, as well as MVNO customers such as Lebara and Lowi. 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.