Pareteum Accelerates International Sales Program with Addition of Nick Barter as Vice President of Sales EMEA

NEW YORK, Feb. 27, 2017 /PRNewswire/ -- Pareteum Corporation (NYSE MKT: TEUM) ("Pareteum" or the "Company"), a leading international provider of mobile networking software and services, today continued the expansion of its global sales team announcing the hiring of Nick Barter to the newly created position of Vice President of Sales, EMEA (Europe, the Middle East and Africa). Nick will be based out of the UK and will immediately focus on securing contracts and partnerships with the large numbers of communications service providers operating throughout the EMEA.

Mr. Barter started his career in the Royal Navy and went on to achieve a law degree before entering the world of commerce. Initially joining Videotron as a commercial manager, Nick was then recruited by British Telecom (BT) to head-up the sales and marketing department at BT Cable TV. His career also includes over 15 years in the wholesale telecoms market and working with a number of European and North American MVNO, Internet of Things (IoT) and Machine to Machine operations at companies including Cloud9 Telephony and Limitless Mobile.

"We are pleased to welcome Nick as the latest addition to our growing global sales team. Nick brings with him immediate value due to his extensive global network of relationships including the recently secured business with Sol Mobile and Pronto Telecommunications, as well as direct practical experience in meeting the evolving needs of telecommunications operators and communications service providers," said Vic Bozzo. "We have seen growing interest in Pareteum's portfolio of mobile software and services and building momentum behind our Mobility Cloud Platform which continues to add important new capabilities and functionality such as advanced messaging and IoT. We are confident that Nick will be able to immediately contribute new relationships and contracts, assisting our efforts to capitalize on the demand for our services, especially from the vast number of potential customers and partners in the EMEA who need to quickly deploy new communications services," added Mr. Bozzo, CEO of Pareteum.

Nick Barter commented, "Throughout my career, I have assisted global communication providers address the challenges of emerging technologies and the entry of new competitors by helping them adapt, expand their markets and drive new service revenues. I believe Pareteum's service offerings and capabilities are uniquely suited to the mobile industry's transformation to the cloud and the growing need for connectivity supporting increasing numbers of connected wireless devices. Additionally, Pareteum's innovative technology will help speed deployment of critical emerging applications including advanced messaging and IoT, greatly expanding the opportunities for both entrepreneurial and well-established providers throughout the region who are actively seeking ways to grow their businesses."

Additionally, the Company noted that it is also attending this year's Mobile World Congress in Barcelona, Spain, being held from February 27^th through March 2^rd. Pareteum executives and staff including Vic Bozzo and Nick Barter will be hosting meetings with partners and customers at its booth located at Hall 2, Stand 2O48MR during the event.

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, SaaS and IoT markets. Mobile Network Operator (MNO) customers include Vodafone, the world's second largest mobile operator by customer count, Zain, the 4th largest mobile operator in the world in terms of geographical presence and other Tier 1 operators, MVNO customers such as Lebara and Lowi, and partners including Cleartech and Expeto. 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.

Shareholder Contact:

Steve Gersten
(813) 926-8920
[email protected]

Investor Relations Contact:

Jon Cunningham
(407) 712-8969
[email protected]

SOURCE Pareteum Corporation

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