NEW YORK, March 14, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Cloud Communications Platform company, announced today the establishment of a Strategic Advisory Board, which will be filled with senior industry experts and leaders. The first two appointments to the Advisory Board are Dr. Francisco Ros, a leading expert with deep domain experience in communications and mobility technologies, as demonstrated by his extensive experience in the private and public sector, and Mr. Manjot Mann, a telecommunications market leader currently with the most successful MVNO in the world.
Commenting on his appointment, Dr. Ros, stated, "I am delighted to be appointed to the Strategic Advisory Board of Pareteum Corporation. I have followed the company for several years and served on the Board of Director's in the past. At this point, it is clear that Pareteum's technology is going to be highly disruptive in our industry, creating significant revenue-enhancing opportunities for new and existing market players. I am particularly impressed with the successful restructure undertaken by Mr. Turner in the past 18 months. My return to the restructured company is motivated by my desire to support the new Pareteum to capitalize on a genuine opportunity and become the dominant leader in this fast-moving market."
Mr. Manjot Mann, stated, "The market is seeking MVNO and IOT solutions and I believe the Pareteum platform, team and opportunity are in perfect alignment. I am looking forward to aiding in the success and thought leadership of the company throughout the world. Particularly in Asia Pac the telecommunication industry is embracing new ways to fill the network."
Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, commented, "Our establishment of a Strategic Advisory Board, signals that we recognize the need for advisory and guidance based upon the successful executive experience from within each region of the globe where we operate and provide services. There is significant value and opportunity for companies that can extract and deliver financial and operating results by controlling, integrating and leveraging the supply chain for software services, mobility and communications platform services. This is the business of Pareteum, which we are currently doing well, and now with the addition of Francisco and Mann to our TEUM, we have every expectation of doing even better. We welcome Francisco and Mann and look forward to the strategic counsel and advice that they will bring to the company as they help us to execute on our ambitious plans for dramatic growth with sustained profitability and cash generation."
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 of 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: 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.
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SOURCE Pareteum Corporation