Pareteum Corporation (NYSE American: TEUM), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, announced today that it has signed a $3 million 5-year agreement to provide its Managed Service Platform (MSP) to a North-African based MVNE provider.

Pareteum's Managed Services Platform provides the client with a fully-integrated software solution, delivering multi-country branded services, digital applications, data services and traditional mobile services for its end-users. Pareteum's software API based mobility enablement cloud, with global connectivity, facilitates expansion into adjacent countries, with a focus on French-speaking countries in Africa and the Middle East.

Vic Bozzo, CEO of Pareteum, stated, "Pareteum is pleased to empower this client with our MSP platform. As the digital economy takes over, the African and Middle East regions are rapidly growing in connections and show a lot of interest in software solutions for their expanding needs. Pareteum is a key partner in this wave of connectivity, bringing the best services, at faster speeds, via safe and secure APIs, to these flourishing markets."

Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, commented, "Pareteum's continued extension of our mission is best represented with this newest customer. We seek to create geographical freedom for our users, with a platform that provides a flexible solution, without heavy capital investment in infrastructure, generating opportunities for all. The combined effectiveness of our software solutions will bring forth a new era of innovation, unlocking the limitless potential of clients with our software services!"

About Pareteum: Pareteum Corporation (NYSE American: TEUM) is a rapidly growing global Cloud Communications Platform company with a mission 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, 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 Cloud software, 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 and the Netherlands. For more information please visit: www.pareteum.com.