Pareteum Names Mark McLauchlan VP of Strategic Accounts

NEW YORK, March 26, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Cloud Communications Platform company, announced that it has appointed Mark McLauchlan as Vice President of Strategic Accounts.

Mark brings over 15 years of experience working in the telecom, media, and technology (TMT) sectors, addressing the needs of communications services providers (CSPs) and enterprise businesses. At Vodafone, Mark was part of the team responsible for establishing what is now; 'Vodafone Carrier Services'. From there, he moved to a US app company effectively establishing presence in local markets around the globe. Mark's earlier experiences at Cable & Wireless ranged from Finance to Strategy, Product Management, and, ultimately, global sales, where he led the Global Voice Services team.

"It was a simple decision to join Pareteum. The agility and relevant capability of our platform, coupled with our ability to integrate, provides boundless potential for Operators and Enterprises to accelerate their digital strategies. I am really excited to bring our capability to this market and help our partners to achieve their business initiatives rapidly, with maximum impact," stated Mark McLauchlan.

"Mark is an experienced telecom and technology executive with in-depth understanding of the market," says Rob Mumby, Pareteum's Chief Revenue Officer.  "Under his leadership, we will have tighter focus on developing and delivering our market-revolutionizing capabilities to our most strategic customers."

Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum, commented, "Mark brings another dimension of global account management to the team. His broad experiences and large network of contacts at both a local and global level will accelerate Pareteum's sales and deployments for the global multinational customers he seeks to add to TEUM' s growing list of satisfied clients. His knowledge of CSPs and their businesses provides us with an opportunity to deepen our relationships with strategic partners around the world, and enables them to realize value from their transformational initiatives utilizing Pareteum's Global Cloud Services Platform and solutions."

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.  

Pareteum Investor Relations Contacts:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com

Hayden IR
(917) 658-7878

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SOURCE Pareteum Corporation