Pareteum : Global Cloud Platform Receives 2018 Internet Telephony Product of the Year Award

Pareteum's Global Cloud Platform Receives 2018 Internet Telephony Product of the Year Award

Unified Cloud Mobility Recognized for World Class Industry Innovation

NEW YORK, NEW YORK, February 26, 2018 - Pareteum Corporation (NYSE American: TEUM), the rapidly growing Cloud Communications Platform company, announced today that it has been awarded the 2018 Internet Telephony Product of the Year Award by TMC, a global integrated media company recognized as the voice of the industry.

Pareteum's Cloud Communications Platform continues to draw attention to its market leading platform with new feature sets including Voice over Internet Protocol, Enterprise PBX functionality, Blockchain, HTML5 gaming capabilities, Internet of Things Management, and Analytics products.

Awards from TMC are regarded as some of the most prestigious and respected honors in the communications and technology sector worldwide. Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a verifiable leader in the marketplace. TMC has been honoring technology companies with awards in various categories for more than 20 years.

'It gives me great pleasure to recognize Pareteum with a 2018 Product of the Year Award for its commitment to excellence and innovation,' said Rich Tehrani, CEO, TMC. 'In the opinion of our distinguished judges, TEUM's Unified Mobility Communications System has proven to be among the best communications and technology solutions available on the market. I look forward to continued innovation from Pareteum.'

'Being recognized by TMC for the industry leading innovation of our Unified Mobility Cloud Solution is one of the most coveted forms of recognition a company can receive in the industry. In recognizing Pareteum, TMC highlighted the industry acceptance of our global mobility platform, accessible to Carrier and Unified Communication Providers, Enterprises, and Application Providers anywhere in the world. With the delivery of this enhanced product, Pareteum has seen an increase in new customers and robust growth in our global subscriber base. Our customer success is also helping us to tailor our products to meet the quickly expanding opportunity for mobile service delivery. We are honored to receive this highly coveted and prestigious award from TMC,' said Vic Bozzo, CEO of Pareteum.

'This is the 4th time teams and companies I have had the honor to lead have earned highly prestigious industry awards and recognition from TMC. Pareteum's growth has been and will continue to reflect the character of a warrior. It is from these warrior efforts, expended daily, that we are reaping the business results, and, proving the points of our company's attractiveness, both to current and prospective customers and investors. Innovation that yields new solutions, virtually on demand, simply means more ways our subscribers and their connections can utilize this industry recognized, Pareteum developed, Global Cloud Platform, to generate revenue and save dramatically on expenses … they come because we have built it,' stated Hal Turner, Executive Chairman and Principal Executive Officer at Pareteum.

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About TMC
Global buyers rely on TMC's content-driven marketplaces to make purchase decisions and navigate markets. This presents branding, thought leadership and lead generation opportunities for vendors/sellers.

For more information about TMC, visit www.tmcnet.com.

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 Contact:
Ted O'Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com

Hayden IR
(917) 658-7878

TMC Contact
Rebecca Conyngham
Marketing Manager
203-852-6800, ext. 287
rconyngham@tmcnet.com