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Strategies & Market Trends : smallcap risk reward potential

APPS 6.245

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Oct 31 9:30 AM EDT

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From: ACAN	5/14/2018 8:56:41 AM
	of 2007

TEUM Pareteum Procures Worldwide License to Embed iPass Technology Creates Seamless Switching Between WiFi and Mobile NEW YORK, May 14, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Cloud Communications Platform company has signed a worldwide license purchase agreement to fully embed the iPass SmartConnect™ technology into the Pareteum Global Cloud Services Platform for a total consideration of $3 million. Under the terms of the license purchase agreement, Pareteum will have an unlimited license to enable their global subscribers to seamlessly switch between mobile and WiFi connectivity.

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