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APPS 5.380+2.7%12:59 PM EST

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From: ACAN8/2/2018 10:47:11 AM
   of 2007
 
TEUM

Milestone in 36-Month Contractual Revenue Backlog

PR NewswireAugust 2, 2018

NEW YORK, Aug. 2, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, announced today that its current 36-Month Contractual Revenue Backlog (36MCRB) has grown to an astonishing $301 Million. Pareteum has added $46 Million to its 36MCRB with ten (10) new customer agreements the last 36 days. Achieving this tremendous milestone represents a 393% increase from a year earlier, when in July 2017, our 36MCRB was $61 million.

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