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Pareteum Announces Full Year 2019 Financial Results with Revenues of $62M, an Increase of $42M

March 12, 2021

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Pareteum Corporation (OTC Pink Open Market: TEUM), a global cloud platform-as-a-service (CPaaS) company, achieved another significant milestone today with the announcement of its full-year 2019 financial results and restated first and second quarter financial results for 2019. The Company expects to release its 2019 annual report on Form 10-K and interim periods included therein later today. The Company expects to complete the process and file full-year 2020 financial information soon by becoming fully current with respect to the filing of its quarterly and annual financial results. Pareteum’s Board of Directors and executive management have instituted significant changes to reconstitute the company to position for future growth and value creation.

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