Artilium PLC Additional Agreement with Pareteum Corporation (6047K)

TIDMARTA

RNS Number : 6047K

Artilium PLC

11 April 2018

11 April 2018

Artilium plc

("Artilium" or the "Company")

Artilium and Pareteum add expanded Messaging Services to their Strategic Alliance Agreement

Pareteum Global Cloud will integrate the Artilium messaging portfolio

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it has signed an additional agreement with Pareteum Corporation (NYSE: TEUM) ("Pareteum") to integrate the Interactive Digital Media GmbH ("IDM", a subsidiary of Artilium) messaging platform, which will increase the global reach of the Pareteum Global Cloud products.

Under the terms of the agreement, IDM's messaging platform will be integrated into Pareteum's Global Mobility Cloud Platform which will give Pareteum customers immediate access to more advanced messaging capabilities and in more countries. IDM's messaging gateway coverage ensures access to more than 1000 GSM and CDMA networks in over 200 countries. In addition to the service reach, the IDM messaging platform will allow the Pareteum Global Cloud to provide Enterprises, Application Developers and Mobile Service providers with inbound, outbound and Bulk Messaging Services, enabling worldwide SMS transmission. Adding this functionality to Pareteum's Global Cloud, accessed through APIs (Application Programming Interfaces), creates one of the largest messaging hubs in the world. Pareteum's HLR-as-a-Service will also benefit from this additional connectivity.

Commenting on the agreement, Bart Weijermars, CEO of Artilium, said: "IDM helps enterprises to better serve their customers and digitize their business processes. In addition, mobile operators can fully monetize their subscribers and network assets. Our integration into Pareteum's innovative and flexible services platform will allow IOT players, Mobile Operators, MVNO's and Enterprises to quickly build and deliver these extended service offerings."

-Ends-

For further information please contact:

 
  Artilium PLC                           [phone] 
 Bart Weijermars - Chief Executive 
  Officer 
 
 finnCap Ltd 
  Jonny Franklin-Adams / Scott 
  Mathieson (corporate finance)          [phone] 
  Camille Gochez (corporate broking)      0500 
                                         [phone] 
 Buchanan                                 5000 
 Chris Lane / Jamie Hooper / 
  Catriona Flint 
 

About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses.

ARTA(R) is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA(R) value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to about 1.5 million end users every day.

Artilium's "Pay-As-You-Grow" model allows us to scale our solutions to the exact needs of our customers. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform As A Service), yielding ARTA's scalability, flexibility and proven stability.

Artilium PLC is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA).

Forward Looking Statements

This report contains certain "forward looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. When used in this report, the words "anticipate", "believe", "estimate", "expect", and "intend" and words or phrases of similar import, as they relate to the Company or its subsidiaries or Company management, are intended to identify forward-looking statements. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, customer relations, relationships with vendors, borrowing arrangements, interest rates, foreign exchange rates, litigation, governmental regulation and supervision, seasonality, product introductions and acceptance, technological change, changes in industry practices, one-time events and other factors described herein and in other announcements made by the Company. Based upon changing conditions, should any one or more of these risks or uncertainties materialise, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. The Company does not intend to update these forward-looking statements.

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRGGUPWCUPRGPG

(END) Dow Jones Newswires

April 11, 2018 09:00 ET (13:00 GMT)