Artilium PLC Additional Agreement with Pareteum Corporation (6047K)
April 11 2018 - 8:00AM
UK Regulatory
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 +32 (0) 5023 0300
Bart Weijermars - Chief Executive
Officer
finnCap Ltd
Jonny Franklin-Adams / Scott
Mathieson (corporate finance) +44 (0) 207 220
Camille Gochez (corporate broking) 0500
+44 (0) 207 466
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
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April 11, 2018 09:00 ET (13:00 GMT)
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