Elephant Talk Communications Corp. (NYSE MKT: ETAK) has changed its name to Pareteum Corporation and appointed Vic Bozzo as Chief Executive Officer, both effective November 1, 2016, the company said.
As part of the name change, the company will trade under the new Ticker “TEUM” on the NYSE MKT. The change to the Company´s ticker symbol will be effective at the start of trading on Thursday, November 3, 2016.
The Company´s website (www.elephanttalk.com) has changed to www.pareteum.com and the Company´s email addresses will also change accordingly.
These actions, along with the recent sale of its cybersecurity unit, ValidSoft, mark the end of a successful 12-month restructuring effort for the Company.
Pareteum is based on the terms Pareto and Team. Executive management feel principles of both words are imbued in the Company´s everyday strategy and tactics.
Pareteum and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities for the global Mobile, MVNO, Enterprise and IoT markets.