Pareteum Corp (NYSE American:TEUM) has engaged Ali Davachi as company’s Chief Operating Officer and Chief Technology Officer. Davachi has hands-on experience of 20 years with all aspects of complex technology architecture and supply, working in verticals such as finance, telecom, healthcare, and consumer services and products, for some of the leading firms in the world in these segments.
Hal Turner, the Principal Executive Officer and Executive Chairman of Pareteum, expressed that they welcome Davachi aboard and are thrilled to have technology personnel who has worked with the leading credit card firm and the largest insurance firm in the world join their team. His unique entrepreneurial strategy to executive management fits their culture at company.
As they very rapidly finalize multi-year deals in the MVNO, API and IoT enablement segments with new clients, they are committed to offering exceptional operational performance and implementation. Davachi is the right person to run scaling their technology infrastructure and objective to meet company’s growth requirements.
Vic Bozzo, the CEO of Pareteum, reported that Davachi has offered unique solutions in such an extensive spectrum of networking and software settings, and as mobility grows into a plug-in to other applications, they required a brilliant mind to view the many ways their services and technology could be used. His ability to consider tactical and strategic measures from multiple commercial and technical viewpoints enables him to see prospects and implement with a new client for maximum impact. Davachi’s extensive experience makes him exceptionally qualified to manage and build the teams needed to execute the vision for company.
Davachi expressed that he is honored and thrilled to associate with the Pareteum team. The company has a remarkable prospect in the market to become the major provider firm of cloud-based mobile services. Its services and products are unique and offer turn-key value, making the firm extremely competitive in the market.