TeamViewer to launch with local management team in China

SHANGHAI,March 21,2019 -- TeamViewer,the world's number 1 provider of remote connectivity solutions announced today that it has opened its first on-the-ground presence in China. The leading global software provider for remote access and control,IoT,monitoring,support and team collaboration from Germany has set up in Shanghai with a local team to pursue its internationalization and further grow its presence in this key market.

From the left: CMO Gautam Goswami,VP China David Fung and CEO Oliver Steil

Speaking to the media in Shanghai,TeamViewer's Global CEO Oliver Steil underscored the company's long-term ambitions in the Chinese market and said: "China is a primary focus in our global strategy and we are highly committed to operating and expanding here. We are excited about the opening of TeamViewer's first Chinese office. This way we can serve our already existing loyal Chinese customer base in this digital-savvy market in the best possible way."

TeamViewer offers a technology that enables businesses to digitalize their business processes. This applies to supporting and collaborating,remotely controlling and monitoring IoT environments and endpoints and working anywhere,any time-- sector agnostic. Gautam Goswami,CMO of TeamViewer,said at the press conference: "With TeamViewer,enterprises can jump onto the transformative megatrends of our time and into the digital future. Our remote connectivity solutions arecost effective,scalable and simple to use-- a perfect match for Chinese organizations of all sizes."

In a country that lives a digital lifestyle like no other on the globe,TeamViewer products can be used across all industries-- including education and science,farming and agriculture,healthcare,e-commerce and tech. Through remote connectivity,TeamViewer's users can shape new work-styles,increase efficiency and drive business innovations.

The staff in the new Shanghai office will work across various sales and support functions and will ensure that Chinese clients receive the best support at all times. The team is led by David Fung,Vice President China,who said: "China is a global technology innovation hub. We see an increasing demand for remote software technology and IoT solutions and already serve China 500 enterprises,small & medium enterprises and individual customers in China. So far,TeamViewer has been installed 140 million times on devices in China. In the future,we would like to accelerate our growth further and want to achieve 150 percent business growth year-on-year. We have already worked with companies across various sectors,such as insurances,retailers,healthcare companies as well as energy,telecoms and e-commerce enterprises."

TeamViewer has been installed on more than 1.8 billion devices globally,which represent the large and valuable free user base. It is used in nearly all countries worldwide. The company has demonstrated impressive growth in Asia in the past years,with already established operations in Japan,India,Singapore and Australia. Oliver Steil said: "The Shanghai office is a significant milestone for TeamViewer. The strategic move will further fuel our market growth globally as a leading technology company."

About TeamViewer

As a leading global provider of remote connectivity solutions,TeamViewer empowers users to connect anything,anywhere,anytime. The company offers secure remote access,support,control and collaboration capabilities for online endpoints of any kind. By innovating with cutting-edge yet easy-to-deploy Augmented Reality (AR) and Internet of Things (IoT) implementations,the company enables businesses of all sizes to tap into their full digital potential. TeamViewer has been activated on more than 1.8 billion devices; more than 40 million devices are online at any time. Founded in 2005,the company employs about 800 people in offices across Europe,the United States and Asia Pacific. For more information,go to www.teamviewer.com.

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