REG - Pennant Int. Group - Global Partner Appointed & Auxilium Presentation

Pennant InternationalAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250714:nRSN8959Qa&default-theme=true

RNS Number : 8959Q  Pennant International Group PLC  14 July 2025

 

FOR IMMEDIATE RELEASE
                                                      14
July 2025

 

 

PENNANT INTERNATIONAL GROUP PLC

("Pennant", the "Company", the "Group")

 

Global Partner Appointed

& Auxilium Investor Presentation

 

Pennant International Group plc (AIM:PEN), the systems support software and
training solutions company, provides an update on the progression of its 'go
to market' strategy for the Auxilium suite (GenS, Analyzer and R4i).

 

Global Partner Appointed

 

The Group is pleased to report that it has entered into an agreement with
Siemens Digital Industries Software under which Siemens will be a global OEM
partner leveraging the Group's GenS technology to expand its Teamcenter
Service Lifecycle Management software solutions. Pursuant to the agreement,
Siemens is licensed to distribute GenS as part of Teamcenter.

 

Agents and Partners

 

Furthermore, the Group has appointed Win-Tek and Eva Aviation as sales
representatives for Auxilium in South Korea and Japan respectively which are
new territories for Pennant. The negotiation of further potential appointments
is continuing, including prospective agents in India.

 

The Group has also entered into a collaboration agreement with German software
firm, Warp IT (the OEM of a specialist application relevant to defence data
standards), to explore product integration and other opportunities, with a
view to bringing together two leading software solutions to offer a combined,
enhanced integrated product support solution. Work is already underway, and
Pennant and Warp IT anticipate making joint proposal(s) to meet known customer
requirements later this year.

 

All of the above agreements (including the Siemens agreement) have been
entered into on a non-exclusive basis allowing Pennant to continue to sell its
software both directly and indirectly in any territory.

 

Phil Walker, Group CEO, commented: "I'm pleased to announce significant
progress with the execution of our 'go-to-market' strategy for Auxilium.  We
are excited to be actively working with our new partners, with each
appointment providing opportunities to access new markets and territories, and
we look forward to providing updates as the partnerships progress."

 

Auxilium Investor Presentation

 

Full integration of the Analyzer toolset and the GenS integrated database was
achieved with the March 2025 launch of the latest major Auxilium release.
Development work continues to provide regular, incremental updates and
improvements to the suite.

Management will hold an online investor presentation at 3:00pm (BST) on
Thursday 31 July 2025 hosted by Phil Walker, Chief Executive Officer, and
James St. George, Chief Product Officer, who will provide a detailed briefing
on the Auxilium suite and its product road map, and answer investors'
questions.

 

The presentation will be delivered through the digital platform Investor Meet
Company. Investors can sign up to Investor Meet Company and add to meet
Pennant via the following
link https://www.investormeetcompany.com/pennant-international-group-plc/register-investor
(https://www.investormeetcompany.com/pennant-international-group-plc/register-investor)
.

 

For those investors who have already registered and added to meet the Company,
they will automatically be invited.

 

Questions can be submitted pre-event to Pennant@walbrookpr.com
(mailto:Pennant@walbrookpr.com)  or in real time during the presentation via
the "Ask a Question" function.

 

Enquiries:

 

 Pennant International Group plc                                       www.pennantplc.com (http://www.pennantplc.com/)
 David Clements, Company Secretary                                     +44 (0) 1452 714 914

 Zeus (Nomad)                                                           www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)

 Mike Coe / Darshan Patel (Investment Banking)                         +44 (0) 203 829 5000 (tel:+44%20203%20829%205000)

 Cavendish Capital Markets Limited (Broker)                            www.cavendish.com (http://www.cavendish.com/)
 Ben Jeynes / Callum Davidson / George Lawson (Corporate Finance)      +44 (0) 207 220 0500
 Michael Johnson / Dale Bellis / Sunila de Silva (Sales and Corporate
 Broking)

 Walbrook PR (Financial PR)                                            pennant@walbrookpr.com (mailto:pennant@walbrookpr.com)
 Tom Cooper                                                            +44 (0)20 7933 8780

 Joe Walker                                                            Mob: +44 (0)7407 020 470

 

Notes to editors:

Pennant International Group plc (AIM: PEN) is a technology driven, leading
global provider of system support software and services, technical services,
and training solutions. It supports its global customer base in the design,
development, operation, maintenance, and training of complex assets, to
maximise operational and maintenance efficiency.

 

Its key markets include Aerospace, Defence and Rail, and adjacent
safety-critical markets such as Shipping, Nuclear and Space.

 

 The Group addresses the market through three key business segments:

 

•               Software: a key generator of recurring revenues
through the provision of a suite of software tools designed to help clients:
manage and use complex data; ensure equipment availability at optimal cost;
and comply with industry standards.  Its Integrated Product Support (IPS) and
Integrated Logistics Support (ILS) software and services equips customers with
powerful market-leading toolsets to manage, model and utilise complex
equipment data.

 

•               Technical Services: drives repeatable revenues
through expert support for users of Pennant and third-party solutions
including consultancy, support and maintenance, training and bespoke
development.

 

•               Training Systems: project-based revenues
relating to the design and build of hardware, software and virtual training
solutions for maintainers and operators of aircraft, ships and land systems.

 

Pennant is strategically focused on sustainable recurring and repeatable
revenues and profitability growth, shifting its model towards high margin
software and services. Against a climate of rising defence budgets and the
burgeoning technological complexity of military, aviation and rail platforms,
the demand for these solutions is expected to grow substantially.

 

Headquartered in Cheltenham, UK, the Group operates worldwide, with offices in
Europe, North America and Asia-Pacific, serving markets with high barriers to
entry often in regulated industries.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCBCGDRIGBDGUX