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Global Partner Appointed & Auxilium Presentation

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Pennant appoints Siemens as global OEM partner for GenS technology and regional sales representatives for Auxilium.

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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.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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