Pennant International Group plc (AIM: PEN), the systems support software and training solutions company, is pleased to announce it has secured a new contract for the latest release of its Auxilium software suite with a major global shipbuilding organisation.
Phil Walker, CEO of Pennant International Group plc, commented: “Securing this contract with a major international shipbuilder is an important milestone for Pennant and a further endorsement of the capability and value of the Auxilium platform. Not only does this agreement strengthen our position within the maritime and naval sectors, it also adds high-quality recurring revenue and expands our presence in the strategically important Asia-Pacific region. We look forward to supporting the customer throughout this significant programme and building a long-term partnership.”