Strong Growth Drives Global PTM’s Expansansion

News Release

For Immediate use

Strong Business Growth in Asia Drives Global PTM’s Expansion into ANZ

Brisbane Australia, October 15 2009: Global PTM (www.globalptm.com), a leading provider of Enterprise Asset Management (EAM) and Business Process Automation (BPA) business solutions, today announced its expansion into the Australia/New Zealand (ANZ) market to support its rapidly growing business in the Asia Pacific (APAC) region. Seasoned EAM expert Peter Wirth has been appointed as Director of Sales – ANZ.

Commenting on the company’s growth, Stuart MacDonald Managing Director APAC said, “EAM and BPA have become a strategic choice for organisations under strong pressure to maximise their returns from both tangible and intangible assets. Global PTM’s success is derived from our productive partnerships and customer-focused business model. As a result, our business in this region has doubled annually since we set up APAC operations in Singapore in 2006. I am confident Global PTM’s ANZ presence, leveraging Peter’s extensive industry experience of over 25 years, will further strengthen our regional capabilities and commitment to our clients.”

Global PTM is involved in some of the largest EAM deployments in the region, with customers representing industries ranging from integrated resorts and banking to power generation, oil and gas, and water and wastewater management. The company is currently implementing solutions for integrated resorts in Singapore and top power generation companies in Southeast Asia, in addition to servicing major banks in Malaysia, the Philippines, Singapore and Thailand.

One of Global PTM’s longstanding customers in this region is Daniel Song, IT Director, Alcoa Asia Pacific, who expressed his support for the company’s expansion within Asia Pacific. "Global PTM has been our Enterprise Asset Management solution partner for many years now. The team understands our business requirements and has maintained a high level of customer engagement and satisfaction through this time. We are very excited with the entry into new markets that map our reach, and look forward to plans to more regional support and a strong relationship between the local teams,” said Mr. Song.

As a key global partner for the delivery of IBM’s Tivoli solutions, Global PTM’s entry into ANZ presents new opportunities for both companies. Rod Duce, Tivoli Maximo Manager, IBM Tivoli Asia Pacific, said, “We are extremely pleased about our partnership with Global PTM in the region and look forward to continuing the momentum in the Australian and New Zealand market, especially as the economy returns to growth. With strong local leadership in place, Global PTM has demonstrated its commitment to making this a successful venture."

Brisbane-based Peter Wirth is very optimistic about the future of the ANZ business, adding “Recent studies estimate the EAM applications market in Australia will be worth close to US$29 million this year. I am excited about being able to combine IBM’s global product leadership with Global PTM’s expertise to address the opportunities this market presents.”

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