![](\"https:\/\/mms.businesswire.com\/media\/20260623669736\/en\/2837014\/5\/ISOPLUS_PR_Header.jpg\")
<\/a><\/a>\nFollowing the success of Navan\u2019s partnership with the wider Viessmann Generations Group<\/a>, ISOPLUS has chosen to consolidate its travel and expense operations with Navan \u2013 moving away from significant unmanaged travel and expense.<\/p> \n\u201cNavan automates that tedious work and gives us the real-time financial control we need to run a tighter, more efficient business,\u201d said Dirk Seibert, Head of Group Legal & HR, and Chief Compliance Officer, ISOPLUS. \u201cWe\u2019re looking forward to introducing the technology at ISOPLUS, and giving more employees an easier experience and more compliant process for booking travel and managing expenses.\u201d<\/p> \nPreviously, a lack of proactive policy control meant that ISOPLUS had an estimated 25% of travel booked outside of its system, leading to uncontrolled overspend. Additionally, the finance team was processing approximately 6,000 expense reports per year, with a lack of control and high manual effort. By deploying Navan, ISOPLUS anticipates a 10% cost reduction in travel spend by establishing smarter automated workflows.<\/p> \n\u201cWhen a business is pushing for serious, long-term growth, they need to be out in the world meeting clients and building new business relationships,\u201d said Zahir Abdelouhab, SVP, Enterprise Sales, Navan. \u201cThe last thing it needs is a slow and fragmented travel and expense solution. We\u2019re thrilled to help bring the Navan experience to ISOPLUS employees.\u201d<\/p> \nAbout Navan<\/b><\/p> \nNavan<\/a> (NASDAQ: NAVN) is the global AI-powered business travel<\/a> and expense<\/a> platform that makes travel easy for travelers. From finding flights and hotels, to automating expense reconciliation, with 24\/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit<\/a> and learn more at navan.com<\/a>.<\/p> \nAbout ISOPLUS<\/b><\/p> \nThe ISOPLUS Group<\/a>, headquartered in Rosenheim, Bavaria, is the leading European manufacturer of pre-insulated pipe systems, primarily for local and district heating supply and has been supplying numerous customers with innovative and sustainable energy solutions for over 35 years. With around 1,600 employees and 10 certified production sites, the group of companies is represented in over 30 countries. ISOPLUS serves its broadly diversified customer base, consisting of local utilities, municipalities and contractors, through a direct sales model with a broad portfolio of products and services. For more information, please visit www.isoplus.group<\/a>.<\/p> \nForward-Looking Statements<\/b><\/p> \nAll statements in this press release other than statements of historical fact could be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cwill,\u201d or similar expressions. Such statements are subject to risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. These risks and other factors include the risks described under the caption \u201cRisk Factors\u201d in Navan\u2019s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (\u201cSEC\u201d) on June 11, 2026, as they may be updated by Navan\u2019s subsequent filings with the SEC. Except as required by law, Navan undertakes no obligation, and does not intend, to update these forward-looking statements.<\/p>