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RIB Software AG: Another major order signed for iTWO 5D Business Suite - total order value of 'iTWO 5D Business Suite' contracts signed yesterday and today rising to 5.0 million USD (3.6 million EUR)

Back14.09.2011
RIB Software AG  / Key word(s): Miscellaneous

14.09.2011 16:43

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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RIB Software AG: Another major order signed for iTWO 5D Business Suite -
total order value of 'iTWO 5D Business Suite' contracts signed yesterday
and today rising to 5.0 million USD (3.6 million EUR)

Stuttgart, 14 September 2011. RIB Software AG has today concluded a major
order, delayed from the second quarter, for 'iTWO 5D Business Suite'
software licences amounting to 2.68 million USD (1.95 million EUR) with one
of Europe's leading construction groups. That puts the total value of 'iTWO
5D Business Suite' contracts signed yesterday and today up to 5.0 million
USD (3.6 million EUR). It is our intention to deliver the software licences
and have the revenue on the balance sheet before the end of financial year
2011.

###

RIB Software AG is an innovative international software company that
develops and sells integrated project management software solutions for the
construction industry. In October 2009, the company launched the German
version of its flagship product RIB iTWO(R) business suite, its new
software solution for digital construction, enabling virtual planning
combined with cost and time control and simulation of manufacturing and
maintenance processes. In 2010, it launched the English version and the
Chinese version. RIB iTWO(R) business suite has been developed in research
centres in Stuttgart and China. The company is continuing to invest in
promising future technologies such as cloud computing which involve open
platforms for e-commerce and services as well as price and product
databases.

Contact:
Verena Mikeleit 
Tel.: +49 (0)711-7873 369 
Fax: +49 (0)711-7873 88369 
E-Mail: press[at]rib-software.com 


14.09.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
              Germany
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-311
E-mail:       info@rib-software.com
Internet:     www.rib-software.com
ISIN:         DE000A0Z2XN6
WKN:          A0Z2XN
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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