RIB Software AG: large order for iTWO 5D Business Suite in Asia

RIB Software AG  / Key word(s): Miscellaneous

14.09.2011 07:30

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RIB Software AG: large order for iTWO 5D Business Suite in Asia

RIB Software AG is pleased to announce that on 13.09.2011 an agreement on
an enterprise licence for iTWO 5D Business Suite was signed with Sunway
Construction Sdn Bhd, Malaysia. The overall order value for licences,
services and maintenance is 2.27 million US dollars. As planned according
to the agreement, software licences worth USD 1.5 million will be delivered
and settled with an effect on the operating result yet in financial year


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

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

14.09.2011 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-311
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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