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RIB Software AG (RSTA) signs a phase II iTWO contract (no. 23 / 2015) with KEMNA BAU

Back18.12.2015

DGAP-News: RIB Software AG / Key word(s): Contract

2015-12-18 / 09:14
The issuer is solely responsible for the content of this announcement.


18.12.2015

RIB Software AG (RSTA) signs a phase II iTWO contract (no. 23 / 2015) with KEMNA BAU

Stuttgart, Germany, 18 December, 2015. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the 23rd iTWO phase II contract of the planned 25 in the current financial year 2015 (financial year 2014: 14). In doing so, KEMNA BAU, another German family-owned company specializing on traffic route construction, decides on using the consistent iTWO company solution.

KEMNA Group was established in 1867 in Breslau and now concentrates on the core competences of raw material production, asphalt production and traffic route construction. The company operates all over Germany and employs around 1,400 members of staff with an annual revenue of around EUR 417 million (2014). Introducing model-based working methods with the iTWO 5D platform KEMNA will increase competitiveness by a more efficient and transparent planning and management of projects in future.

Michael Sauer, member of the executive board of RIB Software AG, commented: "We are very happy to welcome KEMNA BAU, another long-term customer and German mid-size construction company to our iTWO community. This phase II contract confirms the outstanding collaboration within the last years and is a proof of the quality of RIB technology."

About RIB Group
RIB Software AG is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 700 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.



2015-12-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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