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RIB Software AG (RIB) signs a Phase II iTWO contract with a mid-sized Danish General Contractor

Back28.01.2016

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

2016-01-28 / 12:14
The issuer is solely responsible for the content of this announcement.


28-01-2016

RIB Software AG (RIB) signs a Phase II iTWO contract with a mid-sized Danish General Contractor

Copenhagen, Denmark, 28 January 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a phase II deal with the mid-sized Danish contractor KPC.

The client is one of the fastest growing builders in Scandinavia. The company applied RIB project management solutions with great success in projects for many years. The RIB enterprise solution will now be the base of their daily work in the collaboration processes, with a target of better operations and execution, better projects and more value through the value chain.

"New Thinking, New Technology and New Working Methods are rapidly changing the construction industry in the Nordic region. I am proud to see how iTWO technology and know-how transform the value chain and disrupt the autonomous traditional working methods" said Mads Bording, CEO of RIB A/S.

"We are very happy to see how our team in the Nordic and the clients in the market take active part in the transformation of the construction industry from a traditional to an advanced industry", said Michael Sauer, CFO and executive board member of RIB Group.

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.



2016-01-28 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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