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RIB Software AG (RIB) signs a Phase II iTWO contract (No. 3 / 2016) with a worldwide leading technology company

Back16.02.2016

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

2016-02-16 / 09:37
The issuer is solely responsible for the content of this announcement.


16-02-2016

RIB Software AG (RIB) signs a Phase II iTWO contract (No. 3 / 2016) with a worldwide leading technology company

Stuttgart, Germany, 16 February 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the award a Phase II iTWO 5D Deal with one of the world's leading European technology companies. The contract which has a volume of around EUR 1.8 million affects one business unit of the company and serves as an example of best practice for a possible company-wide implementation.

The European-based technology company acts worldwide and takes a leading role in systems for power generation and medical engineering with special attention being paid to the digitization and automation of various fields.

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.



2016-02-16 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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