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RIB Software AG (RIB) signs a Phase II contract (No. 4 / 2016) with one of the leading construction companies in Switzerland

Back12.04.2016

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

2016-04-12 / 10:02
The issuer is solely responsible for the content of this announcement.


12-04-2016

RIB Software AG (RIB) signs a Phase II contract (No. 4 / 2016) with one of the leading construction companies in Switzerland

Stuttgart, Germany, 12 April 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the award of the 4th Phase II Deal in the current financial year 2016 (2015: 25 Phase II deals). The contract worth more than EUR 1.5 million was signed with one of the top 10 construction companies in Switzerland. The company decided on using the RIB enterprise solution to plan and run construction oriented processes in the future.

Michael Sauer, Member of the Executive Board of RIB Group comments: "We are very pleased that one of the leading Swiss construction companies decided on the RIB solution. We were therefore able to win an important new business partner and strengthen our leading position."

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.



2016-04-12 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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