09-01-2015

RIB Software AG (RSTA) signs a phase II contract with the Max Bögl Group, Neumarkt, for new web-based iTWO components

Stuttgart, Germany, 09 January 2015. RIB Software AG and the Max Bögl Group, the largest family-owned construction firm and one of the top five companies in the German Construction Industry, have signed a Phase II contract for the new web-based iTWO components. This complements the existing iTWO 5D Big Data platform. With this, Max Bögl will use all iTWO components for efficient 5D/6D processes: iTWO tx for the web-based allocation of contracts, iTWO MM for web-based purchasing, iTWO civil for 5D processing of infrastructure projects and web-based iTWO controlling.

Mathias A. Bartl, Head of Technical Organisation, Corporate Development of Max Bögl Group, stresses: "At Max Bögl it is an integral part of our corporate philosophy that we always want to work with the best tools. RIB software has been a central component of construction project management for 10 years now: from the bidding phase, to contract and execution through to subsequent costing. Our goal is to establish Building Information Management (BIM) working methods as consistently as possible throughout the company, with iTWO Big Data being the central platform. All other software applications, whether in CAD, in construction operations planning or in ERP, dock to this central component, and this is how we permanently synchronise our IT tools."

Michael Sauer, CFO of RIB Software AG states: "We are happy that we are able continue our long-standing collaboration with the Max Bögl Group. With the new iTWO components, Max Bögl is optimising its processes to remain a leader in the new 5D processes and to further increase efficiency. It is the new iTWO civil component that enables digital terrain models (civil engineering, road construction etc.) with structural engineering models to be consolidated into one 5D model worldwide for the first time."

About Max Bögl
Founded by Max Bögl in 1929, the Group - which is headquartered in Neumarkt, Germany - can look back on more than 80 years of success. With annual sales of around 1.6 billion euros and 6,000 highly qualified staff worldwide, Max Bögl is one of the top five largest construction firms in Germany. Managed by the third generation of the family, the Group is also Germany's largest construction enterprise in private hands. Without losing sight of its core expertise of traditional construction, the Max Bögl Group, as a trustworthy, effective partner, reliably implements tailored individual solutions as well as complex comprehensive solutions from a single source - from planning and finance to execution right through to the operation.

See www.max-boegl.de for further information.

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.