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20.02.2018  

Exactal Group Limited, a 100% subsidiary of RIB Software SE (RIB), signs a Phase-II-contract (No. 02 / 2018) for the delivery of the CostX solution

Stuttgart, Germany, 20 February 2018. RIB, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the second Phase-II-contract of the current fiscal year concluded through its newly acquired subsidiary, Exactal Group Limited. The customer, who has their headquarters in the UK, awarded the contract to Exactal based on CostX’s world leading integration between take off and estimating entirely replacing their incumbent system.

Murray Freeman, CEO of Exactal Group Limited, comments: “Exactal has been growing its presence in Europe significantly over the last few years. This new contract is just another example of the number of customers that are leaving their old-fashioned estimating systems behind in favour of the new generation CostX software from Exactal.” Mr. Freeman then adds: “Exactal will continue to grow its market presence in Europe and the rest of the world with the additional stability provided now as an important part of the RIB Group.”

About Exactal Group Limited
Established in Brisbane, Australia in 2003 to develop software specifically for the quantity surveying and estimating market, Exactal has continued to expand its worldwide presence and is now a 100% subsidiary of RIB Software SE. It has offices in Brisbane & Melbourne in Australia, London & Manchester in the UK, Auckland in New Zealand, Austin in the USA, Kuala Lumpur in Malaysia, Singapore and Hong Kong. The company also has sales and channel partner support across much of the globe. The main product CostX® provides an integrated BIM and 2D on-screen measurement solution with a unique integration between the cost estimates and the elements on the drawing files that the estimate represents. This approach keeps estimates up to date and allows drawing revisions to be easily evaluated to eliminate traditional scope creep in construction projects.

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