DGAP-News

RIB Software AG (RSTA) signs a Phase II Deal (Nr. 7/2016) with Soil-Build Group in Singapore to use its first global full integrated iTWO 5D smart production Technology

DGAP-News: RIB Software AG / Key word(s): Contract
RIB Software AG (RSTA) signs a Phase II Deal (Nr. 7/2016) with Soil-Build
Group in Singapore to use its first global full integrated iTWO 5D smart
production Technology

27.05.2016 / 16:04
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

27-05-2016

RIB Software AG (RSTA) signs a Phase II Deal (Nr. 7/2016) with Soil-Build
Group in Singapore to use its first global full integrated iTWO 5D smart
production Technology

Singapore, 27 May 2016. RIB Software AG, the world's leading construction
5D Big Data enterprise project delivery solution provider for the
construction industry, announced today they have concluded a Phase II
Agreement (Nr. 7/2016) with Soil-Build Group in Singapore. To industrialize
the production process there it is important to have integrated planning,
production and an automation solution for their concrete prefabrication
factory. This is why Soil Build decided for RIB iTWO smart production - the
intergrated platform for the "design to manufacture" which is consequently
the next step of the digitalisation and industrialization of the
construction industry- combining the virtual planning and Engineering with
physical production through a full integrated end to end Software.

Mr. Robert Neubauer, Managing Director of RIB SAA, stated that: "We are
delighted to have innovative clients such as Soil-Build as technology
partners with the vision to recognize that the use of the RIB iTWO 5D smart
production platform will greatly enable them to improve their productivity,
reduce costs, time and risk and also improve profitability. Delivering the
iTWO platform for making the "design to production" real, is a tremendous
step for us and our clients. We are very proud in supporting leading South
East Asia construction companies to run their business through an
integrated end-to-end Software platform iTWO smart production from design
and engineering to manufacturing".

The 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.


---------------------------------------------------------------------------

27.05.2016 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.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: RIB Software AG
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX


End of News DGAP News Service
---------------------------------------------------------------------------

467197 27.05.2016