DGAP-News

RIB Software AG (RIB) signs a Phase-II-contract (No. 27 / 2016) with Franz Oberndorfer GmbH & Co KG, the leading precast parts company in Austria

DGAP-News: RIB Software AG / Key word(s): Agreement
RIB Software AG (RIB) signs a Phase-II-contract (No. 27 / 2016) with Franz
Oberndorfer GmbH & Co KG, the leading precast parts company in Austria

13.10.2016 / 09:44
The issuer is solely responsible for the content of this announcement.

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

13-October-2016

RIB Software AG (RIB) signs a Phase-II-contract (No. 27 / 2016) with Franz
Oberndorfer GmbH & Co KG, the leading precast parts company in Austria

Stuttgart, Germany, 13 October 2016. RIB Software AG, the world's leading
provider of iTWO 5D BIM Big Data technology, today announced the conclusion
of a Phase-II-deal with Franz Oberndorfer GmbH & Co KG.

The company with its headquarters in Gunskirchen will use the iTWO 4.0
platform in order to control the entire process from the virtual planning
to production holistically.

Marcus Loerz, executive board member of RIB Information Technologies AG
comments the arrangement as follows: "We are delighted with technology
partners who recognize visionary that the RIB iTWO 4.0 technology enables
them to enhance their productivity as well as reduce costs and improve the
profitability. "Design to Manufacture" is a logical development step for
digitization and industrialization of the building industry, with which the
virtual planning and engineering with the physical production is seamlessly
connected."

Dr. Christian Hanser, Managing Director of RIB SAA Software Engineering
GmbH underlines the benefits of the cooperation: "Oberndorfer is the
world's first customer of the RIB in the field of precast industry, which
will use the iTWO 4.0 platform from model-based design to highly automated
production and logistics consistent and integrated - Another milestone for
both companies and a flagship project for the concept of "Smart
Production"."

With more than 100 years of experience, high technical expertise and
continuous innovation, Oberndorfer is the leading precast parts company in
Austria. Oberndorfer is represented in Austria as well as in several
countries abroad. The company is characterized by the excellent quality of
their overall solutions with which Oberndorfer has established itself as a
competent and efficient partner in the Austrian construction industry.

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.


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

13.10.2016 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, Tradegate Exchange


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

511331 13.10.2016