DGAP-News: RIB Software AG

DGAP-News: RIB Software AG (RIB) signs a Phase-II-contract (No. 28 / 2016) with the largest municipality in Denmark

DGAP-News: RIB Software AG / Key word(s): Agreement RIB Software AG (RIB) signs a Phase-II-contract (No. 28 / 2016) with the largest municipality in Denmark

10.11.2016 / 09:00 The issuer is solely responsible for the content of this announcement.

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10-November-2016

RIB Software AG (RIB) signs a Phase-II-contract (No. 28 / 2016) with the largest municipality in Denmark

Copenhagen, Denmark, 10 November 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-deal with the municipality of Copenhagen in Denmark. RIB Software has been announced as the winner of this competitive EU tendering process based on quality of solution, costs as well as service and implementation.

The client is the largest municipality in Denmark and will apply the product suite of RIB Software AG for infrastructure as well as build and service of the Municipalities' assets. The municipality already applied RIB Software with great success for several years. The RIB enterprise solution will now be the base of their daily work across all entities in the municipality.

"New Thinking, New Technology and New Working Methods are rapidly changing the construction industry in the Nordic region. I am proud to see how iTWO technology and the specific skills and competences from our team has supported the client in the last years, leading into a further extension of a great relationship. We believe in having the strongest technology in the market, but still our people and their capabilities are of tremendous importance in unlocking the potential and they have done a great job together with the client", explains Mads Bording, CEO of RIB Nordics.

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.

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10.11.2016 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.

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Language: English Company: RIB Software AG Vaihinger Str. 151 70567 Stuttgart Germany Phone: +49 (0)711-7873-0 Fax: +49 (0)711-7873-311 E-mail: info@rib-software.com 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 ---------------------------------------------------------------------------

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