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PRESS RELEASE: RIB Software SE (RIB), signed a Phase II agreement (No. 22 / 2019) with a leading international manufacturing company.

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DGAP-News: RIB Software SE / Key word(s): Contract
RIB Software SE (RIB), signed a Phase II agreement (No. 22 / 2019) with a
leading international manufacturing company.

2019-10-02 / 13:55
The issuer is solely responsible for the content of this announcement.


*RIB Software SE (RIB), signed a Phase II agreement (No. 22 / 2019) with a
leading international manufacturing company.*

Stuttgart, Germany, 2nd October 2019. RIB, the world's leading provider of
5D BIM Big Data technology for the construction industry, today announced
the conclusion of the Phase-II-contract of the current fiscal year made
through the PLM Division of its A2K Group. The customer based in Australia
and the USA, is a leader in its field in the Manufacturing industry.

Continued Digitalization and capability to manage complex product
variability with integration to ERP and sales systems of the customers
business, was a core requirement for winning this project. Paul Laycock,
Global CEO A2K Group, commented "Globalisation of the manufacturing industry
continues to grow at a rapid pace, along with increasing product complexity.
This is driving our customers to improve their products through better
collaboration and advanced manufacturing methodologies". Mr Laycock added
"This is another great step in the A2K Group supporting our customers with
their transition to Digitalization and Industry 4.0."

*About A2K Group*

Founded in Australia, A2K Group is a global company with interests and
partners around the world. In September 2018, A2K Group merged with RIB
Group, the world's leading provider of iTWO 5D BIM Cloud Enterprise platform
technology for the construction, building and infrastructure industries.
This partnership will ensure the delivery of new technologies and help
modernize the future of the Australian-New Zealand construction and
manufacturing industry and ensure its global competitiveness.

Great cities and nations are defined by the vision of architects, engineers,
planners, designers and builders. Our vision is to inspire best practice by
guiding the development and use of technology. The A2K Group has helped
thousands of companies and government agencies involved in the architecture,
engineering, construction, infrastructure and manufacturing sectors, reach
their full potential by delivering industry leading solutions and consulting

*About RIB Group*

RIB Software SE is an innovator in building and construction industry. The
company creates, develops and offers cutting-edge digital technologies for
construction enterprises and projects across various industries worldwide.
iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first
enterprise cloud technology based on 5D BIM with AI integration for
construction companies, industrial companies, developers and project owners,
etc. With over 50 years of experiences in construction industry, RIB
Software SE focuses on IT and engineering and becomes the pioneer in
construction innovation, exploring and brining in new thinking, new working
methods and new technologies to enhance construction productivity. RIB is
headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the
prime standard Frankfurt Stock Exchange since 2011. With over 1,400 talents
in more than 30 locations worldwide, RIB is targeting to transform the
construction industry into the most advanced and digitalized industry in the
21st century.

2019-10-02 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 SE
Vaihinger Str. 151
70567 Stuttgart
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: info@rib-software.com
Internet: www.rib-software.com
Indices: SDAX, TecDAX,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 884451

End of News DGAP News Service

884451 2019-10-02

(END) Dow Jones Newswires

October 02, 2019 07:55 ET ( 11:55 GMT)

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