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TMCNet:  DGAP-News: RIB Software AG: Köster Group introduces RIB Software AG's end-to-end enterprise solution iTWO (phase II deal)

[December 20, 2013]

DGAP-News: RIB Software AG: Köster Group introduces RIB Software AG's end-to-end enterprise solution iTWO (phase II deal)

(DGAP Corporate News Via Acquire Media NewsEdge) DGAP-News: RIB Software AG / Key word(s): Contract RIB Software AG: Köster Group introduces RIB Software AG's end-to-end enterprise solution iTWO (phase II deal) 20.12.2013 / 15:54 --------------------------------------------------------------------- 20.12.2013 Köster Group introduces RIB Software AG's end-to-end enterprise solution iTWO (phase II deal) Stuttgart, Germany, 20 December 2013. The Köster Group from Osnabrück and RIB Software AG have concluded a phase II deal to introduce an end-to-end enterprise solution. The ordered solution components comprise iTWO 5D, the on-demand contract award platform iTWO tx and the new iTWO finance solution, which was developed based on Microsoft Dynamics NAV technology.


With an annual revenue of approximately EUR 900 million (2012), the Köster Group, which is made up of the Osnabrück-based Köster GmbH and the Stuttgart-based Baresel GmbH, is one of Germany's leading construction businesses.

Concerning the deal, Dr. Hans-Peter Sanio, Member of the Executive Board of RIB Software AG, comments as follows: 'We are pleased to announce that the Köster Group, another leading enterprise from the construction industry, has opted for the end-to-end business solution iTWO 5D. We are looking forward to coaching the Köster Group in the introduction of the new enterprise solution. As a technology partner, we would like to assist Köster in the Group-wide implementation of model-based approaches and fully integrated end-to-end corporate processes on the basis of Web-based technologies.' About the Köster Group The Köster Group is a modern, service-oriented group of companies from the construction industry, which performs complex structural engineering, civil engineering, turnkey construction, tunnelling and environment technology services throughout Germany. From 18 cities, 1,500 construction specialists deliver high technical competency in the immediate vicinity. The core proposition of the successful group of companies focuses on technically perfect completion and sustainable economy of all construction projects.

Its goal is to promote its customers' business. For more information (in German), see www.koester-bau.de.

About RIB Group With over 15,000 customers, the RIB Group based in Stuttgart is a global leading provider of 5D end-to-end enterprise solutions for the construction industry. Founded in 1961, RIB meanwhile holds a leading position in the global market. The world's largest construction companies, public administration offices, architecture and engineering firms as well as large companies in the industrial and plant construction segment around the globe optimize their planning and construction processes with the aid of RIB software systems. The company is represented with its own branch offices in the EMEA, North America and APAC regions. Further information can be found at: www.rib-software.com.

End of Corporate News --------------------------------------------------------------------- 20.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 245971 20.12.2013

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