RIB Software AG: Further phase-II order affords access to new international markets

RIB Software AG:
Further phase-II order affords access to new international markets

Corporate licence agreement for iTWO BIM 5D concluded with the Zech Group

STUTTGART, 20 August 2012. In Q3 2011, RIB Software AG concluded a corporate licence agreement for iTWO BIM 5D with the Zech Group GmbH, Bremen, Germany. In addition to branches throughout Germany, the family-run, medium-sized enterprise has overseas offices in Belgium, Brazil, Poland, Hungary and in the United States. Its consistent expansion of international activities is particularly noteworthy.

Through the group-wide use of RIB's fully-integrated BIM 5D technology, Zech Group hopes to be able to exploit considerable value creation potential in the global real estate sector. The permanent innovative spirit and on-going optimisation of corporate processes tailored to the needs of the global real estate market form the basis of the group's global growth.

'With the Zech Group we can now count a further leading international construction company among our iTWO BIM 5D customers. The fourth phase-II order this year not only consolidates our market-leading position with iTWO BIM 5D in Germany, Austria and Switzerland. In gaining this company, which is well established in Brazil, South America's largest business location, we have succeeded in taking a further important step in the rapidly growing BRIC states (Brazil, Russia, India and China),' summed up Michael Sauer, CFO of RIB Software AG.

The construction industry is a very important cornerstone in Brazil's economic development - not least due to forthcoming major sport events like the football World Cup (2014) and the Olympic Games (2016). In addition to the infrastructural development, the real estate sector is among the main drivers of the positive development in Brazil, which is hoping to be one of the world's five largest national economies by 2018. The demand for private accommodation is currently very high in the BRIC region. To this end, growth programmes in low-income housing are supporting the sector.

About the RIB Group

With more than 15,000 customers, the Stuttgart-based RIB Group is one of the largest software providers in the field of technical ERP solutions for the construction industry. Established in 1961, RIB has attained a market-leading position in Germany. The world's largest construction companies, public administrations, architecture and engineering firms, and large enterprises in the field of industrial and plant construction around the globe optimise their planning and construction processes with the aid of RIB software systems. RIB is represented by its own branches in EMEA, North America, and APAC. Further information is available at www.rib-software.com.