RIB Software AG: RIB AG and MBN Bau AG has advanced to a phase II enterprise-wide implementation of iTWO BIM 5D and RIB Finance

RIB AG and MBN Bau AG has advanced to a phase II enterprise-wide implementation of iTWO BIM 5D and RIB Finance

STUTTGART, 29 May 2012. RIB AG signed another phase II contract with MBN Bau AG for iTWO BIM 5D and RIB Finance. The license volume accounts for approximately 700,000 USD.

MBN Bau AG is an experienced German general contractor and property developer with international operations. With over four decades of industrial experience, MBN demonstrates consistency and reliability in delivering quality projects while minimising costs and meeting deadlines.

MBN recognises RIB AG as a competent innovative partner, and a leading provider of model-based integrated software solutions for their end-to-end services on project and enterprise level.

'RIB AG highly values partners like MBN AG who share the same vision of utilising the latest technology in construction industry to streamline processes, minimise costs, and shorten completion time, while delivering high-quality projects. The closing of this new iTWO BIM 5D contract demonstrates the growing acceptance of model-based processes in the construction industry,' says Thomas Wolf, Chairman and CEO of RIB Software AG.

The RIB Group

With over 15,000 customers, the RIB Group is one of the leading providers of technical ERP software solutions for the construction industry. Founded in 1961 and headquartered in Stuttgart, RIB has become a market leader in Germany. The world's largest construction companies, the public sector, architectural offices and engineering companies as well as key accounts in the process industries all around the globe use RIB's software systems to optimise their engineering and construction processes. RIB has its own sales and service offices in EMEA, North America and APAC. Further details at: www.rib-software.com.