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DGAP-News: RIB Software AG: RIB Software AG (RSTA) signs an iTWO Cloud Phase I Deal with New Zealand Construction Giant for Nation Building Roads Project
[July 25, 2014]

DGAP-News: RIB Software AG: RIB Software AG (RSTA) signs an iTWO Cloud Phase I Deal with New Zealand Construction Giant for Nation Building Roads Project


(DGAP Corporate News Via Acquire Media NewsEdge) DGAP-News: RIB Software AG / Key word(s): Contract RIB Software AG: RIB Software AG (RSTA) signs an iTWO Cloud Phase I Deal with New Zealand Construction Giant for Nation Building Roads Project 25.07.2014 / 10:18 --------------------------------------------------------------------- 25-07-2014 RIB Software AG (RSTA) signs an iTWO Cloud Phase I Deal with New Zealand Construction Giant for Nation Building Roads Project Sydney, Australia, 25 July 2014. Fletcher Construction has selected the iTWOcx solution from RIB as the key Project Information Management System ("PIMS") to support the design, construction and handover activities of the McKays to Peka Peka Alliance ("M2PP") in New Zealand ("NZ"). The Fletcher Construction Company Limited ("FCC") is the Construction and Infrastructure subsidiary of Fletcher Building Limited which is the largest listed company in New Zealand, with a market capitalisation of over US$4.8 billion.



The M2PP project is part of the New Zealand Government's Roads of National Significance programme. The M2PP project is an alliance that is made up of a group of participants that have come together to form one entity. Through the project's life cycle, the project will be required to communicate with many external parties such as suppliers, subcontractors, territorial local authorities and finally the client and asset owners for handover. The unique iTWO collaboration, communication, audit and dashboards will be invaluable to M2PP.

This is why Fletcher Construction have chosen to leverage the 2nd Generation Document Management and Contract Communication capabilities of the iTWOcx platform from RIB. Fletcher Construction are using iTWOcx Core, iTWOcx Quality and iTWOcx Defects and are evaluating the broader iTWO Integrated Digital Engineering and Construction platform as the way of the future. This is an important Phase I for RIB in NZ and re-enforces RIB's commitment to customer success in this important market.


This complex and important civil project involves constructing a $630m 18km, four lane expressway with multiple grade interchanges, local road connections, bridges, landscaping, cycle paths and pedestrian access. The project is operating in a mixed urban and rural environment with the construction site being bordered by farmland, public space and residential properties.

Ian Watt, Regional Director of RIB Software ANZ says "iTWOcx is proving to be a very strong and trusted governance solution for VC's and the visibility that is delivered to the client builds a spirit of inclusiveness and transparency. NZTA in this instance have dashboard visibility of real time project information which aids the spirit of partnership. We are excited by this partnership with M2PP and in turn FCC, Beca, NZTA." Sanjay Sivanandan, President of RIB Asia Pacific & Middle East states "RIB is delighted to have FCC as an RIB iTWO client, which comes after a very detailed and comprehensive evaluation and RFP process. This is a clear win for RIB and our world leading iTWO cloud collaboration technology solution against all competitors. We are committed to strong, innovative clients such as FCC, that see iTWO technology as a competitive differentiator that improves their effectiveness and bottom line, and will support them strongly as part of our technology partnership." About Fletcher Construction Company (FCC) The Fletcher Construction Company Limited is a New Zealand icon and a subsidiary of Fletcher Building. It and Fletcher Residential make up the Construction division of Fletcher Building. Fletcher Construction is widely recognised in New Zealand, and has participated in various major projects including constructing the Auckland Sky Tower. It has four main divisions: Building and interiors, South Pacific, Infrastructure & Earthquake Recovery.

About RIB Group RIB Software AG is an innovator in construction industry. The company designs, develops, and offers iTWO technology for the construction industry worldwide. iTWO is the world's first Cloud-based Big Data BIM 5D enterprise solution for construction industry. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new technology, new thinking and new working method 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 600 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector, etc.

End of Corporate News --------------------------------------------------------------------- 25.07.2014 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.

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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: [email protected] 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 --------------------------------------------------------------------- 279364 25.07.2014

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