08.09.2014 - Corporate News

Stuttgart, Germany, 8 September 2014. The German stock exchange has informed the board of RIB in writing that RIB Software AG Stuttgart (ISIN DE000A0Z2XN6) will be included in and listed on TecDAX on 22. September. RIB AG is the world market leader in 5D BIG DATA end to end business solutions for construction companies, developers, owners and investors.

CEO Thomas Wolf says of the inclusion in TecDAX: "Following the successful IPO in 2011 (9.25 euro share price) this is further confirmation of our global strategy to take construction, together with our technology partners, to a new digital level. Through the integration of the virtual into the physical building process our iTWO technology has revolutionised the construction industry in the 21st century. Our staff, customers and shareholders all believe in this.

Michael Sauer CFO says of the new development: "Since the IPO in 2011, we have increased the number of large iTWO orders worldwide every year by 80% and this is also our goal (Key Metric) in the future. In 2014, we are planning 14 "large deals" of which we have so far completed 10. In 2015, we plan to complete 25 large iTWO orders. With this strategy, by 2020 we want to catch up with the leading global standard software providers."


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