DGAP-News: RIB Software AG: RIB AG (RSTA) signs Phase I agreement with Technip, a global leader in project management,

DGAP-News: RIB Software AG: RIB AG (RSTA) signs Phase I agreement with Technip, 
a global leader in project management, engineering and construction for the 
energy industry

DGAP-News: RIB Software AG / Key word(s): Contract
RIB Software AG: RIB AG (RSTA) signs Phase I agreement with Technip, a
global leader in project management, engineering and construction for
the energy industry

09.01.2014 / 15:10

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09.01.2014

RIB AG (RSTA) signs Phase I agreement with Technip, a global leader in
project management, engineering and construction for the energy industry

Atlanta, GA, 05 December 2013.

RIB Software AG the world's leading 5D end-to-end enterprise solution
provider has signed a Phase I agreement with Technip in the UK, a leading
company in the energy industry, to implement iTWO to support Technip's
tender estimation processes for its Business Development Group within the
UK Business Unit (UKBU).
 
Present in 48 countries, with 38,500 people, Technip is a world leader in
project management, engineering and construction for the energy industry.
The group offers solutions and innovative technologies, meeting challenges,
from the deepest subsea oil & gas developments to the largest and most
complex offshore and onshore infrastructures. Technip shares are listed on
the NYSE Euronext Paris exchange and traded in the USA on the OTCQX
marketplace. The company was recognized for its performance in the Dow
Jones Sustainability Indexes.
iTWO will help Technip in the UK continue to enhance its tender estimation
process.
 
'We are very excited about delivering iTWO to Technip to support their
vision of a more integrated and sustainable estimation and tendering
solution', said RIB U.S.COST SVP Mickey Carr. 'Technip has a strong
commitment to sustainable development and lean construction which aligns to
the RIB principles and we see Technip as a leader in the global energy
market and a partner with RIB as we define the new future of project
delivery.'
 
'As a new customer, Technip represents one of the most significant
opportunities of the year.' said RIB U.S.COST, CEO Charles Aguirre. 'Our
primary focus will be to deliver iTWO platform for Technip as the best
possible solution to support their growing business across the globe.'

About Technip
Technip's business activities serve many sectors of the energy industry
worldwide, but in particular the oil and gas sector, where they are active
in three business segments: Subsea, Offshore and Onshore. With industrial
assets in all continents, Technip maintains a fleet of 36 vessels (7 of
which are under construction). Technip is headquartered in Paris, France
and in 2012 Technip had EUR 14 billion backlog and operates in 48
countries. Technip's 2012 revenue was EUR 8.2 billion with 38,500 employees
worldwide.

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 and www.uscost.com.


End of Corporate News

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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                                             
 
 
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247451 09.01.2014                                                      
 
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