DGAP-News: RIB Software AG / Key word(s): Contract RIB Software AG: RIB AG (RSTA) signs Phase I POC* with US$ 2 billion leading U.S. Oil and Gas service contractor 26.08.2013 / 12:49
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26-08-2013 RIB AG (RSTA) signs Phase I POC* with US$ 2 billion leading U.S. Oil and Gas service contractor Phoenix, AZ, 26 August 2013. RIB Software AG the world's leading 5D Total Cost Management provider and Willbros, a leading independent contractor, have signed a Phase I POC agreement to utilize iTWO within Willbros construction processes in the oil, gas and power industries. Willbros, a US$ 2 billion U.S. company, traded on the New York Stock exchange, serves the oil, gas and power industries, providing construction, engineering and other specialty oilfield-related services to industry and government entities worldwide. Willbros has been ranked top 54 in the worlds' top contractors by ENR, and number one in the category of oil and gas services. Willbros plans to leverage iTWO to expedite its construction service offerings including: engineering, procurement and construction, turnarounds, maintenance, facilities development and operations services. 'We are very excited about delivering iTWO to Willbros to reach their vision', said RIBMC² U.S. CEO Ron Babich. 'Willbros has a strong goal to create standards and a repeatable process with iTWO, to expedite the tendering process and track project profits at a detailed field level against original plans.' 'As a strong leader in the oil and gas market, Willbros' Houston Texas headquarters is in the heart of the North American business community and will allow RIBMC² to introduce iTWO's unique 5D end-to-end solution to other adjacent U.S. construction firms', said Babich. *Proof of concept 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. End of Corporate News
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26.08.2013 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. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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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 End of News DGAP News-Service
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26-08-2013 RIB AG (RSTA) signs Phase I POC* with US$ 2 billion leading U.S. Oil and Gas service contractor Phoenix, AZ, 26 August 2013. RIB Software AG the world's leading 5D Total Cost Management provider and Willbros, a leading independent contractor, have signed a Phase I POC agreement to utilize iTWO within Willbros construction processes in the oil, gas and power industries. Willbros, a US$ 2 billion U.S. company, traded on the New York Stock exchange, serves the oil, gas and power industries, providing construction, engineering and other specialty oilfield-related services to industry and government entities worldwide. Willbros has been ranked top 54 in the worlds' top contractors by ENR, and number one in the category of oil and gas services. Willbros plans to leverage iTWO to expedite its construction service offerings including: engineering, procurement and construction, turnarounds, maintenance, facilities development and operations services. 'We are very excited about delivering iTWO to Willbros to reach their vision', said RIBMC² U.S. CEO Ron Babich. 'Willbros has a strong goal to create standards and a repeatable process with iTWO, to expedite the tendering process and track project profits at a detailed field level against original plans.' 'As a strong leader in the oil and gas market, Willbros' Houston Texas headquarters is in the heart of the North American business community and will allow RIBMC² to introduce iTWO's unique 5D end-to-end solution to other adjacent U.S. construction firms', said Babich. *Proof of concept 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. End of Corporate News
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26.08.2013 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. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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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 End of News DGAP News-Service
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