RIB Software SE (RIB) enters into three-year MTWO contract with Hathaway Dinwiddie estimated as a Phase II Agreement (No. 25/2018)

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2018-12-06 / 08:18 
 
*RIB Software enters into three-year MTWO contract with Hathaway Dinwiddie 
estimated as a Phase II Agreement (No. 25/2018)* 
 
Memphis, Tennessee, 06. December 2018. RIB Software SE, the international 
leading provider of 5D Building Information Modelling (BIM) technology, has 
concluded a strategic three-year deal, estimated as a phase II agreement, 
with Hathaway Dinwiddie, the long-standing California provider of general 
contracting, project planning, and construction management services. 
Hathaway Dinwiddie's implementation of MTWO - the cloud-based, 
virtual-to-physical planning solution will begin immediately. 
 
The Hathaway Dinwiddie team expects this newly-procured solution, which 
operates on the Microsoft Azure cloud, to better facilitate Hathaway 
Dinwiddie's "Precision Planning" approach to project execution, which 
involves a sophisticated BIM approach. 
 
"Our purchase of the MTWO platform will allow us to continue our vision of 
providing the most advanced tools for planning and executing complex and 
iconic projects," John Cowles, Senior Vice President and Preconstruction 
Manager at Hathaway Dinwiddie, said. "With MTWO, we found a freshly written, 
cloud-based solution that enhances our current model-based estimating and 
planning workflow. This software will allow our current workflows to evolve 
to meet the demands of where we believe the industry is headed. We will be 
more than prepared for the next generation of estimators, planners, and 
builders. " 
 
The Hathaway Dinwiddie mission is "to be the builder of choice for certainty 
of delivery and outstanding value," and they have demonstrated success with 
this goal over their last 100 years in this industry. Still, with MTWO - the 
first ever vertical cloud for the real estate and construction industries, 
RIB Americas Executives expect Hathaway Dinwiddie to experience 
unprecedented growth. 
 
"MTWO is the ideal technology solution for General Contractors in an age 
that requires construction leaders to maintain a mindset for digitization," 
Mickey Carr, CEO of RIB Americas, said. "Our new partner, Hathaway 
Dinwiddie, is a leader in the virtual-to-physical planning process and we 
believe RIB's cloud-based, fully integrated, 5D platform - MTWO - will 
create value, and will enable continued business growth for years to come." 
 
*About Hathaway Dinwiddie* 
Hathaway Dinwiddie celebrated its 100th year of business in California in 
2011. Hathaway Dinwiddie focuses on the California market and is known for 
constructing many of the state's iconic buildings. Consistently ranked in 
the ENR Top 100 General Contractors in the United States, Hathaway Dinwiddie 
provides General Contracting, Project Planning and Management services in 
California's most dynamic markets. They have helped the nation's premier 
companies and institutions develop landmark structures and quality interior 
spaces throughout Southern California, San Francisco Bay Area and Silicon 
Valley. Learn more and collaborate with us at [1]hdcco.com. 
 
*About the RIB Group* 
 
RIB Software SE is an innovator in construction business. The company 
creates, develops and offers cutting-edge digital technologies for 
construction enterprises and projects across various industries worldwide. 
Its flagship product iTWO 5D BIM enterprise solution for construction 
companies, industrial companies, developers and project owners, etc. Since 
its inception in 1961, RIB Software SE has been the pioneer in construction 
innovation, exploring and bringing in new thinking, new working method and 
new technology 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 1000 talents 
located in over 30 offices worldwide, RIB is serving 100,000 clients 
including construction contractors, sub-contractors, developers, owners, 
investors and governments, in the field of building construction, 
infrastructure, EPC sector and more. 
 
End of Media Release 
 
Issuer: RIB Software SE 
 
2018-12-06 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  RIB Software SE 
          Vaihinger Str. 151 
          70567 Stuttgart 
          Germany 
Phone:    [phone] 
Fax:      [phone] 
E-mail:   [e-mail] 
Internet: www.rib-software.com 
ISIN:     DE000A0Z2XN6 
WKN:      A0Z2XN 
Indices:  SDAX, TecDAX, 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, 
          Stuttgart, Tradegate Exchange 
 
End of News DGAP Media 
 
755009 2018-12-06 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f3c8a78b75161fdfe5453268a4fcd123&application_id=755009&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 06, 2018 02:18 ET (07:18 GMT)