RiT (RITT) to Provide its IIM Solution for Datacenter Management to Global Financial Institution

RiT Technologies (NASDAQ: RITT), the world-leading provider of intelligent infrastructure solutions, today announced that it has received several major new orders from one of its largest customers, a top-tier diversified financial services company. The orders, which total over one million dollars, are for the expansion of the PatchView™ intelligent infrastructure management (IIM) systems currently deployed in the client’s international headquarters and central datacenters.

This global account has been a satisfied RiT customer for many years, and credits RiT’s PatchView(TM) with having helped it maximize network continuity, minimize ongoing maintenance costs, enforce physical layer security and simplify infrastructure planning. The projects will include the implementation of IIM systems in new datacenter and people workspace facilities in branch offices, and the integration of the RiT solution throughout the organization with the customer’s internal systems.

“We are proud of the relationship we have built with this prestigious customer, who became one of the industry’s earliest adopters of our PatchView IIM, and quickly came to rely on it as a strategic infrastructure management tool,” said Eran Ayzik, RiT’s President and CEO. “Over the years, our deployments in the customer’s mission-critical headquarters and datacenter networks have proved PatchView’s ability to streamline complex infrastructure operations and to slash the time required to deploy large-scale projects. In addition, we have differentiated ourselves consistently through our ability to support the customer through all the stages of the project with tailor-made and customized solutions.”

Mr. Ayzik continued, “Now that the IIM concept is gaining mainstream acceptance from additional top-tier enterprises, we are benefiting from our extensive track record with this and other satisfied customers worldwide. We believe this will help us secure additional large-scale customers, and hopefully to form relationships that translate into multi-year streams of ongoing revenues.”

About RiT Technologies

RiT is a leading provider of intelligent solutions for infrastructure management, asset management, environment and security, and network utilization. RiT Enterprise solutions address datacenters, communication rooms and workspace environments, ensuring maximum utilization, reliability, decreased downtime, physical security, automated deployment, asset tracking, and troubleshooting. RiT Carrier solutions provide carriers with the full array of network mapping, testing and bandwidth qualification capabilities needed for access network installation and service provisioning. RiT’s field-tested solutions are delivering value in thousands of installations for top-tier enterprises and operators throughout the world.

For more information, please visit our website: http://www.rittech.com

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Company Contact:
Moti Antebi
CFO
+972-3-766-4249
motia@rit.co.il

SOURCE RiT Technologies Ltd