Last updated on April 23, 2014 at 21:24 EDT

RiT Develops New Hardware for Intelligent Infrastructure Management (IIM)

September 13, 2012

TEL AVIV, Israel, September 13, 2012 /PRNewswire/ –

RiT Technologies (NASDAQ: RITT) today announced that it has reached the final
development stage of PV+, its new IIM hardware family. The PV+ product family will support
both interconnect and cross-connect network topologies using unique dual-wire bus
technology for high speed asynchronous scanning.

RiT plans to release the product for full production during the first quarter of 2013,
and to release a Beta version during the fourth quarter of 2012.

RiT’s PV+ has been optimized for cost, performance, and ease of use by reducing
network scanning load, enhancing network security, and scanning at a fast turnover rate.

RiT’s PV+ solution supports a true mix of interconnect and cross-connect physical
network topologies for both copper and fiber infrastructures. The system design has been
optimized to require minimum installation space. The advanced performance design enables
scanning the entire network topology with zero network loads, eliminating the need to scan
the network switches’ higher layers of the ISO7 model.

The PV+ IIM solution enhances organization security and management capabilities for
layer “0″ using a unique, patent-pending identification element that enables
identification of every device on the network, providing a means for physical localization
of each device.

RiT’s PV+ uses passive managed panels that are agnostic to bandwidth or to network
data. The PV+ system can manage any type of connection on either copper or fiber
infrastructure, with special emphasis given to LC-LC, LC-MPO, and MPO-MPO management.

To enable attainment of maximum functional capabilities, RiT’s PV+ is fully supported
by the CenterMind intelligent infrastructure management software.

Commenting on the news, Dr. Ben-Eshay, RiT’s CTO, and Dr. Vadim Leiderman, RiT’s CEO,
said, “With PV+, RiT is providing an innovative, out-of-the-box solution for physical
network management of the data center – a critical solution needed in the emerging
interconnect market as well as ithe traditional cross-connect market. As the industry’s
most experienced IIM Company with complex deployments in thousands of data centers
throughout the world, we are uniquely qualified to introduce an infrastructure management
system that brings a new level of innovation, control, efficiency, agility, and security
to the mission-critical data centers. We are very excited about this new product and look
forward to rolling out our advanced offerings in the coming months.”

About RiT Technologies

RiT is a leading provider of comprehensive management solutions for today’s
mission-critical data centers and communication rooms. Through the deployment of RiT’s
integrated DCIM (data center infrastructure management), IIM (intelligent infrastructure
management), SMART Cabling(TM) and EPV(TM) real-time infrastructure management solutions,
companies enhance both CAPEX and OPEX by increasing efficiency and improving automated
processes. RiT’s field-tested solutions are delivering value in thousands of installations
for top-tier enterprises and operators throughout the world. RiT’s shares are traded on
the Nasdaq exchange under the symbol RITT. http://www.rittech.com

Safe Harbor Statement

In this press release, all statements that are not purely about historical facts,
including, but not limited to, those in which we use the words “believe,” “anticipate,”
“expect,” “plan,” “intend,” “estimate”, “forecast”, “target”, “could” and similar
expressions, are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. For example, when we discuss a field trial which could lead
to a multi-million dollar Carrier deal, we are using a forward looking statement. While
these forward-looking statements represent our current judgment of what may happen in the
future, actual results may differ materially from the results expressed or implied by
these statements due to numerous important factors, including, but not limited to, those
described under the heading “Risk Factors” in our most recent Annual Report filed with the
Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or
supplemented in subsequent reports filed with the SEC. These factors include, but are not
limited to, the following: our ability to raise additional financing, if required; the
continued development of market trends in directions that benefit our sales; our ability
to maintain and grow our revenues; our dependence upon independent distributors,
representatives and strategic partners; our ability to develop new products and enhance
our existing products; the availability of third-party components used in our products;
the economic condition of our customers; the impact of government regulation; and the
economic and political situation in Israel. We are under no obligation, and expressly
disclaim any obligation, to update the forward-looking statements in this press release,
whether as a result of new information, future events or otherwise.

        Company Contact:
        Dr. Ben-Eshay (CTO)

SOURCE RiT Technologies Ltd

Source: PR Newswire