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RiT Technologies to Address SMB Market With EPV - Real-Time Rack Connectivity Management Solution

Posted on: Monday, 17 August 2009, 07:00 CDT

TEL AVIV, Israel, August 17 /PRNewswire-FirstCall/ -- RiT Technologies (NASDAQ: RITT), the world-leading provider of intelligent infrastructure solutions, today introduced a new product aimed at the small-to-medium-sized Enterprise market: the EPV(TM) Real-Time Connectivity Management solution.

"EPV takes a new, simple-to-implement and simple-to-use approach to real-time connectivity management - a practical solution for the daily business challenges of enterprises," commented Mr. Avi Kovarsky, RiT's CEO and President. "EPV represents an extension of our product line that will help us increase our penetration into the SMB market, an area that is now becoming aware of the benefits of the infrastructure management. By making this advanced functionality accessible and affordable to smaller organizations, we believe that EPV will open up attractive new markets for us and our partners."

The innovative EPV solution, based on RiT's advanced infrastructure management technologies, is designed with small-to-medium enterprises in mind. As a standalone solution that requires no additional software or server installation, EPV is easy to deploy. Once implemented, EPV collects information continuously regarding connections within the enterprise's patch panels and communication racks. All connectivity changes are detected immediately, enabling the system to send notifications and alerts the moment a change occurs. All connectivity information and notifications can be accessed via Internet web browsers through a user-friendly, permission-based GUI making the system particularly valuable for the management of remote sites.

As an additional advantage, EPV can be easily upgraded to RiT's PatchView(TM), the industry-leading full-featured intelligent infrastructure management (IIM) solution, enabling customers to grow as required from initial installations to large-scale deployments.

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 Environment and Security solutions enable companies to effectively control their datacenters, communications rooms and remote physical sites and facilities in real-time, comprehensively and accurately. 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

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 our expectations from Paladin, 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: Oded Nachmoni VP Product Management & Professional Services +972-3-645-5481 odedn@rit.co.il

SOURCE RiT Technologies Ltd


Source: PR Newswire

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