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Last updated on April 18, 2014 at 5:48 EDT

Latest RiT Technologies Ltd Stories

2014-02-03 08:32:37

Represents initial penetration of Beamcaster(TM) into the Chinese market TEL AVIV, Israel, Feb. 3, 2014 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT) the leading provider of IIM solutions and a developer of an innovative indoor optical wireless technology, today announced its first order for its Beamcaster product from a leading software and IT company in Shenzhen, China. The customer placed an initial order to purchase five Beamcaster systems, which will be deployed...

2014-01-27 08:33:48

Solution to Manage Extensive Copper and Fiber-Combined Infrastructure within Yuhang Branch TEL AVIV, Israel, Jan. 27, 2014 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT) today announced that the Yuhang branch of China Agriculture Bank has deployed RiT's field-proven Intelligent Infrastructure Management solution, EPV(TM) (Enterprise PatchView). China Agriculture Bank is a pan-China financial institution with approximately 40 branches and 23,000 local offices. EPV will be...

2014-01-06 08:33:29

Goal to Reduce Expenses in 2014 by more than 25% TEL AVIV, Israel, Jan. 6, 2014 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT), the leader in intelligent infrastructure management and the developer of an innovative indoor optical wireless technology solution, announced today a plan to reduce operating expenses by more than 25% in 2014. As part of this plan, RiT will focus its efforts on maintaining its 2014 sales targets while implementing cost efficiencies in its...

2013-12-09 08:33:02

TEL AVIV, Israel, December 9, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT) today appointed two highly-experienced communication industry veterans as its new country managers for China and South Africa. Mr. Arthur Liu brings RiT 25 years of successful sales team management and channel-building experience in China, including seven years as Sales Director and Chief Representative of ADCKrone China, during which he increased Cable and OEM sales by more than...

2013-12-02 08:39:00

Partnering with Furukawa, Latin America's Leading Network Infrastructure Company, Demonstrates RiT's Growing OEM Momentum in Key Target Markets TEL AVIV, Israel, Dec. 2, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT), the leader in intelligent infrastructure management, today announced that orders placed by Furukawa Industrial, S.A. (FISA), RiT's OEM partner for Brazil and other Latin American countries, exceeded US $1.75 million in 2013. FISA, a manufacturer of...

2013-11-27 12:27:05

TEL AVIV, Israel, Nov. 27, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ: RITT) (the "Company" or "RiT"), a provider of IIM solutions and a developer of an innovative indoor optical wireless technology solution, announced the closing of its previously announced underwritten public offering of 3,000,000 ordinary shares and warrants to purchase 1,500,000 ordinary shares at an offering price of $2.00 per share and $0.01 per warrant. In addition, the underwriter exercised its...

2013-11-21 20:23:45

TEL AVIV, Israel, Nov. 21, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ: RITT) (the "Company" or "RiT"), a provider of IIM solutions and a developer of an innovative indoor optical wireless technology solution, announced the pricing of an underwritten public offering of 3,000,000 ordinary shares and warrants to purchase up to an aggregate of 1,500,000 ordinary shares, at an offering price of $2.00 per share and $0.01 per warrant. The warrants have a per share exercise price of...

2013-11-18 08:33:39

The conference will be held in Tel-Aviv on November 26th, 2013 TEL AVIV, Israel, November 18, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT), the innovative leader in intelligent infrastructure management, announced today that it will host the ITC 2013 conference, to be held in Tel-Aviv, November 26th, 2013. The ITC conference will be hosted together with RIT partners, Teldor Cables & Systems Ltd. and Contech Electronic Enclosures Ltd. The...

2013-11-14 08:38:53

TEL AVIV, Israel, Nov. 14, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT), today announced its unaudited financial results for the third quarter and first nine months ended September 30, 2013. Financial Results for the Third Quarter 2013 -- Revenues for the third quarter of 2013 increased by 54.1% to $3.3 million, compared with $2.1 million for the third quarter of 2012 and 5.1% compared with $3.1 million for the second quarter of 2013. -- Gross...

2013-11-13 08:34:04

The Conference, which is one of the largest information technology events in India, will take place November 20th - 22nd in Mumbai TEL AVIV, Israel, November 13, 2013 /PRNewswire/ -- RiT Technologies Ltd. (NASDAQ CM: RITT), the innovative leader in intelligent infrastructure management, announced today it will exhibit at the INTEROP Mumbai conference, to be held on November 20th - 22nd, 2013. The Conference includes international vendors purveying the latest IT...