FORT MILL, S.C. and TEL AVIV, Israel, Jan. 24 /PRNewswire-FirstCall/ --
Belden CDT Networking, part of Belden CDT Inc. (NYSE: BDC) and a world leader
in the design, manufacture, and marketing of a broad range of cabling and
connectivity components, and RiT Technologies Ltd. (Nasdaq: RITT), the pioneer
of Intelligent Physical Layer Management Solutions (IPLMS), today launched the
IntelliMAC-Plus GigaBIX Solution, the world's first solution for managing
termination block connectivity.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040727/LNTU008LOGO-a )
This cutting-edge product is the first to be developed under the framework
of the strategic R&D and Marketing partnership formed between the two
companies in January 2004. Note: the partnership was formed between RiT and
NORDX/CDT. CDT has since merged with Belden to become a $1.1 billion supplier
of products for the specialty electronics and data networking markets.
By bringing IPLMS functionality to GigaBIX and BIX Cross-Connect Wire
solutions, the IntelliMAC-Plus delivers a broad range of quick-ROI benefits to
the BIX termination block environment -- benefits proven through a decade of
intelligent patch panel usage throughout the world. Whether deployed at the
time of a new installation or retrofitted to existing installations, the
solution's LED-guided Moves, Adds and Changes (MACs), comprehensive monitoring
and alert capabilities, and automatic documentation help the IT staff slash
the cost of network maintenance, reduce downtime, improve planning and
increase physical security.
"We are excited to join with RiT in bringing the proven IPLMS concept to
the world of termination blocks," said Brian O'Connell, Vice-President of
Sales and Marketing for the Belden CDT Networking Division. "BIX and GigaBIX
installations are often deployed when real-estate is at a premium so the
connections are very dense and visibility is hard to achieve. By bringing
features like LED-guided MACs into these high-density environments, we can
help customers maximize network uptime by improving troubleshooting, and
optimize their maintenance budgets by reducing the time it takes to perform
"The strategic partnership between our two companies has been particularly
effective and satisfying, resulting in a superb new product in record time,"
added Liam Galin, President and CEO of RiT. "Working together, we will now
begin joint-marketing the IntelliMAC-Plus GigaBIX solution throughout the
world. In addition, we continue expanding our R&D partnership with new
projects that take advantage of the expertise of both our companies."
About Belden CDT Networking
Belden CDT Networking, a unit of Belden CDT Inc., is a world leader in the
design, manufacture, and marketing of a broad range of cabling and
connectivity components for the commercial communications market. The unit
offers both cabling components as well as complete end-to-end Belden IBDN
structured cabling systems. Headquartered in Fort Mill, South Carolina, Belden
CDT Networking has manufacturing facilities in North America and Europe, and
distribution centers in the U.S., Canada, Singapore, Australia and the
Netherlands. Belden CDT Inc., formed in July 2004 through the merger of Belden
Inc. and Cable Design Technologies Corp., is one of the largest U.S.-based
manufacturers of high-speed electronic cables and focuses on products for the
specialty electronics and data networking markets, including connectivity.
About RiT Technologies
RiT Technologies pioneered the development of intelligent physical layer
solutions, designed to provide superior control, utilization and maintenance
of networks. RiT's innovative solutions help customers capitalize on network
investments and reduce cost of ownership.
RiT's Enterprise Solutions include PatchView(TM) for full web-based
management, planning and troubleshooting of network physical layer
connectivity. PairView(TM) and PairQ(TM) Carrier Solutions help telcos
capitalize on outside plant investments by giving them reliable, mass-verified
and qualified infrastructure and connectivity databases.
With a global sales network spanning 60 countries, RiT's key customers
include major financial institutions, corporations and global
telecommunications companies such as: Deutsche Telekom, TELMEX, TELENOR, KPN,
The New York Mercantile Exchange (NYMEX), ING Barings, INVESCO, DIAGEO,
Daewoo, KPN and Reuters.
RiT is a member of the RAD group, a world leader in communications
solutions. For more information, please visit our website:
Safe Harbor statement under the Private Securities Litigation Reform Act
of 1995: This release contains forward looking statements that are subject to
risks and uncertainties, including, but not limited to, the impact of
competitive products and pricing, product demand and market acceptance, new
product development, reliance on key strategic alliances, availability of raw
materials, the regulatory environment, fluctuations in operating results and
other risk detailed from time to time in the Company's filings with the
Securities Exchange Commission.
This press release is available at http://www.rittech.com/,
http://www.BeldenIBDN.com and http://www.portfoliopr.com/
COMPANY RiT Technologies Ltd. Belden CDT Inc.
CONTACTS: Shelagh Hammer Alison McCreath
VP Corporate Marketing Marketing Communications Manager
+972-3-645 5131 1-514-822-7579
SOURCE RiT Technologies