A F RIT TECHNOLOGIES LOGO RIT TECHNOLOGIES LOGO
RiT Technologies logo. (PRNewsFoto)[TC]
TEL AVIV, ISR
TEL AVIV, Israel, Sept. 28 /PRNewswire-FirstCall/ -- RiT Technologies
(Nasdaq: RITT), the pioneer and world-leading provider of intelligent physical
layer solutions, announced that it has received orders from two African
carriers for its PairView Pro Local Loop Mass-Verification System. Delivery is
expected to be before year end.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040727/LNTU008LOGO-a )
The national operator of one country in Western Africa has placed an order
for two PairView Pro systems as part of its initiative to reduce network
congestion and improve the overall quality of its fixed line services.
PairView Pro's auto-tracking technology will be used to trace the routing of
each copper pair, automatically building a comprehensive map of the entire
network and highlighting inefficiencies in the existing network architecture.
The decision to deploy PairView Pro came in the wake of a strong
recommendation by one of RiT's long-standing and satisfied European PairView
The state-owned carrier of another African country has ordered two
PairView Pro systems as part of a project to document and mass-qualify its
copper plant. PairView Pro will independently identify and test all copper
pairs -- both active and inactive, including those that carry digital
offerings such as ISDN and xDSL. The reliable physical layer database built
from this accurate information will become a platform for more accurate
billing, efficient provision and maintenance activities, and effective network
"These sales are encouraging milestones that demonstrate reawakening
interest in our carrier solutions, together with the broader range of
applications for which they are being deployed," said Liam Galin, RiT's
President and CEO. "A growing number of telcos recognize that reliable
documentation of the copper plant is a prerequisite for reducing provisioning
and maintenance costs while increasing quality of service and customer
satisfaction. The result is a boost to both the top and bottom line that pays
quickly for the investment.
"This excellent value proposition, combined with a more favorable capital
spending environment in the telecommunications industry and our growing list
of satisfied clients, is helping us to generate promising new opportunities
for the sales pipeline as well as reactivate on-hold opportunities. We are
pleased with these developments and are working hard to convert further sales
opportunities into final sales.
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, and SMART Cabling(TM) System components for single-source, end-
to-end structured cabling solutions.
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, Alcatel, TELMEX,
TELENOR, The New York Mercantile Exchange (NYMEX), ING Barings, INVESCO,
DIAGEO, Daewoo, and Reuters.
RiT is a member of the RAD group, a world leader in communications
For more information, please visit our website: http://www.rittech.com
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/ and
COMPANY Simona Green
CONTACT: VP Finance
PORTFOLIO PR Paul Holm / Jerry Cahn
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SOURCE RiT Technologies