RiT Technologies Shares to Trade on Nasdaq SmallCap Market Beginning Monday, January 12th

Jan 08, 2004, 00:00 ET from RiT Technologies

    TEL AVIV, Israel, Jan. 8 /PRNewswire-FirstCall/ -- Further to its
 announcement of December 23, 2003, RiT Technologies (Nasdaq:   RITT) today
 announced that its shares will begin trading on the Nasdaq SmallCap Market at
 the opening of business on Monday, January 12, 2004. The shares will continue
 to trade under the "RITT" stock symbol.
     About RiT Technologies
     RiT Technologies pioneered the development of intelligent physical layer
 management 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
 solutions. For more information, please visit our website: 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 and other risks 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:         Financial Director
     PORTFOLIO PR     Paul Holm/Jerry Cahn
     CONTACT:         212-736-9224
                      pholm@portfoliopr.com / jcahn@portfoliopr.com

SOURCE RiT Technologies