RiT Receives Follow-on PairView Orders from Telmex and Czech Telecom

Apr 11, 2001, 01:00 ET from RiT Technologies

    TEL AVIV, Israel, April 11 /PRNewswire/ -- RiT Technologies (Nasdaq: RITT)
 today announced that it has received two follow-on orders for PairView(TM)
 Outside Plant Management Systems valued at approximately $800,000. Telmex, the
 national telecom carrier of Mexico, has ordered an additional two PairView
 systems as part of its ongoing country-wide program to improve management and
 control of its copper infrastructure. Czech Telecom, the national telecom
 carrier of the Czech Republic, has ordered equipment which will be used to
 upgrade PairView systems already in operation.
     Liam Galin, President and CEO of RiT, said, "Both Telmex and Czech Telecom
 were among our first PairView customers. We are delighted that PairView has
 delivered the benefits that we -- and they -- expected, and that they continue
 to scale up their Outside Plant Management programs. We are optimistic that
 both customers will continue deploying PairView in additional regions to
 maximize copper utilization and to improve customer service.
     "Throughout Eastern Europe and Latin America, national carriers are
 investing heavily to upgrade existing copper infrastructure. The PairView
 successes achieved by Telmex and Czech Telecom will serve as an important
 reference in or marketing efforts to other telcos in these regions."
 
     About RiT Technologies
     RiT leverages its unique technology for integrated network management
 solutions to improve network performance and maximize the return of telecom
 and datacom physical layer network investments. RiT's PairView(TM) and
 PairQ(TM) target the telecommunication outside plant network management
 market, estimated at a potential of $1-2 B, and improves telco's ability to
 provision high bandwidth services (xDSL). PairQ enables mass-qualification of
 telco copper infrastructure, improving deployment and the margins of providing
 DSL services. .RiT's PatchView for the Enterprise(TM) advanced solution
 targets the enterprise management market, estimated at $7.5 B/yr. RiT's
 PatchView(TM) and SMART Cabling(TM) systems target the enterprise LAN wiring
 market, estimated as $5-6 B/yr.
     RiT's sales network spans 50 countries.  Key customers include major
 global telecommunications companies and enterprises, like Deutsche Telekom,
 Alcatel, TELMEX, TELENOR, American Express, The New York Mercantile Exchange
 (NYMEX), and ING Barings.  RiT is a member of the RAD group, a world leader in
 communications solutions.  For more information, please visit our web site:
 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 risks detailed from time to time in the Company's filings with the
 Securities and Exchange Commission.
 
 

SOURCE RiT Technologies
    TEL AVIV, Israel, April 11 /PRNewswire/ -- RiT Technologies (Nasdaq: RITT)
 today announced that it has received two follow-on orders for PairView(TM)
 Outside Plant Management Systems valued at approximately $800,000. Telmex, the
 national telecom carrier of Mexico, has ordered an additional two PairView
 systems as part of its ongoing country-wide program to improve management and
 control of its copper infrastructure. Czech Telecom, the national telecom
 carrier of the Czech Republic, has ordered equipment which will be used to
 upgrade PairView systems already in operation.
     Liam Galin, President and CEO of RiT, said, "Both Telmex and Czech Telecom
 were among our first PairView customers. We are delighted that PairView has
 delivered the benefits that we -- and they -- expected, and that they continue
 to scale up their Outside Plant Management programs. We are optimistic that
 both customers will continue deploying PairView in additional regions to
 maximize copper utilization and to improve customer service.
     "Throughout Eastern Europe and Latin America, national carriers are
 investing heavily to upgrade existing copper infrastructure. The PairView
 successes achieved by Telmex and Czech Telecom will serve as an important
 reference in or marketing efforts to other telcos in these regions."
 
     About RiT Technologies
     RiT leverages its unique technology for integrated network management
 solutions to improve network performance and maximize the return of telecom
 and datacom physical layer network investments. RiT's PairView(TM) and
 PairQ(TM) target the telecommunication outside plant network management
 market, estimated at a potential of $1-2 B, and improves telco's ability to
 provision high bandwidth services (xDSL). PairQ enables mass-qualification of
 telco copper infrastructure, improving deployment and the margins of providing
 DSL services. .RiT's PatchView for the Enterprise(TM) advanced solution
 targets the enterprise management market, estimated at $7.5 B/yr. RiT's
 PatchView(TM) and SMART Cabling(TM) systems target the enterprise LAN wiring
 market, estimated as $5-6 B/yr.
     RiT's sales network spans 50 countries.  Key customers include major
 global telecommunications companies and enterprises, like Deutsche Telekom,
 Alcatel, TELMEX, TELENOR, American Express, The New York Mercantile Exchange
 (NYMEX), and ING Barings.  RiT is a member of the RAD group, a world leader in
 communications solutions.  For more information, please visit our web site:
 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 risks detailed from time to time in the Company's filings with the
 Securities and Exchange Commission.
 
 SOURCE  RiT Technologies