(RITT) Tianjin City Rail Network Utilizes RiT’s PatchView
Intelligent Infrastructure Management Provides Real-Time Status and Management of 6,000 Intelligent Ports Used by 22 Transit Lines
TEL AVIV, Israel, Oct. 27, 2015 — RiT Technologies (NASDAQ:RITT), a leading provider of Converged Infrastructure Management Solutions that enable companies to maximize utilization and security of their network infrastructure, announced today that the Tianjin City Rail Transit of China has deployed RiT’s PatchView™ Intelligent Infrastructure Management (IIM) solution to gain real-time visibility and control of their network while increasing availability and operational efficiency. The PatchView IIM solution manages 6,000 intelligent ports used by 22 transit lines. RiT also provides the fiber optic cable line subsystem of this backbone communication system. The system was provided in partnership with the China Railway Signal & Communication Shanghai Engineering Bureau Group.
“PatchView will serve as the backbone to Tianjin City Rail Network’s control center communications, giving them an up-to-the-minute view of the status of all devices,” said Feng Zhang with the China Railway Signal & Communication Shanghai Engineering Bureau Group. “This solution provides real-time management and monitoring, via graphical simulation, of all subway stations and routes, and creates alarms for potential network failures that can be responded to quickly to ensure uninterrupted service.”
PatchView gives users a comprehensive real-time view of the network, including all IT assets, pinpointing their exact location and status at the rack, cabinet, room, building and site levels. This always-on, constant monitoring of the network has the ability to flag network problems and identify points of failure before they result in downtime. PatchView also automates regular network maintenance helping streamline work, eliminate human error and reduce maintenance costs.
“With the growing role of ITSM with RiT’s connectivity solutions to ensure uninterrupted service, having the ability to manage all connected components in real-time is now the rule and not the exception,” said Yossi Ben-Harosh, President and CEO of RiT Technologies. “We are honored to be at the forefront of IIM and to offer PatchView to Tianjin City Rail to provide them with the required visibility into their railway infrastructure to deliver top notch services while enabling them to maximize their resources and optimize capacity.”
About RiT Technologies
RiT Technologies (NASDAQ:RITT) is a leading provider of converged IT infrastructure management and connectivity solutions that improve network utilization, streamline infrastructure operations and enhance data security, reduce network operation cost and optimize future investments.
RiT offers a platform that provides a unified way to manage converged systems and services to improve network utilization, streamline infrastructure operations, reduce cost and enhance data security. RiT’s platform includes connectivity solutions such as IIM, (Intelligent Infrastructure Management), converged infrastructure management software, and indoor optical wireless technology.
Deployed around the world in data centers, large corporations, government agencies, financial institutions, telecommunications, airport authorities, healthcare organizations and educational facilities. RiT’s shares are traded on the NASDAQ Capital Market under the symbol RITT.
Safe Harbor Statement
In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate”, “forecast”, “target”, “could” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described under the heading “Risk Factors” in our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or supplemented in subsequent reports filed with the SEC. These factors include, but are not limited to, the following: our ability to raise additional financing, if required; the continued development of market trends in directions that benefit our sales; our ability to maintain and grow our revenues; our dependence upon independent distributors, representatives and strategic partners; our ability to develop new products and enhance our existing products; the availability of third-party components used in our products; the economic condition of our customers; the impact of government regulation; and the economic and political situation in Israel. Except as otherwise required by applicable law, we expressly disclaim any obligation to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.
CONTACT: Kobi Haggay VP Products and Marketing M: +972.54.4338382 kobi.haggay@rittech.com www.rittech.com Monica Maron Spicetree Communications Mobile: +972-54-5429529 monica.maron@spicetreecom.com
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