RiT Technologies Signs Agreement With Blue Helix for U.K. Distribution
28 Mai 2014 - 2:45PM
RiT Technologies Ltd. (Nasdaq:RITT) today
announced that it has signed a distribution agreement with Blue
Helix, a leading British supplier of networking products. Blue
Helix will distribute the full range of RiT products with a focus
on the PatchView+ Intelligent Infrastructure Management (IIM)
solution.
"The addition of the RiT unique suite of products
complements and extends our existing portfolio, enabling us to
supply a robust solution to the growing number of customer requests
for intelligent infrastructure solutions," commented Mr. Colin
Ryall, Blue Helix's Managing Director. "Choosing RiT, the innovator
and market leader in the IIM field, was an obvious move for us: as
a leading distributor we carry only the best products backed by the
best support."
Mr. Assaf Skolnik, RiT's VP Sales, added, "We are committed to
working with Blue Helix, a leading and seasoned distributor in the
UK market, with a strong record of deployments and superior
customer service.
This partnership strategically positions RiT's products in a key
market and presents growth opportunities for the company, as UK
based clients focus on economic and operational efficiencies in
managing their network infrastructure."
"We are confident Blue Helix is the right partner
to assure smooth implementation of our products; and educate the
market on the marked benefits of the PatchView+ IIM solution to
operational efficiency and cost savings, through decreases in
downtime, a reduction in technician errors, and reduced
workload."
About Blue Helix
Blue Helix is a dedicated distributor of fibre-optic and copper
networking, as well as CCTV security systems. During its 10 years
of trading, Blue Helix has enjoyed rapid growth to become one of
the UK's leading suppliers of networking products. Blue Helix
strives to offer high quality products, excellent customer service
with a strong emphasis on building long lasting relationships. More
information at www.bluehelix.co.uk
About RiT Technologies
RiT is a leading provider of cabling, DCIM and IIM solutions and
a developer of an innovative indoor optical wireless technology
solution. Our DCIM and IIM products provide network utilization for
data centers, communication rooms and work space environments. They
help companies plan and provision, monitor and troubleshoot their
communications networks, maximizing utilization, reliability and
physical security of the network while minimizing unplanned
downtime. Our solutions are deployed around the world, in a broad
range of organizations, including data centers in the private
sector, government agencies, financial institutions, airport
authorities, healthcare and education institutions. Our Beamcaster™
product is the first of our indoor optical wireless technology
solutions. It is designed to help customers streamline deployment,
reduce infrastructure design, installation and maintenance
complexity and enhance security in a cost effective way. 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: Elan Yaish, CFO
+972-77-270-7210
elan.yaish@rittech.com
RIT Technologies (CE) (USOTC:RITT)
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