This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

RiT To Provide Its IIM Solution For Datacenter Management To Global Financial Institution

TEL AVIV, Israel, June 30, 2011 /PRNewswire/ --

 

RiT Technologies (NASDAQ: RITT ), the world-leading provider of intelligent infrastructure solutions, today announced that it has received several major new orders from one of its largest customers, a top-tier diversified financial services company. The orders, which total over one million dollars, are for the expansion of the PatchView™ intelligent infrastructure management (IIM) systems currently deployed in the client's international headquarters and central datacenters.

This global account has been a satisfied RiT customer for many years, and credits RiT's PatchView(TM) with having helped it maximize network continuity, minimize ongoing maintenance costs, enforce physical layer security and simplify infrastructure planning. The projects will include the implementation of IIM systems in new datacenter and people workspace facilities in branch offices, and the integration of the RiT solution throughout the organization with the customer's internal systems.

"We are proud of the relationship we have built with this prestigious customer, who became one of the industry's earliest adopters of our PatchView IIM, and quickly came to rely on it as a strategic infrastructure management tool," said Eran Ayzik, RiT's President and CEO. "Over the years, our deployments in the customer's mission-critical headquarters and datacenter networks have proved PatchView's ability to streamline complex infrastructure operations and to slash the time required to deploy large-scale projects. In addition, we have differentiated ourselves consistently through our ability to support the customer through all the stages of the project with tailor-made and customized solutions."

Mr. Ayzik continued, "Now that the IIM concept is gaining mainstream acceptance from additional top-tier enterprises, we are benefiting from our extensive track record with this and other satisfied customers worldwide. We believe this will help us secure additional large-scale customers, and hopefully to form relationships that translate into multi-year streams of ongoing revenues."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,758.85 -121.51 -0.72%
S&P 500 1,955.25 -14.82 -0.75%
NASDAQ 4,428.1830 -34.7190 -0.78%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs