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TheStreet Open House

RiT Technologies Secures More Than $1.75 Million In Orders From Brazilian Partner Furukawa Industrial S.A. (FISA)

Stock quotes in this article: RITT

About Furukawa (FISA)

A manufacturer of structured cabling solutions and optical fiber networks, Furukawa (FISA) is the leader of the structured cabling industry in the Mercosur region and has a growing presence in Latin America. This Japanese firm has been active in the Latin America area for the last 37 years. It has industrial units in Curitiba, Paraná, and Sao Paulo ( Brazil), and Buenos Aires ( Argentina), which meet regional needs and enhance the logistics of product distribution for the Ibero-American market. Furukawa (FISA) operates through a network of authorized resellers, integrators, and training centers throughout the region.

FISA is a subsidiary of Furukawa Electric Company, Ltd. ( www.furukawa.co.jp/english), an $11 billion global leader in the design, manufacture and supply of fiber optic products, network products, electronics components, power cables, nonferrous metals, and other advanced technology products headquartered in Tokyo.

About RiT Technologies

RiT is a leading provider of IIM solutions and a developer of an innovative indoor optical wireless technology solution. Our IIM products provide and enhance security and 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 IIM 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 Beamcasterâ„¢ 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.

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