TEL AVIV, Israel
Feb. 3, 2014
RiT Technologies Ltd.
(NASDAQ CM: RITT) the leading provider of IIM solutions and a developer of an innovative indoor optical wireless technology, today announced its first order for its Beamcaster product from a leading software and IT company in
. The customer placed an initial order to purchase five Beamcaster systems, which will be deployed on-premises at a beta site facility. RiT will leverage this order to officially launch a new sales and marketing effort focused on the Chinese market.
"We are extremely excited to introduce Beamcaster into
and penetrate a new market," commented Mr.
, RiT's President and CEO. "There is a tremendous opportunity in the region for a flexible, ultra-high bandwidth networking alternative that is secure and more cost effective than structured cabling. We believe Beamcaster is an ideal solution for the enterprise environment and we look forward to gaining market acceptance for this new technology."
About RiT Technologies
RiT Technologies (NASDAQ: RITT) 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 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.