RiT Hires Veteran Sales Director to Promote Accelerated Growth in UK

     RiT Hires Veteran Sales Director to Promote Accelerated Growth in UK

Rob Tansley Recruited to Open New Verticals and Spearhead Sales Effort

PR Newswire

TEL AVIV, Israel, February 20, 2013

TEL AVIV, Israel, February 20, 2013 /PRNewswire/ --

RiT Technologies (NASDAQ: RITT) today announced that it has appointed Rob
Tansley, an 18-year veteran from the Data Center IT industry, to manage its
UK-based sales activities. As RiT's UK Sales Director, Mr. Tansley has been
given the task of spearheading the Company's accelerated sales efforts in
high-potential UK markets, including the establishment of new partnerships and
opening new vertical markets.

For 10 years prior to representing RiT Technologies, Mr. Tansley managed a
number of successful EMEA sales teams in the data center infrastructure
market.

Commenting on the news, Dr. Vadim Leiderman, RiT's President and CEO, said,
"Rob is a dynamic professional with a proven track record, impressive
knowledge and broad contacts throughout the industry. We have mandated him
with expanding our business beyond our existing client base in the financial,
transport and public sectors, and with growing the market share of our DCIM
and IIM products throughout the UK. With the right products and the right
sales approach, we aim to assure that RiT is the logical choice for every IT
and data center manager looking for flexible, highly cost-effective solutions
that integrate the industry's most advanced software, hardware and cabling
components."

Rob Tansley added, "I am excited to join the company that pioneered the entire
IIM concept, and that is now bringing game-changing technologies to the data
center world. The reality of today's data centers is overwhelming: with
literally millions of servers being deployed in massive data centers for
cloud-based applications and global knowledge bases, IT teams are finding it
nearly impossible to track connectivity, provisioning, power and cooling
resources without specialized systems. As such, the time has arrived for the
break-out of managed infrastructure, and we at RiT, with the right products,
the right knowledge and the right approach, will lead the charge." 

For more information on RiT's intelligent products and services, visit:
http://www.rittech.com.

About RiT Technologies

RiT is a leading provider of intelligent infrastructure management (IIM)
solutions and a developer of a new revolutionary 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 while minimizing unplanned downtime. RiT's IIM solutions are deployed
around the world, in a broad range of organizations, including: data centers,
enterprises, corporations, government agencies, financial institutions,
airport authorities, healthcare institutions, and education institutions.
RiT's indoor optical wireless technology solution will help our clients
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 exchange under the symbol RITT.
http://www.rittech.com

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.
For example, when we discuss possible accelerated growth in UK we are using a
forward-looking statement. 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. We are under
no obligation, and 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.

COMPANY CONTACT:
Elan Yaish, CFO
+972-77-270-7210
elan.yaish@rittech.com

SOURCE RiT Technologies Ltd
 
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