RiT Technologies Names Industry Veterans Arthur Liu & Dewald Burger as New
Country Managers for China & South Africa
TEL AVIV, Israel, December 9, 2013
TEL AVIV, Israel, December 9, 2013 /PRNewswire/ --
RiT Technologies Ltd. (NASDAQ CM: RITT) today appointed two highly-experienced
communication industry veterans as its new country managers for China and
Mr. Arthur Liu brings RiT 25 years of successful sales team management and
channel-building experience in China, including seven years as Sales Director
and Chief Representative of ADCKrone China, during which he increased Cable
and OEM sales by more than 25% per year.
Mr. Dewald Burger brings RiT 30 years of successful sales, channel building
and business management experience in South Africa, including seven years as
Molex Premise Networks' Business Development Manager.
The new country managers will expand RiT's local sales teams and channel
partners to support the launch of RiT's major new PatchView+™ IIM product
family, the first intelligent infrastructure management solution to provide
both inter-connect and cross-connect topologies.
"We are very excited to welcome Arthur and Dewald, two of our industry's most
respected and connected professionals, on board," commented Assaf Skolnik,
RiT's VP Sales.
"We view the Chinese and South African markets as key growth markets in which
enterprises are constantly looking for new datacenter, network and cabling
solutions, and are therefore highly receptive to innovative products such as
the RiT PatchView+™," added Mr. Skolnik. "Both Country Managers believe RiT's
PatchView+™ addresses the needs of data centers and enterprises in their
regions, by enabling high-level management, improving operations, and cutting
energy and space costs."
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 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.
For more information, please visit our website:http://www.rittech.com , the
content of which is not part of this press release.
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"target", "could" and similar expressions, are forward-looking statements
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While these forward-looking statements represent our current judgment of what
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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
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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.
Elan Yaish, CFO
SOURCE RiT Technologies Ltd
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