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RiT Technologies (RITT) Forms Strategic Partnership with Samsung Fiber Optics for PatchView™ IIM Solutions

|Includes: RiT Technologies Ltd. (RITT)

RiT Technologies, a developer of intelligent physical layer management solutions for the control, utilization, and maintenance of networks worldwide, recently announced that it has entered into a strategic partnership with Samsung Fiber Optics, which will allow Samsung Fiber Optics to market, retail, and distribute RiT’s PatchView™ intelligent infrastructure management (NYSE:IIM) solution on an OEM basis.

For the partnership’s very first project, Samsung Fiber Optics has distributed a cutting edge PatchView™ IIM system in one of Korea’s biggest convention and exhibition centers. The highly visible installation displays the growing traction of the managed infrastructure concept in Korea, a market where managed infrastructure systems are becoming increasingly present in enterprise, commercial, and residential settings.

“We are extremely excited about this milestone partnership. The new relationship has already contributed its first significant deal and we believe it will make a strong impact on our sales success in the future,” commented Eran Ayzik, RiT’s President & CEO.

“The fact that this industry player feels the need to add IIM to its portfolio reflects a sharp rise in market demand, especially in its home market of Korea. This is an encouraging trend for RiT, which is recognized as the most experienced IIM player by far, with reliable, field-proven technologies and support capabilities.”

Mr. Ayzik stated, “We are committed to work closely with Samsung Fiber Optics to bring PatchView’s proven benefits to its top-tier customers. In parallel, we will continue working to establish additional partnerships as the key for expanding our reach into additional high-potential regions.”

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