Russian gov't financial institution deploys $2.5m RiT solution The order was secured by one of RiT Technologies' long-standing partners in Russia.
Globes correspondent 13 Mar 06 19:11
Intelligent physical layer solutions provider RIT Technologies (Nasdaq: RITT) today announced that it has received a $2.5 million order from one of Russia's major government finance institutions for the deployment of its large scale intelligent physical layer management solution (IPLMS), called PatchView. The system will be deployed in the organization's branches in 74 regions throughout Russia An IPLMS is made up of hardware and software components that monitor an entire network from switches to end devices. RIT Technologies stated that the PatchView solution will reduce downtime and IT maintenance expense for the financial institution, while increasing the physical security of mission-critical networks.
The order was secured by one of RiT's long-standing partners in Russia.
RiT Russian representative office business development director Julia Belova said, "With hundreds of offices spread over the whole of Russia, it was difficult for the institution's IT staff to maintain control of cabling infrastructure expenses, much less to guarantee the security of the vital physical infrastructure.
"RiT's IPLMS is a dream product that will provide an always-accurate, up-to-the-minute picture of the structured cabling topology of every branch. The system's LED-guided moves, adds and changes (MACs) will help eliminate patching errors, together with their associated costs and downtime. Overall, the system will deliver increased control and network uptime, reduced maintenance costs and enhanced physical network security."
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, March 13, 2006