| Business Summary | | RiT
Technologies
Ltd.
is
a
leading
provider
of
integrated
network
management
solutions
for
the
communications
market.
RiT's
extended
line
of
integrated
management
solutions
address
the
needs
and
demands
of
the
rapidly
evolving
and
changing
markets
in
both
telecommunications
(telecom)
and
data
communications
(datacom).
In
the
telecom
field,
RiT's
solutions
address
the
needs
of
the
telephone
companies
(telcos)
to
increase
customer
satisfaction,
increase
revenues
and
decrease
costs
in
order
to
compete
with
other
access
providers.
RiT
is
engaged
in
the
development,
manufacture
and
sale
of
telco
outside
plant
management
and
qualification
systems
that
enables
the
telcos
to
capitalize
on
their
copper
infrastructure,
their
most
valuable
weapon
in
their
competition
with
other
access
providers.
In
the
datacom
field,
RiT's
solutions
address
the
needs
of
the
vast
and
complex
networks
of
enterprises
by
adding
a
new
dimension
to
conventional
network
management:
physical
layer
management
capability. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RITT
is
a
leading
provider
of
integrated
network
management
solutions
for
the
communications
market.
RITT's
solutions
address
the
needs
and
demands
of
the
data
communications
and
telecommunications
markets.
For
the
six
months
ended
6/30/01,
sales
rose
47%
to
$22.8
million.
Net
income
rose
from
$276
thousand
to
$1.7
million.
Revenues
reflect
strong
growth
in
both
the
telecom
and
datacom
sectors
and
new
customers.
Net
income
also
reflects
improved
gross
and
operating
margins. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Yehuda Zisapel, 58 | Chairman | Liam Galin, 32 | Pres,
CEO, Director | Daniel Erdreich | CFO | Roni Karp, 54 | VP-Operations | Avi Kovarsky, 44 | VP
of Sales and Marketing, Data Communications Systems |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|