TEL AVIV, Israel, September 23 /PRNewswire-FirstCall/ -- RiT Technologies (NASDAQ:RITT) today announced that the NASDAQ Hearings Panel, following the Company's regaining of compliance with the minimum bid price requirement of $1.00 per share, has determined to continue the listing of RiT shares on the NASDAQ Capital Market. To achieve compliance, the Company effected a one-for-eight reverse share split of its outstanding Ordinary Shares on August 24, 2009, decreasing the number of its authorized Ordinary Shares to 4,997,471.2 and the number of its Ordinary Shares outstanding to approximately 2,604,428. For a period of 20 trading days, the Company's NASDAQ symbol was changed to RITTD, and returned to RITT on September 22, 2009. About RiT Technologies RiT is a leading provider of intelligent solutions for infrastructure management, asset management, environment and security, and network utilization. RiT Enterprise solutions address datacenters, communication rooms and workspace environments, ensuring maximum utilization, reliability, decreased downtime, physical security, automated deployment, asset tracking, and troubleshooting. RiT Environment and Security solutions enable companies to effectively control their datacenters, communications rooms and remote physical sites and facilities in real-time, comprehensively and accurately. RiT Carrier solutions provide carriers with the full array of network mapping, testing and bandwidth qualification capabilities needed for access network installation and service provisioning. RiT's field-tested solutions are delivering value in thousands of installations for top-tier enterprises and operators throughout the world. For more information, please visit our website: 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 continued listing on NASDAQ, 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: Simona Green VP Finance +972-3-766-4249 DATASOURCE: RiT Technologies Ltd CONTACT: Company Contact: Simona Green, VP Finance, +972-3-766-4249,

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