RiT Technologies Reports Results of Special Meeting of Shareholders
December 09 2015 - 9:00AM
RiT Technologies (NASDAQ:RITT) (the "Company"), today announced
that at its Special Meeting of Shareholders held on December 7,
2015, all of the items on the agenda were approved by the Company's
shareholders.
These items were: (1) approval of the Software Development
Agreement with Stins Coman Incorporated, the Company's controlling
shareholder; (2) approval of the employment terms of two executive
officers in RiT and in its majority-owned subsidiary, RiT Wireless;
and (3) approval of the Services Agreement with Stins Engineering
Pte, an affiliate of the Company's controlling shareholder.
For additional information see the Company's proxy statement-
Exhibit 99.2 to the Company's Form 6-K filed with the SEC on
November 2, 2015 (at http://www.sec.gov).
About RiT Technologies
RiT Technologies (NASDAQ:RITT) is a leading provider of
converged IT infrastructure management and connectivity solutions.
RiT offers a platform that provides a unified way to manage
converged systems and services to improve network utilization,
streamline infrastructure operations, reduce network operation
cost, optimize future investments and enhance data security.
RiT's connectivity solutions include IIM - Intelligent
Infrastructure Management, high performance end-to-end structured
cabling solutions.
RiT Technologies' subsidiary RiT Wireless Ltd. produces a range
of optical wireless solutions under the Beamcaster brand, which
provide high speed, highly secure data communications across indoor
open spaces.
Deployed around the world in data centers, large corporations,
government agencies, financial institutions, telecommunications,
airport authorities, healthcare organizations and educational
facilities. RiT's shares are traded on the NASDAQ Capital Market
under the symbol RITT.
For more information, please visit our website:
www.rittech.com.
CONTACT: COMPANY CONTACT:
Yossi Ben Harosh, CEO
+972-77-270-7200
yossibh@rittech.com
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