Изменения в составе Совета Директоров RiT Technologies



Tel Aviv, Israel – March 19, 2002 – RiT Technologies (NASDAQ: RITT), a leading provider of integrated networks management solutions, today announced the appointment of two telecom industry leaders, Dr. Hagen Hultzsch and Mr. Israel Frieder, to the Board of Directors of the Company. This brings the number of Board members to seven.

For the past nine years, Dr. Hagen Hultzsch has served as a Member of the Board of Management of Deutsche Telekom, heading its Technology and Services Division. Previously, he was Corporate Executive Director of Volkswagen AG’s Organization and Information Systems Division, and Director of the Technical Services Group of EDS (Electronic Data Systems) Germany. Dr. Hultzsch until recently was Chairman of the Supervisory Boards of T-Venture-Holding and is Chairman of T-Systems Solutions for Research. He also serves on the boards of several other hi-tech companies. Trained as a nuclear physicist, Dr. Hultzsch received his Ph.D. from Johannes Gutenberg University in Mainz, Germany.

Mr. Israel Frieder is one of Israel’s most experienced telecommunications industry veterans. Most recently, he served as Corporate VP of Business Development and Strategic Planning of ECI Telecom Ltd. During the prior two decades, he served as president of a number of ECI Telecom subsidiaries, Tadiran Telecommunications Ltd., and Tadiran Ltd. Mr. Frieder also served on the Board of Directors of many Israeli telecommunications industry companies, including PelePhone (Motorola Tadiran Cellular Ltd.), Israel’s first cellular service provider. Mr. Frieder holds a B.Sc. in Electrical Engineering from the Technion-Israel Institute of Technology, and an M.B.A. in Operational Research from the Hebrew University in Jerusalem.

Commenting on the appointments, Yehuda Zisapel, Chairman of the Board of Directors, said, “We are honored that these distinguished individuals, each with such long and successful careers in the industry, have joined our Board of Directors. Both bring RiT a wealth of global telecommunications industry knowledge and contacts, together with extensive managerial experience. We believe their advice and understanding of our markets will prove invaluable as we pursue the full global potential of RiT’s exceptional products.”

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