Cemtrex Negotiating on Over $9.7 Million in Project Proposals
FARMINGDALE, N.Y., June 7 /PRNewswire-FirstCall/ -- Cemtrex, Inc. (OTC: CTEX) announced that it is currently negotiating on numerous projects with various utilities, refineries and other industrial companies totaling over $9.7 million. The Company expects that a substantial portion of these projects shall be finalized within the next 3-6 months. "We are seeing a great deal of interest from our existing customers for our new emission monitors," said Aron Govil, CEO & President of Cemtrex, "because we provide the unique advantage of integrating their existing systems with our new emission instrumentation & software thereby offering a single source responsibility to the customer." Cemtrex is engaged in manufacturing and selling the most advanced instruments and software to measure stack gas emissions from utilities and industries and is a vital part of the emerging emissions trading market. The Company also provides monitoring systems of atmospheric concentrations of hazardous gases, certain biological agents and other toxins. The Company's products are sold to power plants, refineries, chemical plants, cement plants and other industries, including federal and state Governmental agencies. Safe Harbor Statement This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. For further information please contact: Aron Govil CEO & President Cemtrex, Inc. 19 Engineers Lane Farmingdale, NY 11735 (631) 756-9116 ext. 24 Direct: (516) 816-1400 URL: http://www.cemtrex.com This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Cemtrex, Inc.
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