Cemtrex Receives $4.4 Million in New Orders
FARMINGDALE, N.Y., May 14, 2014 /PRNewswire/ -- Cemtrex, Inc. (OTC: CTEI) today announced that the company has received new orders in excess of $4,000,000 across its three business divisions: Monitoring Instruments & Products, Rob Cemtrex, and Environmental systems. Deliveries of the ordered products are expected to begin in the fiscal third quarter of 2014 and finishing by early-2015.
Cemtrex's CEO, Saagar Govil, said, "We have received new orders from both existing and new customers demonstrating our on-going commitment to provide long term value for our customers as well as finding new opportunities in the market. The team at Cemtrex is continuing to perform at a high level."
About Cemtrex, Inc.
Cemtrex, Inc. (CTEI) is a diversified technology company that provides solutions to meet today's industrial challenges. The Company operates through three (3) business divisions consisting of: (1) electronic manufacturing services of printed circuit board assemblies, (2) instruments & emission monitors for industrial processes, and (3) industrial air filtration & environmental control systems.
Cemtrex through its wholly owned subsidiary ROB Cemtrex GmbH (www.robcemtrex.com) provides electronic manufacturing services, which includes printed circuit board assemblies and completely assembled electronic products. The Company sells a complete line of air filtration and environmental control products through its subsidiary Griffin Filters, LLC (www.griffinfilters.com) to a wide variety of industrial and manufacturing industries worldwide. The Company through its Monitoring Instruments and Products (MIP) (www.cemtrex.com) division manufactures sells, and services instruments, software and systems for monitoring emissions of Greenhouse gases, hazardous gases, particulate and other regulated pollutants used in emissions trading globally.
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.
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