Farmingdale, NY, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading
technology and manufacturing company, today announced that the Company will start shipping limited quantities of its breakthrough
SmartDesk this month to select early adopting customers. These customers include, Black & Decker, United Airlines, Modco Media, and
more.
The Company has received demand for SmartDesks from customers in a variety of different industries and for planned uses in
different applications. The Company continues to receive orders for use in financial companies, logistics companies, call centers,
innovation labs, universities, engineering firms, advertising firms, software developers, and many more.
Cemtrex’s SmartDesk is first product of its kind, designed to bring millions of Americans’ workplaces into the 21st Century. The
SmartDesk has already garnered orders and interest from major airlines, world renowned universities, global engineering firms,
banks, medical centers and other FORTUNE 500 corporations globally. The SmartDesk has recently received positive reviews and
coverage from various tech and consumer outlets, including:
For more information regarding the SmartDesk please visit https://smartestdesk.com.
About Cemtrex
Cemtrex, Inc. (NASDAQ:CETX) is the manufacturer of the SmartDesk, the world’s most advanced workstation. Cemtrex is a diversified
technology company that's driving innovation in a wide range of sectors, including smart technology, virtual and augmented
realities, advanced electronic systems, industrial solutions, and intelligent security systems.
www.cemtrex.com
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995, including statements relating to our new product offerings or any proposed fundraising activities. These
forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that
could cause actual results to differ materially from those set forth in or implied by such forward looking statements. These
risks and uncertainties include, but are not limited to: operational losses and negative cash flows; any need for additional
financing; market acceptance of our products; our ability to manufacture and develop effective products and solutions; indebtedness
to our lenders; current and future economic conditions that may adversely affect our business and customers; potential fluctuation
of our revenues and profitability from period to period which could result in our failure to meet expectations; our ability to
maintain adequate levels of working capital; our ability to incentivize and retain our current senior management team and continue
to attract and retain qualified scientific, technical and business personnel; our ability to expand our product offerings or to
develop other new products and services; our ability to generate sales and profits from current product offerings; rapid
technological changes and new technologies that could render certain of our products and services to be obsolete; competitors with
significantly greater financial resources; introduction of new products and services by competitors; challenges associated with
expansion into new markets; and, other factors discussed under the heading "Risk Factors" contained in our Form 10-K filed with the
Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake
no duty to update this information unless required by law.
For further information, please contact: Investor Relations Cemtrex, Inc. Phone: 631-756-9116 investors@cemtrex.com General Inquiries sales@cemtrex.com
