Cemtrex Inc. (CETX) Receives $1M Order for Security Technology System
July 13 2020 - 9:15AM
– Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading
multi-industry technology company that is driving innovation in a
wide range of commercial sectors such as Internet of Things (IoT),
Augmented and Virtual Reality (AR & VR), and Artificial
Intelligence and Computer Vision (AI & CV), today announced the
Company received a $1 Million Order for a security technology
system through its Advanced Technology Segment.
The Company’s new order was for a state-of-the-art video
surveillance security system, including its Valerus software
solution as well as cameras and related storage hardware, for a
large correctional facility in the United Kingdom. The Company
expects to fulfill this order within the current quarter. The
details of the customer were not provided due to confidentiality
agreements in place.
About Cemtrex
Cemtrex, Inc. (CETX) is a leading multi-industry technology
company that is driving innovation in markets such as Internet of
Things (IoT), Augmented and Virtual Reality (AR & VR), and
Artificial Intelligence and Computer Vision (AI & CV) in a wide
range of sectors, including consumer products, industrial
manufacturing, digital applications, and intelligent security &
surveillance systems. www.cemtrex.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements relating to the closing of the offering,
gross proceeds from the offering, our new product offerings,
expected use of proceeds, 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. Statements made herein are as of the date
of this press release and should not be relied upon as of any
subsequent date. These risks and uncertainties are 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.
Press Contact for CETX:
For further information, please contact:
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
General Inquiries
sales@cemtrex.com
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