Cemtrex Files 18 Patent Claims Pertaining to its Smartdesk Ahead of the Launch
March 22 2018 - 8:30AM
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading
technology and manufacturing company, today announced that it
has filed a non-provisional patent application with the US Patent
and Trademark Office entitled, “Smart Desk With Gesture Detection
and Control Features” relating to its upcoming Smartdesk product
release. Included in the patent are 18 claims based on intellectual
property developed during the past several months that the company
is seeking to protect.
Cemtrex’s CEO and Chairman, Saagar Govil, commented on the
announcement:
“These patent claims represent brand new technology features
that are nonexistent in any personal electronic device today and
will provide ease of operation and higher productivity to any user
working within their home or office environment. The patents filed
this week are only a fraction of the full breadth of technology we
have created over the past year and we intend to continue a focus
on research and development to maintain a strong pipeline of
innovation. In doing this filing, we have started to create a
“moat” around our upcoming flagship smart device, the Smartdesk,
which will make it difficult for competitors to replicate.”
“This patent application represents a significant milestone for
Cemtrex’s as it is the first patent filing in the Company’s
history. With the establishment of Cemtrex Advanced Technologies in
the summer of 2017, Cemtrex has pursued a strategy to develop
proprietary Internet of Things (IoT), Smart Devices, and Wearable
products. Pursuing intellectual property protection in the form of
patents solidifies Cemtrex’s upcoming products in the planned
product pipeline.”
“We are evolving Cemtrex’s business model from being largely a
service-based engineering organization to include product-based
technology driven segments by leveraging our competencies in
manufacturing, technology, and systems engineering. Our extensive
experience in these areas has given us the core knowledge to
identify key new markets for growth opportunities where we feel we
can competitively create the most technologically advanced
products. We expect this shift will help grow organic revenues at a
faster pace and help drive margin expansion over the long
term.”
“Integrated into the Smartdesk are several key features that are
designed around the 72” touch display area, the largest ever in a
standalone personal computing device, creating the most intelligent
work station experience on the market today. In order to make such
a large touch display area work as best as possible we have
integrated proprietary touch and touchless gestures into the
product which are an important part of the patents we have filed
today. More details about the specific features and gestures will
be shared when we unveil the product in May.”
“We have already received inquiries for the Smartdesk from
financial companies to manufacturing firms and will begin taking
orders in May. We are extremely eager to share this exciting
technology with the world and are looking forward to providing more
details about the product in the coming weeks.”
The patent itself is not public record currently, though it will
become publicly available within 18 months. In the interim, Cemtrex
will be releasing new details on the SmartDesk ahead of its
official release later this Spring, over the coming weeks. For more
information regarding the Smartdesk please visit
www.cemtrexat.com.
About CemtrexCemtrex, Inc. (NASDAQ:CETX) is a
world leading multi-industry company that provides a wide array of
solutions to meet today's technology challenges. Cemtrex provides
manufacturing services of advanced custom engineered electronics,
extensive industrial services, integrated hardware and software
solutions, virtual and augmented reality applications, monitoring
instruments for industrial processes and environmental compliance,
and systems for controlling particulates and other regulated
pollutants. The Company also develops its own proprietary IoT and
wearable devices.www.cemtrex.com
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.
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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