Cemtrex to Acquire Portable Emissions Analyzer Product Line
May 22 2007 - 11:00AM
PR Newswire (US)
FARMINGDALE, N.Y., May 22 /PRNewswire-FirstCall/ -- Cemtrex Inc.
(OTC:CTEX) announced today that it is considering acquiring a
portable multi- gas analyzer product line that would complement its
existing stationary Continuous Emission monitoring systems (CEMS).
Portable emissions analyzers are used to measure nitrogen oxides,
carbon monoxide, oxygen and soot along with optimizing fuel
efficiency in industrial burners, process heaters, combustion
engines, heat & electricity boilers, etc. "The portable
analyzer is a multi-billion-dollar market that is growing very
rapidly due to energy efficiency requirements," said Mr. Aron
Govil, CEO & President of Cemtrex, "and it will expand our
existing business by allowing us to sell additional products to
many of our existing customers." Cemtrex through its MIP division
is engaged in manufacturing and selling the most advanced
instruments for emission monitoring of particulate, opacity,
mercury, sulfur dioxide, nitrogen oxides, etc. Cemtrex also
provides turnkey services for carbon creation projects from
abatement of greenhouse gases pursuant to the Kyoto Protocol and
assists project owners in the selling of carbon credits globally.
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: Cemtrex Inc. 19 Engineers Lane
Farmingdale, NY 11735 URL: http://www.cemtrex.com/ Email: (516)
816-1400 DATASOURCE: Cemtrex Inc. CONTACT: Cemtrex Inc.,
+1-516-816-1400, Web site: http://www.cemtrex.com/
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