Cemtrex Inc. Provides 2010 Outlook and Finishes Year Ended Sept. 30, 2009 with $6.9 Million in SalesCemtrex Inc. Provides 2010 Outlook and Finishes Year Ended Sept. 30, 2009 with $6.9 Million in SalesFARMINGDALE, N.Y., Jan. 13– Cemtrex Inc. (OTC: CTEI), an emerging leader in environmental and energy efficiency technologies, today provided a business update and reiterated its expectation that 2010 will be another transformational year as the company forges ahead with plans to become a leading global environmental and energy efficiency systems technology company. Business Details: Cemtrex is a rapidly growing company with the following distinct business areas: (i) Emission Monitors: (ii) Energy Efficiency: (iii) Carbon Credits: (iv) Environmental Control Systems: 2009 Market Highlights: 2010 Outlook: We have launched a massive nationwide marketing campaign to promote Green DCV with architects, HVAC contractors and building owners. Green DCV has also been approved for energy rebate by several large utilities nationwide. We expect increased Green DCV sales volume in fiscal 2010 due to greater demand for energy efficiency products nationwide. We also expect to secure additional orders for our MCDR technology in 2010 due to continued growth in the carbon credits business. We expect to secure several large orders for environmental control systems through our subsidiary Griffin Filters as the demand for such systems is on the rise globally. At Cemtrex, we are passionate about our business model and the results that we can derive from it within the next few years. We strongly believe that the combination of our continued dedicated pursuance of opportunities and the current climate of emphasis on energy efficiency and reduction of greenhouse gases, that holds the potential to drive growth, will help boost our annual revenues in FY 2010. From a stock market perspective, we continue to create shareholder value, by providing maximum transparency into our operations, relaying our growth story to a greater audience, and establishing a line of communication to institutional investors. We are working hard to build a profitable company that will be a dominant market leader within the next few years. At this point, we would like to thank our long-term shareholders, who have been with us from “Pink Sheet” days, for their continued interest and reiterate our promise of making 2010 another lucrative year for them. Cemtrex Inc. is a worldwide emerging market leader in manufacturing and selling the most advanced instruments for emission monitoring of particulate, opacity, mercury, sulfur dioxide, nitrogen oxides, etc. and filtration products for the industry. Cemtrex also markets Green DCV, an innovative energy efficiency solution for high-quality green building applications, through optimizing HVAC control systems. Cemtrex provides technologies and services for abatement of greenhouse gases pursuant to the Kyoto Protocol and assists customers in creating and selling carbon credits from such projects. 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 |
|
WSR Recommends |
||
| Special Deal for Our Readers (That’s You!) | Jim Cramer: The Clown That Makes You Money | Get Rich with Fibonacci. Learn How to Use Fibonacci Analysis to Trade Better. |

