Cemtrex Receives $1.5M in New Security Related Orders for Border Control

Brooklyn, NY, Oct. 23, 2019 (GLOBE NEWSWIRE) --  – Cemtrex Inc. CETX CETXP, CETXW))), a world leading technology company, announced today that the company received over $1.5M in new orders in its Advanced Technology segment.

The Company's new orders were driven primarily by a large government agency customer responsible for US border security. The orders were for video surveillance equipment, including software and hardware, that the Company markets through its Advanced Technology segment and are expected to be fulfilled this quarter. The Company expects that as border security remains a hot button issue, the potential for multiple additional orders of similar size exists over the next 24 months.

About Cemtrex
Cemtrex, Inc. (CETX) is a diversified technology company that's driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, digital technology solutions, industrial solutions, and intelligent security systems.
www.cemtrex.com

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