Market Overview

Cemtrex Announces Proposed Public Offering of Common Stock


Inc. (NASDAQ:CETX, CETXP, CETXW)), a leading technology and
manufacturing company, announced today that it intends to offer and sell
1,000,000 shares of its common stock in an underwritten public offering.
In connection with the offering, Cemtrex intends to grant the
underwriter an option for a period of 45 days to purchase up to an
additional 15% of the aggregate number of shares of common stock to be
sold in the proposed offering. The proposed offering is subject to
market and other conditions, and there can be no assurance as to whether
or when the offering may be completed or as to the actual size or terms
of the offering.

Cemtrex intends to use the net proceeds from the proposed offering to
further its development, sales and marketing of the SmartDesk, its
proprietary advanced technology workspace solution, and for general
corporate purposes.

Aegis Capital Corp. is acting as the sole book-running manager for the
proposed offering.

The proposed offering is being made pursuant to a shelf registration
statement on Form S-3 (File No. 333-218501) filed with the U.S.
Securities and Exchange Commission (the "SEC") on June 5, 2017, which
became effective on June 14, 2017. A preliminary prospectus supplement
and accompanying prospectus relating to the proposed offering have been
filed with the SEC and may be obtained by visiting the SEC's website at
or by contacting Aegis Capital Corp., 810 Seventh Avenue, 18th
Floor, New York, NY 10019, by telephone at (646) 502-2434 or by email at
The final terms of the proposed offering will be disclosed in a final
prospectus supplement to be filed with the SEC.

This press release does not constitute an offer to sell or solicitation
of an offer to buy any securities in the proposed offering. Nor shall
there be any sale of these securities in any state or jurisdiction in
which such offering, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
state or jurisdiction.

About Cemtrex

Cemtrex, Inc. is the manufacturer of the SmartDesk, a highly advanced
workstation. Cemtrex is a diversified technology company that's driving
innovation in a wide range of sectors, including smart technology,
virtual and augmented realities, advanced electronic systems, industrial
solutions and intelligent security systems. For more information, visit
us at

Safe Harbor Statement

This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements relating to our new product offerings 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. These risks and uncertainties include, but are not limited
to: operational losses and negative cash flows; any need for additional
financing; market acceptance of our products; our ability to manufacture
and develop effective products and solutions; indebtedness to our
lenders; current and future economic conditions that may adversely
affect our business and customers; potential fluctuation of our revenues
and profitability from period to period which could result in our
failure to meet expectations; our ability to maintain adequate levels of
working capital; our ability to incentivize and retain our current
senior management team and continue to attract and retain qualified
scientific, technical and business personnel; our ability to expand our
product offerings or to develop other new products and services; our
ability to generate sales and profits from current product offerings;
rapid technological changes and new technologies that could render
certain of our products and services to be obsolete; competitors with
significantly greater financial resources; introduction of new products
and services by competitors; challenges associated with expansion into
new markets; and other factors discussed under the heading "Risk
Factors" contained in our most recent annual report on 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 federal securities law.

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