Cemtrex Receives New Orders Totaling over $5 Million for Products in Medical Devices, Wearable Electronics, and Industrial Markets
January 20, 2015 at 08:40 am EST
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Cemtrex Inc. announced that the company has received new orders in excess of $5,000,000 in its electronics manufacturing business. Deliveries of the new products are expected to begin early in 2015 and continue over the next 12 months primarily to European and global original equipment manufacturers. Approximately half of the new orders were related to the medical devices industry and the remaining orders were from a variety of industries including wearables, industrials, and automotives.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.
CEMTREX, INC. 
