Cemtrex (CETX) Sees Surge in Demand for its IS 2500 In-Situ NDIR Multi Gas Analyzer

FARMINGDALE, N.Y.--(BUSINESS WIRE)-- Cemtrex (NASDAQ: CETX) announced today that it is seeing a surge in demand for its innovative IS 2500 Multi Gas Analyzer. The company has received multitude of orders from a diverse set of companies around the world for its proprietary state of the art emissions monitoring analyzer.

The IS 2500 Multi Gas Analyzer is an In-situ stack mounted emissions monitoring system that can measure several process gases at a fraction of the cost of comparable extractive systems. Due to recent advances in technology, Cemtrex has made it possible to have a low cost in-situ type analyzer instead of an expensive extractive type system that can deliver precise measurements of methane, carbon dioxide, oxygen, nitrogen oxides, carbon monoxide and others. The IS 2500 has a plethora of applications in virtually all manufacturing and industrial trades, from large utilities to small asphalt plants.

Cemtrex’ CEO, Saagar Govil, commented, “In many emerging economies, companies cannot afford a high priced extractive system so they are looking for our high-quality economical alternative. With the IS 2500 we have delivered exactly that. I am pleased to say that we are expanding our production capability to keep up with the strong demand.”

According to a recent report from McIlvane & Co., the worldwide CEMS market is around $1.2B with the majority of growth to be in emerging markets over the next five years.

About Cemtrex, Inc.

Cemtrex, Inc. (NASDAQ:CETX) is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges. Cemtrex provides manufacturing services of advanced custom engineered electronics, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities.
www.cemtrex.com

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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. These forward looking statements are not a guarantee of future performance. This release may contain Non-GAAP financial information and are not calculated or presented in accordance with US GAAP. The Company believes that the presentation of non-GAAP financial measures provides useful information to management and investors regarding underlying trends in its consolidated financial condition and results of operations. The Company's management regularly uses these supplemental non-GAAP financial measures internally to understand, manage and evaluate the Company's business and make operating decisions. These risks and uncertainties are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Except as may be required by applicable securities laws, we do not undertake any obligation to revise or update any forward-looking statements contained in this release.

Investor Relations
Cemtrex, Inc.
Saagar Govil, 631-756-9116
investors@cemtrex.com

Source: Cemtrex, Inc.