Remember, this is a NASDAQ listed, SEC reporting company, so they cannot lie on the reports. It would really help the perception of the company if they had a nationally known auditing firm looking at the books.
Also, one order of the IS-2500 monitor would really help.
FARMINGDALE, N.Y. , Dec. 30, 2016 /PRNewswire/ -- Cemtrex Inc. (Nasdaq: CETX), a world leading industrial and manufacturing solutions company, announced today that it will show case its IS-2500 In-situ monitor as a Special Sponsor in the upcoming EUEC 2017 ( Energy, Utility and Environment Conference ) from Feb 8-10 th in San Diego, CA.
The IS-2500 provides direct in-situ measurements with real time online process measurements designed to avoid the extensive gas sample extraction and conditioning associated with conventional monitors which add to the cost, maintenance and cause delay in process controls. Industrial facilities are now able to balance between 'product give away' and 'off-spec' products which results in enormous savings that pays back the cost of the IS-2500 system within a very short time. IS-2500 incorporates advanced Electro-optics and NDIR Technology, and therefore has very low CAPEX and OPEX compared to other available technologies in the market today.
"The global market for environmental monitoring & process automation has been growing steadily at a CAGR of 3.34% from 2014 and is expected to reach $19 billion by 2020; thus we are looking forward to double digit growth for IS-2500 due to need for automation, productivity improvements and process optimization in Industries such as: chemicals, oil & gas, water treatment, pharmaceutical, cement, energy and utilities," said Saagar Govil, Chairman & CEO of Cemtrex . "We are also in dialog with multi-national companies like ABB, Rosemount and Siemens for possible OEM partnerships to expand our markets globally," continued Mr. Govil.
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