Cemtrex Inc (CETX)

[ProfitScout]

Cemtrex Announces Plans for New SmartDesk that Enables Docking Laptops

Long Island City, NY, April 03, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that the Company is developing a new SmartDesk, that will have similar features of the current SmartDesk except it will allow users to dock their existing laptop or desktop computer. Development for this version is currently underway and the Company expects to have it available in the market to purchase by Fall 2019.

This new SmartDesk will allow users to connect their own laptop or desktop computer to the workstation via one USB port and enjoy similar functionality that the current SmartDesk provides. This SmartDesk will also work with Mac laptops and Mac desktops.

The SmartDesk is currently positioned to replace a traditional Windows desktop PC workspace. Laptop PCs represent approximately 65% of the total PC market with about 165 million units shipped annually. This docking enabled SmartDesk opens the total available market for the product up by 150%.

“We received input from many of our large corporate customers that they would buy large quantities if their employees could use their existing laptops with the SmartDesk, as they absolutely love the design, functionality and productivity it provides. Additionally, since the day we launched SmartDesk we received thousands of requests that we make the product Mac enabled so we are planning to do just that with this upcoming version,” said Mr. Saagar Govil, CEO of Cemtrex. “Allowing docking of laptops opens the market up substantially for us and enables us to bring the cost down by removing the PC we sell with the current product. This makes it even more flexible and attractive for both consumers and enterprises to purchase SmartDesks,” continued Mr. Govil.

Cemtrex’s SmartDesk is poised to be most advanced workstation on the market. A blend of futuristic hardware and groundbreaking productivity software, the SmartDesk delivers an efficient user experience in a luxurious package. With a 72-inch, high resolution multi-touch display (with integrated proprietary touch and touchless gestures as well as the ability to draw and scan documents directly on the desk), wireless connectivity for full access to the cloud, and next-generation wireless charging capabilities for mobile devices, the SmartDesk is the next step in the evolution of the modern workplace.

The Company has received demand for SmartDesks from customers in a variety of different industries and for planned uses in different applications. The Company continues to receive orders for use in financial companies, logistics companies, call centers, innovation labs, universities, engineering firms, advertising firms, software developers, and many more.

To learn more and stay updated about SmartDesk, please visit http://www.smartestdesk.com.

About Cemtrex

Cemtrex, Inc. (NASDAQ: CETX) is a diversified technology company driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, advanced electronic systems, industrial solutions, and intelligent security systems. Cemtrex is the manufacturer of the SmartDesk, the world’s most advanced workstation. Find us on the web at http://www.cemtrex.com.

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 Cemtrex’s proposed offering of securities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties, including those described in Cemtrex’s SEC periodic reports and other filings, that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.

Investor Relations
Cemtrex, Inc.
Phone: [phone]
[e-mail]

General Inquiries
[e-mail]