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Cemtrex Releases New Higher Spec Version of SmartDesk for High Performance Markets

August 8, 2018

FARMINGDALE, N.Y.--(BUSINESS WIRE)--Aug 8, 2018--Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, today announced the release of a second SmartDesk model with higher specs due to increasing demand for higher performance PCs. The new model will have more hard drive storage, 32GB RAM and a GTX 1060 graphics card.

Along with the new model, the company has released a new table surface option: Stealth Black. The Stealth Black version is a sleek, stylish satin black finish that embodies modern workspace design.

“We’ve been thrilled with the massive response to the SmartDesk since we launched in May,” said Cemtrex’s CEO Saagar Govil. “We’ve also received great feedback from a wide range of companies and individuals, culminating in the development of this new model. The first SmartDesk model still offers a powerful PC that’s suitable for most business applications, but this second model should satisfy the strong demand the Company has received from engineers, designers, video production, developers, and more who require powerful computing in their everyday work environment.”

Anyone who placed a reservation for a SmartDesk will have the option to upgrade before their SmartDesk ships and choose their desired color: Piano Black or Stealth Black.

Cemtrex’s SmartDesk is first product of its kind, designed to bring millions of Americans’ workplaces into the 21st Century. The SmartDesk has already garnered orders and interest from major airlines, world renowned universities, global engineering firms, banks, medical centers and other FORTUNE 500 corporations globally. The SmartDesk has recently received positive reviews and coverage from various tech and consumer outlets, including:

Bloomberg Markets AM Entrepreneur Radio Business Insider The Verge CNET TechSpot DesignMilk, and more.

For more information regarding the SmartDesk please visit https://smartestdesk.com.

About Cemtrex

Cemtrex, Inc. (NASDAQ:CETX) is the manufacturer of the SmartDesk, the world’s most 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.

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 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 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 law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005405/en/

CONTACT: Sales Inquiries

info@smartestdesk.com

1-877-702-2647

or

Media Relations

KCSA Strategic Communications

Anne Donohoe

212-896-1265

adonohoe@kcsa.com

or

Investor Relations

Cemtrex, Inc.

631-756-9116

investors@cemtrex.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS ELECTRONIC DESIGN AUTOMATION HARDWARE INTERNET NETWORKS SOFTWARE AUDIO/VIDEO TELECOMMUNICATIONS NANOTECHNOLOGY PHOTOGRAPHY SATELLITE SECURITY SEMICONDUCTOR MOBILE/WIRELESS VOIP

SOURCE: Cemtrex Inc.

Copyright Business Wire 2018.

PUB: 08/08/2018 09:11 AM/DISC: 08/08/2018 09:11 AM

http://www.businesswire.com/news/home/20180808005405/en

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