Cemtrex to Host Investor Webinar on Dec. 11 to Provide Update on Flagship IoT Product, SmartDesk
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
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Source: GlobeNewswire
Farmingdale, NY, Dec. 11, 2018 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a leading global technology and manufacturing company, will host an investor webinar and live Q&A session on Tuesday, December 11, 2018 at 1 p.m. EST. The webinar will feature a presentation by Saagar Govil, CEO of Cemtrex. Govil will provide news on the Company’s flagship IoT product, SmartDesk, the world’s most advanced workstation, with delivery of the initial orders of the SmartDesk expected in 1Q19 at prices ranging between $4,000 and $6,000 per desk, with gross margins of over 30%. The SmartDesk is poised to disrupt the highly commoditized desktop PC market, which is worth about $80 billion. Cemtrex has received orders of SmartDesks from the City of Atlanta and United Airlines, and now has more than 800 pre-orders for the SmartDesk. The Company envisions selling 100,000 SmartDesks per year within three years. To view the webinar, please visit https://www.redchip.com/events/35/ce
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