NetworkNewsBreaks – Cemtrex (NASDAQ: CETX) Shares Climb on Report of Over $21M in Orders During April

Cemtrex (NASDAQ: CETX) shares surged more than 30% this morning on news that during the month of April the company received more than $21 million in new orders. Among the contracts placed during this period is a three-year agreement worth approximately $15 million for the company’s electronics manufacturing services business in Germany. The contract is the largest order placed with the company to date. “We are experiencing a build out of customer activity as our sales and marketing team ramps up their outreach. The activity we are seeing in our sales pipeline validates our expanded investments in sales and marketing activity over the past several months. Our plan is to continue to make investments in these areas of our business in order to take advantage of the additional bandwidth we have to grow,” chairman and CEO Saagar Govil stated in the news release.

To view the full press release, visit: http://nnw.fm/3l5RN

About Cemtrex

Cemtrex, Inc. (NASDAQ: CETX) is a 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, industrial services, monitoring instruments for industrial processes and environmental compliance, and systems for controlling particulates, hazardous gases, emissions of Greenhouse gases, and other regulated pollutants used in emissions trading globally. For more information, visit www.cemtrex.com

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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