Cemtrex Inc. Receives $700,000 in New Video Surveillance Systems Orders for Municipal Buildings
January 15, 2020 at 08:45 am
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Cemtrex Inc. announced that the company received a new order over $700,000 in its Advanced Technology segment. The Company’s new order was for several municipal buildings including correctional facilities located in the Southern United States. The orders were for video surveillance equipment, including software and hardware, that the Company markets through its Advanced Technology segment and are expected to be fulfilled this quarter.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.