CTEI.OB...SEE pr--and so we begin. Fact that these units are being installed already is a testament to mgmt's foresight ref the Green DCV technology. It was expected that the early orders would not be in the top end dollar range...what is important is the buzz being formed now and the fact that installs are beginning. This can grow very rapidly just thru word of mouth along with mgmt's sales endeavors which have been underway for some time...thus the early wins on the Green DCV system just announced a month plus ago.. I expect to see a steady and strong increase in both sales/installs going forward as well as an increase in the size of the DCV systems being installed....the resulting revenues and profits as CTEI gets rolling on the sales of these systems could be dramatic as the size of the orders increase. I expect to get some trade press as well.
As I said yest btw TSTA and CTEI you have a lot of the game wrapped up ref all kinds of threads that go out from emissions controls, climate control, environmental aspects, carbon credits and trading of same...they make a powerful pair in out small world down here. I expect great things from both stocks.
Federal-regional-local Gov't agencies, depts and going to gravitate quickly to the CTEI DCV---it fill a basic tenet of the stim plan in terms of retrofitting tens of thousands of buildings across the USA to be more energy efficient. CTEI's DCV is perfect for this need which is blared loud and strong in the AMERICAN RECOVERY ACT.THIS ASPECT alone makes this a 2.00 stock today--right now. It's all coming down the pike and the pace is quickening.
Today--
(PR NEWSWIRE) Despite Economy Woes Cemtrex Green DCV Continues to Thrive
Despite Economy Woes Cemtrex Green DCV Continues to Thrive
FARMINGDALE, N.Y., July 8 /PRNewswire-FirstCall/ -- Cemtrex Inc. (OTC: CTEI) an
nounced that it has finalized a couple of orders for its Green DCV system to be
installed in the next few months. The first order is with Construction Art Inc.
for their four Dunkin' Donuts locations in Massachusetts. The second order is wi
th an automobile dealership in Long Island.
Cemtrex's Green-DCV system uses carbon dioxide (CO2) sensors to monitor CO2 lev
els inside a building, and then regulate the air-handling system to save energy
and improve air quality. Cemtrex Green-DCV can provide up to 40% in energy savin
gs in buildings where occupancy fluctuates during a 24-hour period, such as offi
ce buildings, government facilities, shopping malls, movie theaters, restaurants
and schools.
"These orders represent all the work and dedication of our technical and market
ing staff in developing, launching and marketing a brand new product into the ma
rketplace in less than a year," said Saagar Govil, Product Manager at Cemtrex. "
In dollar terms they are not that large of sales; however, as more customers see
the benefits of our Green DCV system, we expect these small orders to increase
in quantity and also lead to larger orders in the near future."
Metodi Filipov, V.P. of Operations at Cemtrex, says, "Our Green DCV is piquing
the interest of building owners all across the country. With several installatio
ns being implemented in the next few months it is apparent that despite the curr
ent economic downturn, building owners are willing to spend money if there is a
good return on investment. With a product like our Green DCV system having typic
ally a three-year payback companies like Construction Art are eager to work with
us to save money in the long run."
Art Krebs, the CEO of Construction Art, says, "Every business owner, including
Dunkin' franchisees, has the potential to improve energy efficiency, thereby red
ucing energy used, energy wasted and overall energy costs."
Cemtrex Inc. is a worldwide market leader in manufacturing and selling the most
advanced instruments for emission monitoring of particulate, opacity, mercury,
sulfur dioxide, nitrogen oxides, etc. and filtration products for the industry.
Cemtrex also markets Green DCV, an innovative energy efficiency solution for hig
h-quality green building applications, through optimizing HVAC control systems.
Cemtrex provides technologies and services for abatement of greenhouse gases pur
suant to the Kyoto Protocol and assists customers in creating and selling carbon
credits from such projects. The Company's products are sold to power plants, re
fineries, chemical plants, cement plants and other industries, including federal
and state governmental agencies.
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