Brooklyn, NY, June 23, 2020 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today provided an update on its business regarding the current environment and near term outlook.

New connected services for sharing latest technologies, technical training, and field support

“Direct part” manufacturing suppliers offered complimentary AIAG membership

·    Solution combines elements of Siemens’ Xcelerator portfolio and IBM Maximo to continuously improve product performance, maintenance and operations

·    Establish a digital thread between product design, equipment manufacturers and owner/operators to help reduce equipment downtime and increase production capacity