Cemtrex Announces Vicon End-to-End Security System Order for Next Generation Zero-Carbon Prison System in United Kingdom
22 Marzo 2023 - 1:00PM
Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security
technology and industrial services company, has received a $0.8
million order through Vicon Industries for a new prison being built
in the United Kingdom to install a full end-to-end system of
Vicon’s surveillance products including hardware and software.
The new Category C prison, with cell space for
1,400 prisoners, has been designed to incorporate the latest smart
technologies to better protect prisoners, staff and the public. It
will also be the first new prison in the U.K. set to operate as
zero-carbon in the future, with an all-electric design, solar
panels, heat pumps and energy-efficient lighting systems.
The new system from Vicon will include
state-of-the-art video surveillance security capabilities utilizing
the Valerus Video Management System (VMS) and award-winning
Roughneck cameras and servers. The Roughneck is a powerfully
advanced, NDAA-compliant, camera lineup designed for effortless
remote configuration, eliminating tedious and frustrating
installations. This extensive line of vandal-resistant cameras
provides models for every application, ranging from corner-mounted
cameras for in-cell use and super-high resolution, hemispheric
models that can capture every detail in larger spaces like mess
halls and exercise yards. The order is expected to be shipped
partially in the current quarter and into the following quarter.
Details of the customer were not provided due to confidentiality
agreements in place.
“We are delighted to garner another major
enterprise, mission critical project with this full system order
for Vicon’s surveillance solutions. From penitentiaries in the U.S.
to the U.K., our internationally recognized brand Vicon keeps
operations safe for prisoners, workers, and visitors,” said Saagar
Govil, Chairman and CEO of Cemtrex. “The order also reaffirms our
expectation for driving 16% revenue growth to $28 million this year
for Vicon. In the U.S and internationally, corrections facilities
are increasingly focusing on deploying the latest and greatest
technologies and our Valerus system is an example of that. Vicon’s
full-featured video management systems are engineered to streamline
every aspect of the security operation. We expect to see increasing
demand as the corrections industry continues to invest into their
operations in newer and more efficient technology.
About
Cemtrex
Cemtrex Inc. (CETX) is a company that owns two
operating subsidiaries: Vicon Industries Inc and Advanced
Industrial Services Inc.
Vicon Industries, a subsidiary
of Cemtrex Inc., is a global leader in advanced security and
surveillance technology to safeguard businesses, schools,
municipalities, hospitals and cities. Since 1967, Vicon delivers
mission-critical security surveillance systems, specializing in
engineering complete security solutions that simplify deployment,
operation and ongoing maintenance. Vicon provides security
solutions for some of the largest municipalities and businesses in
the U.S. and around the world, offering a wide range of
cutting-edge and compliant security technologies, from AI-driven
video analytics to fully integrated access control solutions. For
more information visit www.vicon-security.com
AIS – Advanced Industrial
Services, a subsidiary of Cemtrex, Inc., is a premier
provider of industrial contracting services including
millwrighting, rigging, piping, electrical, welding. AIS Installs
high precision equipment in a wide variety of industrial markets
including automotive, printing & graphics, industrial
automation, packaging, and chemicals. AIS owns and operates a
modern fleet of custom designed specialty equipment to assure safe
and quick installation of your production equipment. Our talented
staff participates in recurring instructional training, provided to
ensure that the most current industry methods are being utilized to
provide an efficient and safe working environment. For more
information visit www.ais-york.com
For more information visit www.cemtrex.com.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements relating to the closing of
the offering, gross proceeds from the offering, our new product
offerings, expected use of proceeds, or any proposed fundraising
activities. These forward-looking statements are based on
management’s current expectations and are subject to certain risks
and uncertainties that could cause actual results to differ
materially from those set forth in or implied by such forward
looking statements. Statements made herein are as of the date of
this press release and should not be relied upon as of any
subsequent date. These risks and uncertainties are discussed under
the heading “Risk Factors” contained in our Form 10-K filed with
the Securities and Exchange Commission. All information in this
press release is as of the date of the release and we undertake no
duty to update this information unless required by law.
Investor Relations
Chris Tyson
Executive Vice President – MZ North America
Direct: 949-491-8235
CETX@mzgroup.us
www.mzgroup.us
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