Cemtrex Selected to Join the Richmond Club Index for Stocks with High Growth Potential

FARMINGDALE, NY / ACCESSWIRE / March 23, 2015 / Cemtrex, Inc. (OTCQB: CTEI) announced today that it has been selected to join the Richmond Club Index. The Richmond Club Index is an index of public companies that meet rigorous criteria for having excellent high growth potential. The Richmond Club Index has achieved 17.83% annualized performance since its inception in 2005.

Companies are carefully selected to join the index based on a detailed analysis of the company’s fundamentals and a discussion with management as to the future prospects of the company and its share price. The Richmond Club focuses on finding companies that are undervalued in order to achieve maximum profit for its members. The Richmond Club Index has achieved an annualized performance of 17.83% since 2005 compared to the S&P 500 which has an annualized performance of 5.58% over the same period.

Cemtrex’s CEO, Saagar Govil, commented, “We are thrilled to have been chosen to join the index by the Richmond Club. From our perspective there is certainly an opportunity for investors to benefit from current valuations particularly when comparing us to valuations of similar companies in our industries. By joining the index it further validates the opportunity Cemtrex currently presents to investors and we are optimistic that the return will outperform the S&P 500 over the long term.”

Cemtrex will be presenting to the members of the Richmond Club in Toronto, Canada on March 25th 2015. The presentation will be available online at the www.richmondclub.com thereafter. The company will officially be added to the index starting April of 2015 for the period of one year.

About Cemtrex

Cemtrex, Inc. (OTC: CTEI) is a diversified technology company that provides a wide array of solutions to meet today’s industrial challenges. Cemtrex, through its wholly owned subsidiaries provides electronic manufacturing services of custom engineered printed circuit board assemblies, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities.

www.cemtrex.com

Safe Harbor Statement

This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.

For further information, please contact:

Cemtrex Inc.
Saagar Govil
Phone: 631-756-9116
Email: investors@cemtrex.com

SOURCE: Cemtrex, Inc. 

ReleaseID: 427110