Cemtrex Inc. CEO Releases Business Update to Shareholders.

FARMINGDALE, N.Y. -- Cemtrex Inc. (CTEX: OTC), which is engaged in manufacturing and selling the most advanced and custom engineered instruments for emission monitoring systems, released the following business update to shareholders.

Dear Fellow Shareholders,

In this letter to you, I want to give you a more detailed update on current activities and plans for the rest of this year. I will cover our financial goals, a market update and our ongoing vision for the company.

We have made considerable investments in the future of our company over this year, and I would like to describe these investments and the payoffs expected from them.

Our main focus has been to establish Cemtrex as a leader in the emerging mercury monitors business. We already have over 500 installations at most major power plants in the USA for opacity monitors and/or continuous emission monitors (CEMS). These same plants must now also comply with mercury emissions regulations by 2008 and we are leveraging our relationship to sell the new monitors. We are also involved globally in providing turnkey services for carbon creation projects from abatement of greenhouse gases pursuant to Kyoto protocol. This business will also experience tremendous growth in the coming years.

According to the McIlvaine Company, of Northfield, IL, the air pollution control industry profits are forecast to grow to $21 billion in 2015 with $3 billion generated from the supply of systems, $11 billion from the supply of products, and $7 billion from the supply of services. The primary profit engine will be the power industry which will account for $13 billion or 62 percent of the total profits.

McIlvaine predicts that the coal-fired boiler mercury CEMS market will account for as much as 10 percent of the total market over the next few years. The waste incineration market, CEMS market, is slated to grow steadily. Because of the many pollutants which must be measured CEMS can exceed $500,000 for a single incinerator. Mass particulate (opacity) monitoring will experience double digit growth world wide over the next five years.

Many of you are long time shareholders and have been very patient with your investment. Our management team is committed to creating a company of substance and value. This doesn't happen overnight. The Company today has a clean corporate structure and is incorporated in ways that give it the ability to grow. During the past years we have worked to develop opportunities and products that provide Cemtrex competitive advantages in the marketplace on a global scale. We have produced several products and services that give us the advantages and we have invested in developing a global reach and an international workforce to deliver these products and services. For example, we are only one three companies who have an acceptable mercury monitor in the market place today.

Finally, we have been actively working to create Cemtrex into a company that can give value to its shareholders. We have always run this company from a long-term perspective, trying not to be overly concerned about the daily swings in the share price. It may be old-fashioned, but we still believe that if we focus on building the company, the share price will ultimately follow the company's success. We have always funded our operations internally from operating cash flow. Our financial position is quite sound and we are in a growth mode.

I want to thank you for your time and I have never been more excited about the future of Cemtrex.

Best regards,
Aron Govil
CEO & President
Cemtrex Inc.

Safe Harbor Statement

This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and Cemtrex cannot provide assurance that such statements will prove to be correct. Cemtrex undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.