Cemtrex Announces Choice Hotels as Latest SmartDesk Client
January 03 2019 - 9:00AM
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global
technology company, today announced that Choice Hotels
International (NYSE: CHH) has become the latest organization to
adopt the SmartDesk for their offices.
“We are thrilled to have Choice Hotels on board,” said Cemtrex’s
CEO and Chairman, Saagar Govil. “Choice Hotels International is one
of the largest and most successful lodging companies in the world.
Imagine being on a business trip and not having to spend the
evening working on a 14” laptop screen but rather a 72” SmartDesk
touch screen advanced workstation as well as take advantage of
other convenient features like video conferencing. We believe that
many business travelers would pay a premium for guest rooms with
SmartDesks and gravitate towards hotels that keep up with
technological innovation. The hospitality vertical is a key market
we will continue to focus on in the coming months for SmartDesk
adoption. This relationship, with Choice, we believe can lead to
several thousand units sold over the next year or two as hotels
look to deploy SmartDesks.”
The hospitality industry presents a unique opportunity for the
SmartDesk as many business travelers often encounter outdated
technology at hotel business centers. The hotel industry worldwide
offers numerous applications where the SmartDesk can improve
workflows, from hotel business centers to each guest room itself
and the Company intends to pursue it aggressively.
Choice Hotels currently franchises more than 6,800 hotels,
representing more than 500,000 rooms, in more than 35 countries and
territories. The company, which is one of the largest hotel chains
in the world, owns several hotel brands ranging from upscale to
economy, including the Ascend Hotel Collection, Cambria Hotels,
Comfort, Sleep Inn, Quality Inn, Clarion, MainStay Suites,
WoodSpring Suites, Suburban Extended Stay Hotel, Econo Lodge, and
Rodeway Inn.
The SmartDesk sells for an average price of $5000 per desk and
the Company has received orders for SmartDesks from customers in a
variety of different industries and for planned uses in different
applications. The Company continues to receive orders for use in
financial companies, logistics companies, call centers, innovation
labs, universities, engineering firms, advertising firms, software
developers, and many more. The SmartDesk has recently
received positive reviews and coverage from various tech and
consumer outlets, including:
- Bloomberg Markets AM
- Entrepreneur Radio
- Business Insider
- The Verge
- CNET
- TechSpot
- DesignMilk, and more.
Cemtrex’s SmartDesk is poised to be the most advanced
workstation on the market. A blend of futuristic hardware and
groundbreaking productivity software, the SmartDesk delivers an
efficient user experience in a luxurious package. With a built-in
72-inch, high resolution multi-touch display, integrated
proprietary touch and touchless gestures as well as the ability to
scan documents directly on the desk, wireless connectivity for full
access to the cloud, and next-generation wireless charging
capabilities for mobile devices, the SmartDesk offers a solution
which no other Company currently offers in the market today. The
Company also has several patents pending based on the proprietary
technology of the product.
The SmartDesk is positioned as a replacement for the traditional
desktop PC. The Company views the potential market for the
SmartDesk to be based on desktop PC market which is approximately
100 million units globally and $80 Billion in size according to
research site, Statista.
For more information regarding the SmartDesk please visit
https://smartestdesk.com.
About Cemtrex
Cemtrex, Inc. (CETX) is the manufacturer of the SmartDesk, the
world’s most advanced workstation. Cemtrex is a diversified
technology company that's driving innovation in a wide range of
sectors, including smart technology, virtual and augmented
realities, advanced electronic systems, industrial solutions, and
intelligent security systems.www.cemtrex.com
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retain qualified scientific, technical and business personnel; our
ability to expand our product offerings or to develop other new
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from current product offerings; rapid technological changes and new
technologies that could render certain of our products and services
to be obsolete; competitors with significantly greater financial
resources; introduction of new products and services by
competitors; challenges associated with expansion into new markets;
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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
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For further information, please contact:
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
General Inquiries
sales@cemtrex.com
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