Cemtrex Appoints New Member to Its Board of Directors
10 February 2018 - 12:35AM
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading
industrial and manufacturing company, today announced the
appointment of Metodi Filipov as its newest independent board
member.
Metodi Filipov is an entrepreneur and technology executive with
over 25 years of experience creating, operating and driving growth
for technology companies. He has a proven track record of
identifying business opportunities and building compelling
products. Metodi was formerly VP of Operations at Cemtrex from 2008
to 2010. After Cemtrex, Metodi served as Managing Director of
Bianor, a mobile consulting company providing solutions for
enterprise clients.
There, he led the development and implementation of innovative
mobile products in industries including aviation, pharmaceutical
and entertainment. Metodi Filipov co-founded Flipps Media, an OTT
video distribution platform positioned to be an alternative to
traditional cable pay-per-view systems. Before Bianor, he served as
product lead for Raritan, a data center technology organization,
where he was an integral part of the transition team that led the
company to becoming a global IT service management solutions
provider. Prior to joining Raritan, Metodi Filipov served as VP of
Operations at ISS, a security products company. There, he
successfully managed product development and contract manufacturing
across continents. Metodi has extensive experience delivering
superior solutions with a focus on optimized efficiency and
productivity.
Chairman and CEO of Cemtrex, Saagar Govil, said, “We are excited
to have Metodi join the Cemtrex board as he brings a wealth of
operations and M&A experience and his skill sets are well
suited with our vision for growth.”
“I’m excited to join the Cemtrex Board and to work with this
outstanding team” said Mr. Filipov, “I look forward to sharing my
experiences and am confident that together we can make something
great.”
Mr. Filipov replaces Mr. Shamik Shah who is stepping down from
the board for personal reasons.
About Cemtrex
Cemtrex, Inc. (NASDAQ:CETX) is a world leading multi-industry
company that provides a wide array of solutions to meet today’s
technology challenges. Cemtrex provides manufacturing services of
advanced custom engineered electronics, extensive industrial
services, integrated hardware and software solutions, monitoring
instruments for industrial processes and environmental compliance,
and systems for controlling particulates and other regulated
pollutants. The Company also develops its own proprietary IoT and
wearable devices.
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.
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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