Cemtrex Targeting Ventilation Air Methane Carbon Credits Market

* Reuters is not responsible for the content in this press release.

Tue May 19, 2009 10:01am EDT

FARMINGDALE, N.Y., May 19 /PRNewswire-FirstCall/ -- Cemtrex, Inc. (OTC: CTEI)
announced that it is expanding its marketing activities in Ventilation Air
Methane (VAM) for generation of carbon credits.

When coal is formed in the mines, so is methane. When the coal is excavated,
methane is released and since methane in concentrations of 5-15% is explosive,
it is diluted to levels 0.2-1.0% with ventilation air as a safety measure.
This very large volume of ventilation air with extremely low methane content
has been difficult to capture and hence been releasing to the atmosphere. Coal
mine emissions of low-level ventilation air methane can be used to generate
carbon credits. Methane is a greenhouse gas with global warming potential of
21, meaning that one ton of methane will cause the same amount of global
warming as 21 tons of carbon dioxide (21 equivalents CO2). One ton of carbon
dioxide captured results in one carbon credit.

Cemtrex is now marketing a low-level Methane Catalytic Destruction Reactor
(MCDR) unit for coal mines. A single full-scale Cemtrex MCDR unit can destroy
approximately 5000 tons of low-level methane and generate 90,000 carbon
credits per year along with production of pollution-free thermal energy. It
will require 48,000 Cemtrex MCDR units to treat all the low-level methane from
all US coal mines. "Based on approximate cost of $3 million per MCDR unit, it
would take 3-4 years to pay back for a typical single unit investment from the
sale of carbon credits generated," said Mr. Arun Govil, CEO & President of
Cemtrex. "Other units in the market cannot handle low-level methane
concentrations and are more expensive, hence we offer a combination of
technology and investment return that cannot be duplicated in today's market,"
continued Mr. Govil.  

The United States is the second largest coal producer in the world and has
more than 600 active and 7582 abandoned mines that release low-level methane
to the atmosphere. Every year 500 billion cubic feet of methane are released
from coal mines around the world to the atmosphere, with the potential to
generate 250 million carbon credits and 64 million Mega Watt hours (MWh) per
year of energy. Global methane released by coal mining will rise more than 50%
by 2020, representing 950 million tons of equivalent CO2 per year.   

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.

    Contact Information:

    Arun Govil
    Cemtrex
    T: 631-756-9116
    agovil@cemtrex.com
    http://www.cemtrex.com


SOURCE  Cemtrex, Inc.

Arun Govil of Cemtrex, Inc., +1-631-756-9116, agovil@cemtrex.com
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