Cemtrex Inc. announced the appointment of Metodi Filipov as its newest independent board member. Metodi was formerly VP of Operations at Cemtrex from 2008 to 2010. After Cemtrex, Metodi served as Managing Director of Bianor. Metodi Filipov co-founded Flipps Media. Before Bianor, he served as product lead for Raritan. Prior to joining Raritan, Metodi Filipov served as VP of Operations at ISS. Mr. Filipov replaces Mr. Shamik Shah who is stepping down from the board for personal reasons.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.