Datametrex Secures Additional $250,000 Contracts

TORONTO, April 13, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has secured contracts for approximately $250,000 CAD with two existing clients. The first contract is for $130,000 CAD with one of LOTTE Group of companies, Global Logistics division. The second contract for approximately $120,000 CAD is with Hyosung Corp., and is a continuation and expansion of the original contract announced last year.
“This is exciting for the team as we continue to execute on our “land and expand” strategy with global conglomerates. We look forward to continuing to build on the trust we have gained with them going forward. We are proud to be able to continue to secure new business despite the global restrictions as a result of COVID-19, our team is doing a great job working remotely to add value for our stakeholders,” says Marshall Gunter, CEO of the Company.About Datametrex AI LimitedDatametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.comFor further information, please contact:Marshall Gunter – CEO
Phone: (514) 295-2300
Email: mgunter@datametrex.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.