Datametrex Announces $1M Sales With LOTTE
10 Juillet 2020 - 4:04PM
Datametrex AI Limited (the
“
Company” or “
Datametrex”)
(
TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to
announce that it has entered into further sales agreements with
various divisions of LOTTE Group (
“LOTTE”) as a
continued preferred vendor partner. Vendors on this platform have
demonstrated quality, reliability, and trustworthiness.
Under the terms of the agreement, Datametrex
sold its technology and solution to Lotte Canon, Lotte Supermarket,
Lotte Global Logis, and Lotte Home Shopping for approximate sales
of $1.0 million. This follows up with the Company’s previous
contracts with various LOTTE group business units originally
announced on May 24, 2018.
LOTTE is famous in Japan and Korea for its
snacks, department stores, duty-free shops, hotels, theme parks and
baseball team, the LOTTE Giants. It also owns the 555
meter-high LOTTE World Tower, which is the tallest
building in Korea and fifth-tallest in the world.
“This further validates Datametrex and its
product portfolio. To continue adding our technology and product
platforms through an organization like LOTTE only further supports
our capabilities,” stated Marshall Gunter, CEO of Datametrex.
“LOTTE is a highly respected company that is expanding across
multiple entities. Working with LOTTE allows us to operate in
multiple industries, showcasing the value and capabilities of our
technology.”
Datametrex continues its efforts of facilitating
ground-breaking big data analytics AI solutions to companies across
the globe. We pride in providing tools so that our clients can
visualize their customer and stakeholder data to make predictive
analyses, mitigate risk and improve their bottom line.
About LOTTE Group
LOTTE Group is the fifth largest conglomerate in
Korea with annual revenues of approximately $60 billion USD
consisting of over 90 business divisions. LOTTE is engaged in
diverse industries that include hotels, resorts, fast food,
beverages, retail, financial services, heavy chemicals,
electronics, IT, construction, publishing, confectionary products,
and entertainment. Additional information on LOTTE is available at
www.lotte.co.kr/global/en/main.do.
About Datametrex
Datametrex AI Limited is a technology focused
company with exposure to Artificial Intelligence and Machine
Learning through its wholly owned subsidiary, Nexalogy
(www.nexalogy.com). Datametrex’s mission is to provide tools that
support companies in fulfilling their operational goals, including
Health and Safety, with predictive and preventive technologies. By
working with companies to set a new standard of protocols through
Artificial Intelligence and health diagnostics, the Company
provides progressive solutions to support the supply chain.
Additional information on Datametrex is available at
www.datametrex.com
For further information, please
contact:
Marshall Gunter – CEOPhone: (514) 295-2300Email:
mgunter@datametrex.com
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policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
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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
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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
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