Datametrex Secures $2.3M Contract
13 Août 2020 - 4:00PM
Datametrex AI Limited (the
"
Company" or "
Datametrex")
(
TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to
announce that it has entered into an additional sales agreement for
approximately $2.3M with Lotte Home Shopping Co. Ltd.
(
"LOTTE"), bringing the total gross sales to $3.3M
this year so far.
LOTTE Home Shopping operates large retail stores
and department stores in various countries like Japan, South Korea,
China, and Vietnam.
Datametrex is continuously working with the
various divisions of LOTTE as a preferred vendor. Datametrex has
demonstrated to be a quality, reliable, and trustworthy partner,
with an opportunity to grow within the 934 companies in the LOTTE
family.
“At Datametrex, we continue our efforts to
facilitate ground-breaking technologies to companies across the
globe. We pride ourselves in providing tools that our clients can
use to visualize their customer and stakeholder data in order to
make predictive analyses, mitigate risk, and improve their bottom
line,” stated Marshall Gunter, CEO of Datametrex.
Datametrex plans to deliver the contract in
August with full payment in September 2020.
Datametrex is also pleased to share that the
Company has won a tender from LOTTE Property and Development Co.
Ltd. for approximately $100K.
About LOTTE Group
LOTTE Group is the fifth-largest conglomerate in
Korea with annual revenues of approximately USD 60 billion,
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
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
Neither 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 Statements
This 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",
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statements that certain events or conditions "may" or "will"
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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
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