DATAMETREX EXECUTES $1.1M IN NEW CONTRACTS

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM) (FSE: D4G) (OTC: DTMXF) is pleased to announce that it has secured contracts for approximately $1,100,000 CAD for its services. The contracts are from Governments Hyosung Company and various divisions of Lotte including an initial contract with Canon Korea Business Solutions. Canon Korea Business Solutions was created in 1985 when Canon and Lotte created a joint venture company to service the Korean markets.“I am thrilled to provide this update to our shareholders. Our sales team is doing a fantastic job opening new doors and extending contracts with existing clients. Our original goal of a “land and expand” strategy with is paying off nicely and we look forward to continuing the growth trajectory,” says Marshall Gunter CEO of Datametrex AI.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).For further information, please contact:Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]
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 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.
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