TSX Venture Exchange Symbol
"DM"
TORONTO, March 21, 2018 /CNW/ - Datametrex AI Limited
(the "Company" or "Datametrex") (TSXV: DM, FSE:
D4G) is pleased to announce the appointment of Peter Kim as the new President and Chief
Operating Officer of its joint venture company, Graph Blockchain
Limited ("Graph Blockchain"), effective March 20, 2018. Mr. Kim was most recently a
District Vice President at a Toronto-based asset management firm and has
years of experience leading high calibre teams as head of
institutional trading desks, in addition to being previously fully
licensed to provide investment advice.
"Graph Blockchain is an incredible business. The company is
leading the way, in an industry that is in its infancy, with
technology that allows for superior speed and efficiencies on
Blockchain solutions. I am confident that the relationships over
the years with Retail Investment Advisors, and Institutional
Portfolio Managers will be highly beneficial to Graph Blockchain as
we take the company public and bring new investors to the table.
Furthermore, I'm excited at this opportunity to lead this highly
skilled group, while working in conjunction with the exceptionally
talented teams at our JV partners Datametrex and Bitnine Global
Inc., as we see tremendous strategic growth both in our business
and in the Blockchain technology market," said Peter Kim, President and COO of Graph
Blockchain.
"We are extremely pleased that Peter
Kim has joined Graph Blockchain as President and COO.
His experience in financial markets and expertise in developing
highly engaged teams and partnerships will be key in driving the
business forward. I look forward to working with him, as this
industry and our business continues to see exceptional growth,"
said Andrew Ryu, CEO and Chairman of
the Company.
About Graph Blockchain
Graph Blockchain is a joint venture formed between Datametrex
and Bitnine. The JV mandate is to bring the value of Graph Database
technology to the blockchain environment where there is a great
need to enhance performance and present the verified and
authenticated data in unique ways.
About Datametrex AI Ltd
Datametrex AI Limited is a technology focused company with
exposure to four exciting verticals. Big Data, collecting data from
retail point of sales environments. Artificial Intelligence and
Machine Learning through its wholly owned subsidiary, Nexalogy
(www.nexalogy.com). Implementing Blockchain technology for secure
Data Transfers through its joint venture company, Graph Blockchain
(www.graphblockchain.com). Industrial scale Cryptocurrency Mining
through its wholly owned subsidiary, Ronin Blockchain Corp
(www.roninblockchain.com).
Additional information on Datametrex is available at:
www.datametrex.com
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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 Canadian securities laws, including
statements regarding the completion of the proposed going public
transaction and the growth of the business of Graph Blockchain.
Forward-looking information is not a guarantee of future
performance or results, since it involves risks and uncertainties.
There is no assurance that forward-looking statements will prove to
be accurate, and actual results and future events could differ
materially from those anticipated in forward-looking statements.
Some of the factors on which the forward-looking statements are
premised include (but are not limited to) the receipt of necessary
approvals from securities regulatory authorities for the proposed
going public transaction. Except as required by law, the Company
does not assume and expressly renounces any obligation to update
any forward-looking information, which is only applicable on the
date on which it is given.
SOURCE Datametrex AI Limited