Datametrex Secures Additional Contract for Lotte Group
April 23 2019 - 7:00AM
Datametrex AI Limited (the “
Company” or
“
Datametrex”) (
TSXV:DM)
(
FSE:D4G) is pleased to announce that the Company
has secured additional contracts for Lotte Group
(“
Lotte”) across its various divisions for
approximately $300,000 CAD. This illustrates the Company’s
continued success utilizing its platform and strategy. Datametrex
is securing attention and accolades from the Fortune 500 for its
advanced AI and machine learning technology.
“It’s exciting to see the strides forward the
Company is making. Lotte is an ideal client for our Artificial
Intelligence and Machine Learning products, allowing us to address
multiple divisions with our enterprise solutions. The company
continues to execute with accretive and positive growth as we roll
out our strategy.” says Andrew Ryu, CEO & Chairman of the
Company.
About Lotte
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, confectionery products,
and entertainment.
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) and Implementing Blockchain technology for
secure Data Transfers through its investee company, Graph
Blockchain (www.graphblockchain.com).
For further information, please
contact:
Jeffrey Stevens – President & COOPhone: (647) 400-8494Email:
jstevens@datametrex.com
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”, “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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