Datametrex Awarded Two Contracts for Social Media Discovery

Date : 10/08/2019 @ 11:00AM
Source : GlobeNewswire Inc.
Stock : DataMetrex AI Limited (DM)
Quote : 0.02  0.005 (33.33%) @ 6:27PM

Datametrex Awarded Two Contracts for Social Media Discovery

DataMetrex AI (TSXV:DM)
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Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) is pleased to announce that the Company has successfully been awarded a contract with Banfield Agency to help them with social media discovery and market intelligence. The contract will lead to research that will be done with Government of Canada clients. Simultaneously Nexalogy has signed a contract with Innovation, Science and Economic Development Canada to carry out research on social media for the government department related to it’s mandate. The total cost of the two contracts is approximately $30,000 CAD.

Banfield Agency is an independent mid-size agency based in Canada’s capital. Since 1973, they’ve thrived in a fast-changing industry by putting people at the heart of everything they do - from the relationships they build with local, national, and global clients, to the agile solutions and stories they create to connect with audiences.

Innovation, Science and Economic Development Canada (ISED) works with Canadians in all areas of the economy and in all parts of the country to improve conditions for investment, enhance Canada's innovation performance, increase Canada's share of global trade and build a fair, efficient and competitive marketplace. They are the federal institution that leads the Innovation, Science and Economic Development portfolio.

“These smaller contracts help smooth out the revenue and broaden our client base. The team is doing a great job positioning Nexalogy for continued growth.” says Jeff Stevens, President and COO of the Company.

For more information on this project or to learn how Datametrex can assist your organization in social media discovery, Fake News Filters and BOT detection please go to:www.nexalogy.com

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).

For further information, please contact:Jeff Stevens - President & COOPhone: (416) 482-3282Email: 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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