Datametrex Strengthens Board With Appointment of Benj Gallander
June 25 2020 - 2:17PM
Datametrex AI Limited (the "Company" or "Datametrex")
(TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to
announce the appointment of Mr. Benj Gallander as a new independent
member of the Board of Directors.
“Benj has worked with start-ups and corporations
of various sizes. He has built his company over 25 years and
understands the buy side in great detail, as well as corporate
turnarounds. His background in investments greatly strengthens our
company,” stated Marshall Gunter, CEO of Datametrex. “Benj is
highly accomplished and connected within the investor
community.”
To
support Datametrex’s growth, Mr. Gallander brings
over 40 years of experience in the markets, with ample skills
in integrating business and strategic investors and his know-how
bringing innovation to companies. Over time, he has
refined his approach to investing and has achieved one of the best
track records in the investment industry. Mr. Gallander is
co-editor of Contra the Heard investment letter and over
the past ten years the portfolio he manages achieved an annualized
return of 18.4%. Benj co-writes "The Contra Guys" column
for The Globe and Mail and is an author of three best-selling
books, writes for several magazines, and has been a regular on BNN
Bloomberg since virtually the beginning.
“Datametrex is poised to leverage their
technology acumen and proven client solution capability.
Datametrex’s recent initiative in COVID-19 testing kits has
enabled the company to transform and breakthrough into society
as a trusted and essential partner. I am looking forward to
working with Marshall and the team at Datametrex,” said
Benj.
The company has issued Mr. Gallander 1,000,000
options at a strike price of C$0.10, being the closing price of the
common shares of the Company on June 24, 2020.
As part of Board changes, Charles Schade is
stepping down from the Board and will be joining the Company’s
Advisory Board. Charles joined the company from the start and was
the longest serving Board member. The Company would like to
thank Charles for his active contribution to the Board and looks
forward to continuing to work with him as a member of the Advisory
Board to the Company.
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”,
“would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”,
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statements that certain events or conditions “may” or “will”
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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
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