Datametrex Receives Purchase Orders for over $550k
Toronto, Ontario--(Newsfile Corp. - July 5, 2023) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce that the Company has received purchase orders from LOTTE Card ("LOTTE"), the fifth largest credit card company in Korea, for approximately $400,000 CAD, on June 29, 2023, further solidifying the Company's position as a trusted preferred vendor for LOTTE.
In addition, the Company has secured four (4) additional purchase orders from prominent international companies, including LOTTE Home Shopping, Shinhan Life, Export-Import Bank of Korea, and the National Credit Union Federation of Korea totaling an aggregate amount of approximately $169K in contracts for the Company's technology solutions and services.
"We are thrilled to receive new purchase orders from these prominent international companies. Continuously proving the value of our technology services on a global scale is a testament to the capabilities and dedication of our team. This presents an exciting opportunity for Datametrex to further expand its reach and expertise and provides a solid foundation upon which we can continue to build and grow," said Marshall Gunter, CEO of the Company.
LOTTE 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, confectionary products, and entertainment.
To learn more, please visit www.lotte.co.kr/global/en/main.do.
Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, machine learning, and telehealth and has recently entered the electric vehicle (EV) market. Datametrex's mission is to provide tools and solutions 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.
For additional information on Datametrex and other corporate information, please visit the Company's website at www.datametrex.com.
To learn more about how our AI is used in Cyber Security, Telehealth and EV, visit: https://www.youtube.com/watch?v=ApFk3sWAXtg.
For further information:
Investor Relations & Communications
Priya Monique Atwal, Director of Communications
Tel: 416-901-5611 x 204
Marshall Gunter, CEO
Neither 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.
All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statement, including but not limited to the proposed spin-out transaction. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/172339