16:37:09 EDT Sun 09 Aug 2020
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Datametrex AI Ltd
Symbol DM
Shares Issued 259,016,361
Close 2020-07-10 C$ 0.10
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Datametrex receives $1M in purchase orders from Lotte

2020-07-10 10:15 ET - News Release

Mr. Marshall Gunter reports


Datametrex AI Ltd. has entered into further sales agreements with various divisions of Lotte Group as a continued preferred vendor partner. Vendors on this platform have demonstrated quality, reliability and trustworthiness.

Under the terms of the agreements, Datametrex sold its technology/solution to Lotte Canon, Lotte Supermarket, Lotte Global Logis and Lotte Home Shopping for approximate sales of $1-million. This follows up with the company's previous contracts with various Lotte group business units originally announced on May 24, 2018.

Lotte is famous in Japan and Korea for its snacks, department stores, duty-free shops, hotels, theme parks and baseball team, the Lotte Giants. It also owns the 555-metre-high Lotte World Tower, which is the tallest building in Korea and fifth-tallest in the world.

"This further validates Datametrex and its product portfolio. To continue adding our technology and product platforms through an organization like Lotte only further supports our capabilities," stated Marshall Gunter, chief executive officer of Datametrex. "Lotte is a highly respected company that is expanding across multiple entities. Working with Lotte allows us to operate in multiple industries, showcasing the value and capabilities of our technology."

Datametrex continues its efforts of facilitating groundbreaking big data analytics artificial intelligence solutions to companies across the globe. The company prides itself on providing tools so that clients can visualize their customer and stakeholder data to make predictive analyses, mitigate risk and improve their bottom line.

About Datametrex AI Ltd.

Datametrex AI is a technology-focused company with exposure to artificial intelligence and machine learning through its wholly owned subsidiary, Nexalogy.

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