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Datametrex AI Ltd
Symbol DM
Shares Issued 266,207,270
Close 2020-09-15 C$ 0.145
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Datametrex receives buy order for COVID-19 test kits

2020-09-16 09:32 ET - News Release

Mr. Marshall Gunter reports

DATAMETREX RECEIVES SECOND COVID-19 ORDER FROM FILM & TV PRODUCTION COMPANY

Datametrex AI Ltd. has received a second purchase order for COVID-19-screening solutions from Lighthouse Pictures Inc., a film and television production company based in Vancouver, B.C. The service is scheduled to commence on Sept. 16, 2020. Datametrex anticipates that it will have little or no upfront costs associated with importing and selling these test kits.

Lighthouse Pictures is a company that specializes in producing genre and mid-to-small-budget film and television projects. Industry leaders Shawn Williamson and Jamie Goehring helm Lighthouse Pictures. With over 65 productions in the past 10 years, Lighthouse Pictures productions continue to be recognized. Year after year, Lighthouse projects have received industry praise with Canadian Screen Awards nominations and numerous Leo Awards.

Vancouver is the third-largest production centre in North America, worth $3.2-billion during 2018/2019, according to Creative BC. British Columbia is home to several world-class film and television studios, including: Bridge Studios; Mammoth Studios; Vancouver Film Studios; North Shore Studios; Ironwood Studios; Canadian Motion Picture Park; and The Crossing Studios.

They all produce, on average, greater than 65 movies and greater than 55 television series annually, as well as hundreds of other filming days for commercials, television pilots and other features. This industry generates over 42,000 direct and indirect jobs in film and television production, with more than 80 per cent located in Metro Vancouver. British Columbia is world renowned as a versatile and dependable hub for motion picture production.

Entire film and television production in Canada represents $8.92-billion in production volume, and full-time-equivalent jobs represent 179,000 workers. In March, 2020, the industry stopped in Vancouver, and the surrounding areas had 46 productions filming, not including the television commercial market. Each of the shows would have a minimum of a 100-person film crew.

This demonstrates that Canada can be an advocate for the film industry, as the company has testing and laboratories already set up throughout. Additionally, Canada has far fewer instances of COVID-19 with 139,146 cases, compared with more than 6,545,948 in the United States, according to data compiled by Johns Hopkins University.

"With our prescreening and screening tools, this industry can resume and provide us with the much-needed entertainment that this newly indoor, on-line-based culture requires," said Marshall Gunter, chief executive officer of the company.

These tools were developed as a direct response to customer needs and the ever-changing physical-distancing recommendations, safety guidelines and workplace flexibility initiatives being observed across North America and around the globe.

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. 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.

We seek Safe Harbor.

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