Datametrex Expands IT Services Footprint to Energy Sector

Rhea-AI Summary

Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) secures a $250,000 CAD Purchase Order to provide IT services to a global energy company, marking entry into a new sector with a new client.

Toronto, Ontario--(Newsfile Corp. - January 5, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the 'Company' or 'Datametrex') is pleased to announce the Company has secured a Purchase Order ('P.O.') valued at approximately $250,000 CAD to provide IT services to a global energy company. This P.O. is a significant milestone as it marks entry into a new sector with a new client. This achievement demonstrates the Company's expanding reach and adaptability in servicing diverse industries, showcasing its ability to meet specialized needs in new markets.

Charles Park, CEO of Datametrex, expressed his enthusiasm about this venture, stating, "This P.O. for a renowned global energy company, is a pivotal achievement for Datametrex. It signifies our entry into a new industry and demonstrates the adaptability and expertise of our team. We are excited about this expansion and look forward to exploring more opportunities in the energy sector."

About Datametrex
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes on a global scale. For more on Datametrex, please visit the company's website.

Investor Relations
Charles Park, CFA
Chief Executive Officer & Director
cpark@datametrex.com
(416) 901-5611 x203

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.

Forward-Looking Statements
All statements 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 statements, 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.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193082

FAQ

What is the significance of the Purchase Order secured by Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF)?

The Purchase Order valued at approximately $250,000 CAD marks the Company's entry into a new sector with a new client, showcasing its expanding reach and adaptability in servicing diverse industries.

Who is the CEO of Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) and what is his reaction to this achievement?

Charles Park is the CEO of Datametrex AI Limited. He expressed his enthusiasm for securing the Purchase Order, highlighting the Company's ability to meet specialized needs in new markets.

What services will Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) provide to the global energy company?

Datametrex AI Limited will provide IT services to the global energy company as per the secured Purchase Order.

What is the value of the Purchase Order secured by Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF)?

The Purchase Order is valued at approximately $250,000 CAD.