Datametrex AI Ltd V.DM

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Datametrex Receives Third P.O. For $400K For Its AI Software from Silicon Valley

 

24 Oct 202208:37 ET

Newsfile Corp

 

Toronto, Ontario--(Newsfile Corp. - October 24, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that further to the news release on October 18, 2022, the Company has received the third Purchase Order ("P.O.") from Bitnine Global Inc. ("Bitnine"), a Silicon Valley technology company based in San Francisco, on October 21, 2022, for approximately $400K CAD for the Company's NexaSMART (Social Media Automated Reporting Technology) Intelligence Licensing.

The Company will provide Bitnine with its NexaSMART software, including Nexa Social Big Data Analysis and Nexa Social Data Monitoring. NexaSMART reduces the time needed to analyze large sets of data by offering powerful automated analyses and reduces human error with its machine learning. NexaSMART advances business with data optimization for ultimate success.

This P.O. marks the third contract from Bitnine this month. The Company is proud to have Bitnine as a loyal and valued customer. This ongoing partnership further validates the Company's land and expand strategy.

"We are proud to announce another contract for our technology services. AI is a powerful tool to optimize business and improve operations and ROIs. The growth so far in our core AI business has been a success, and we will continue to focus on our AI initiatives to further expand our business," said Marshall Gunter, CEO of the Company.