Toronto, Ontario--(Newsfile Corp. - October 25, 2021) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has been selected into the final round in the bidding process under a Requests for Proposals ("RFP") on an Artificial Intelligence ("AI") contract in Canada.
Datametrex has passed the final round of examination in the Canadian AI bid. The total value of the fully realized contract is approximately $40 million. The Company has submitted all requested material. The binding bid remains subject to meeting all criterias on technical merit and ability to deliver in accordance with the bid procedures and deadlines.
"We are proud to be selected for the final round for this AI business and are excited by the possibilities this creates for our employees, customers, partners and shareholders. We are cautiously optimistic. We believe the growing momentum with AI will remain through 2022 as the overall economy improves and more organizations return to investing in technology. The team at Datametrex believes that we are uniquely positioned to continue leading in the AI market," stated Marshall Gunter, CEO of Datametrex.
About Datametrex
Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (www.nexalogy.com). 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, 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.
For further information, please contact:
Marshall Gunter - CEO
Phone: (514) 295-2300
Email: mgunter@datametrex.com