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Datametrex Signs $2.3 M Contract with Multibillion-Dollar Korean Co.

Stockhouse Editorial
3 Comments| August 14, 2020

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Click to enlargeDatametrex AI Ltd. (TSX-V: DM, OTC: DTMXF, Forum) announced this week that it had entered into an additional sales agreement for approximately $2.3 million with the fifth-largest conglomerate in Korea, Lotte Home Shopping Co. Ltd.. This brings the total gross sales for the Company to $3.3 million this year so far. LOTTE Home Shopping operates large retail stores and department stores in various countries like Japan, South Korea, China, and Vietnam with annual revenues of approximately $60 billion (USD).
For more information on this news, click here.

A technology-focused Company with exposure to artificial intelligence (AI) and machine learning, DM also made news earlier this week, when it had secured rights to sell and distribute the COV05 COVID19 Rapid Antigen Detection Kits developed by South Korean manufacturer PCL, Inc. Suitable for point of care tests with more than 97% accuracy, no extra equipment is needed and they are easy to use with results available in about five to 10 minutes.


FULL DISCLOSURE: Datametrex AI Ltd. is a client of Stockhouse Publishing.



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