TORONTO, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or
“Datametrex”) (TSXV: DM, FSE: D4G) is pleased to announce that after successful completion of its
recent financing, its wholly owned subsidiary, Nexalogy Environics Inc. (“Nexalogy”) will be specifically focusing
on products around Fake News. The company has successfully identified multiple sources of Fake News on social media on number of
initiatives and programs. The Nexalogy’s AI engine continues to include automated detection of suspicious news sources on social
media. The potential for this solution across the government and the Fortune 1000 is integral for enterprise security.
The Company will allocate a portion of the proceeds from the financing to focus on AI for the Cannabis sector
through its Canntop AI (“Canntop”) division. The Canntop team will be working with Nexalogy on optimizing the AI
algorithms to work with rich data sets that are prevalent in the Cannibas sector. The company is currently in discussion with
groups that have key patient data around Cannibas treatments and outcomes.
“We believe that both these targeted markets around Fake News and Artificial Intelligence in the Cannabis sector will provide
Nexalogy with a strong foundation to complement its existing government business. Harnessing the power of our patented AI
algorithms in these markets is the next step in our evolution.” says Jeff Stevens, President and COO of Datametrex.
About Datametrex
Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine
Learning through its wholly owned subsidiaries, Nexalogy (www.nexalogy.com) and Canntop AI (www.canntop.com) and Implementing Blockchain technology for secure Data Transfers through its investee company, Graph
Blockchain (www.graphblockchain.com).
Additional information on Datametrex is available at: www.datametrex.com
To stay informed about Datametrex, please join our Investor Group on 8020 Connect http://bit.ly/8020DM for all upcoming news releases,
articles comments and questions.
For further information, please contact:
Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: jstevens@datametrex.com
Neither the 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
This news release contains “forward-looking information” within the meaning of applicable Canadian securities
laws. Forward-looking information is not a guarantee of future performance or results, since it involves risks and uncertainties.
There is no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in forward-looking statements. Except as required by law, the Company does not assume and
expressly renounces any obligation to update any forward-looking information, which is only applicable on the date on which it is
given.
