TORONTO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the
“Company” or “Datametrex”) (TSXV: DM, FSE: D4G) signed a licensing and reseller
agreement with Imex Systems Inc., (“Imex”) of Toronto, ON, for its wholly owned subsidiary Canntop AI
(“Canntop”) on December 6, 2018.
Under the Agreement, Imex was to issue CDN $180,000 of IMEX shares to the Datametrex for the right to utilize
their Canntop platform and service offering. At this time, the parties have mutually agreed not to proceed and as such the share
issuance will not be issued.
“We look forward to continuing discussions with Imex. We will definitely entertain working with them in a
similar capacity when they are in a position to proceed,” says Andrew Ryu, Chairman and CEO of Datametrex AI.
About Datametrex AI Limited
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) 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
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For further information, please contact:
Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: jstevens@datametrex.com
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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 securities
laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information.
In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely",
"should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms,
or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or
"will" happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and
not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date
of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such
forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information,
whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material
difference between subsequent actual events and such forward-looking information, except as required by applicable law.
