- Datametrex AI (TSXV:DM) has signed two new contracts worth a combined C$980,000 since announcing a CEO change and shift in corporate focus
- Clients include a global energy company and LOTTE, a global South Korean conglomerate
- Datametrex AI offers innovations in technology, artificial intelligence and healthcare to enhance operational efficiency and business outcomes
- Datametrex stock (TSXV:DM) is down by 71.43 per cent year-over-year, and has lost 60 per cent since 2019
Datametrex AI (TSXV:DM) has signed two new contracts worth a combined C$980,000 since announcing a CEO change and shift in corporate focus.
In line with its new mission centred on opportunities in tech and healthcare, the first contract with global South Korean conglomerate LOTTE, worth C$730,000, will see the company’s Korean subsidiary provide various IT services for numerous LOTTE subsidiaries, including LOTTE Hi-Mart, LOTTE Card, and LOTTE Auto Lease. Datametrex is a preferred vendor for LOTTE.
The second contract, worth C$250,000, also involves IT services, this time for a global energy company, marking the first business in the sector for Datametrex.
“These projects with LOTTE are significant milestones for Datametrex,” Charles Park, Datametrex’s CEO, who replaced Marshall Gunter in December 2023, said in a statement. “They showcase our team’s dedication to providing advanced IT solutions and our commitment to expanding our presence in the global market. We are particularly proud of our team at Datametrex Korea for their hard work and dedication for securing these projects.”
“This purchase order for a renowned global energy company is a pivotal achievement for Datametrex,” Park went on to say. “It signifies our entry into a new industry and demonstrates the adaptability and expertise of our team. We are excited about this expansion and look forward to exploring more opportunities in the energy sector.”
Datametrex AI offers innovations in technology, artificial intelligence and healthcare to enhance operational efficiency and business outcomes.
Datametrex stock (TSXV:DM) is unchanged, trading at C$0.02 per share as of 11:50 am ET. The stock is down by 71.43 per cent year-over-year, and has lost 60 per cent since 2019.
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