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Datametrex (TSXV:DM) announces $700,000 renewal contract from LOTTE Data Communications

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TSXV:DM
06 February 2023 13:30 (EDT)

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Datametrex AI (DM) has received a renewal service contract from LOTTE Data Communications for approximately C$700,000.

Datametrex was selected as a preferred vendor by LOTTE and has proven to be a reliable technology and service provider to various divisions of LOTTE over the last few years.

Datametrex CEO Marshall Gunter chatted with Shoran Devi about the news.

“The company is thrilled to start the new year off with a new contract from LOTTE. We continue to prove our land and expand our strategy by building strong relationships with our clients. The company plans to expand services and targets to bring in more technology-driven contracts this 2023.”

LOTTE Group is the fifth-largest conglomerate in Korea, with annual revenues of approximately US$60 billion. LOTTE services a diverse range of industries, including hotels, resorts, fast food, beverages, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, confectionary products, and entertainment.

Datametrex is a technology-focused company with exposure to artificial intelligence, machine learning, telehealth and the electric vehicle market.

Datametrex AI Limited (DM) opened trading at C$0.145.


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