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Datametrex (TSXV:DM) announces EV update and additional purchase order from Bitnine Global

Sponsored, Technology, The Watchlist
TSXV:DM
19 October 2022 12:50 (EDT)

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Datametrex (DM) is announcing a C$410,000 purchase order from Silicon Valley’s Bitnine Global.

Bitnine is a global leader in graph database business solutions that both improve outcomes and evolve with the existing marketplace.

The client will incorporate Datametrex’s artificial intelligence services into its operations.

The news follows a $1.6 million purchase order from Bitnine announced on October 14.

Datametrex views the order as a validation of its land and expansion strategy, as well as an endorsement of the quality of its AI offering.

“The company is very excited to receive a second contract from Bitnine in such a short period,” stated Marshall Gunter, Datametrex’s CEO.

“Datametrex provides cybersecurity initiatives and AI technology services to some of the most notable global organizations, such as the Canadian and American governments and NATO,” he added. “We are proud to be able to share our expertise in artificial intelligence and its technology solutions with the private sector.”

Datametrex is also announcing that subsidiary, Datametrex Electric Vehicle Solutions, is working to offer its mobile EV services to the RV industry.

The move is designed to solve increasing EV charging issues in parks and camping sites.

CEO Marshall Gunter joined Sabrina Cuthbert to discuss the purchase order and new business initiative.

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

Datametrex (DM) is unchanged trading at $0.10 per share as of 11:58 am EST.


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