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Datametrex AI (TSXV:DM) secures AI & tech contracts

Technology
TSXV:DM
27 May 2021 09:00 (EDT)

Datametrex AI Limited (DM) has received purchase orders from the LOTTE Group, Incheon International Airport Corporation and the Shinhan Financial Group.

Datametrex continues to grow tech and AI businesses in South Korea working closely with LOTTE Data Communication Co. Ltd. as a preferred vendor. The agreements are with Lotte Hi Mart, Lotte Global Logis, Lotte Aluminum.

The new business with Shinhan is for JobMind. Jobmind is an integrated management and operational solution for server batch jobs. JobMind provides single-screen process management for registering tasks, checking task results, and error handling for banking. The system prevents human error through automation and minimizes work impact by immediately checking and flagging batch system errors and work errors.

“Datametrex continues to grow its core business. We are starting to see the reduction in cycle time for AI model optimization and adoption. With the company being flexible enough to provide our clients with whatever AI solution their needs require, we should see improved numbers from the AI division,” stated Marshall Gunter, CEO of Datametrex.

DataMetrex AI Ltd is a Canada-based information technology company focused on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of big data.

Datametrex AI Limited (DM) opened trading at C$0.285 per share.

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