TORONTO, May 24, 2019 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has secured contracts for approximately $250,000 CAD for its services. The contracts include the Company’s first sale to the United States and an extension to an existing contract with a division of the Canadian Federal Government.

“Securing our first contract with the US client is a great milestone for Datametrex. We announced on January 16th, 2019 that we were granted approval to be a vendor to the US Government so we are thrilled to make our first sale. The additional contract from our Canadian Federal Government client reinforces our technology as a go to solution in social discovery” 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
Email:  jstevens@datametrex.com

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Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “anticipated”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The Company is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Datametrex cannot assure investors that actual results will be consistent with these forward looking statements and Datametrex assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.