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 datametrex


DATAMETREX REPORTS OVER $9.2M REVENUE WITH OVER $961K NET INCOME IN Q3Datametrex

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Significant increase in Q3 net income of over $961K, up 464% compared to the previous year. During the nine months ended September 30, 2022, the Company repurchased 17,807,500 common shares of the Company for $2,040,350. Toronto, Canada, November 22, 2022 – Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) is pleased to report its financial results for the third quarter. The Company has filed its financial statements ("FS") on SEDAR and related management discussion and analysis ("MD&A") for the quarterly results ending September 30, 2022 ("Q3 2022"). For the three months ended September 30, 2022 (Q3-2022), the Company reported revenue of $9,202,894, net income of $961,922 and EBITDA of $2,699,239. For the nine months ended September 30, 2022 (Q3-YTD), revenue was $27,544,338, net income of $2,791,511, and EBITDA of $5,965,145. The Company continues to hold a strong cash and marketable securities position of approximately $13 million after ...


Nexalogy Working On AI Driven Mental Health Detection Tool

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Toronto, Ontario--(Newsfile Corp. - October 27, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that its wholly-owned subsidiary, Nexalogy Environics Inc. ("Nexalogy"), is in the process of developing an artificial intelligence ("AI") and machine learning ("ML") tool to detect depression and anxiety. The tool explores sets of data and text to analyze and distinguish emotions and moods to determine one's mental state and if the creator of that text is suffering specifically from depression or anxiety. Nexalogy designed their tool to focus on depression and anxiety detection. The latest research suggests that the most prevalent mental illnesses are depression and anxiety which are estimated to affect nearly one in ten people worldwide, over 676 million people. Identifying these conditions in their early stages is critical in addressing the significant public health concerns surrounding these illnesses that lead to self-harm and suicide.


DATAMETREX LAUNCHES SMART FACTORY PLATFORM Datametrex

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Toronto, Canada, September 16, 2022 – Datametrex AI Ltd. (the "Company" or "Datametrex'') (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) is pleased to announce that the Company is launching Smart Factory AI technology, which is based on AI, big data, and server automation operating system technologies. The Company is preparing for the first initial release in the United States with room for expansion internationally. Additionally, the Company has received Purchase Orders ("P.O") for approximately $200,000 CAD from various multinational companies including Lotte Data Communication Co., Ltd. The Smart Factory Manufacturing Market size is projected to reach USD 727 Billion by 2030, growing at a CAGR of 12%. The growth is greatly influenced by businesses able to minimize cost and labor of operations and manufacturing. In a recent survey, 75 percent (75%) of respondents say smart manufacturing would increase their company's competitiveness with increased productivity. Smart Factory Manufacturing simplifies company's needs by eliminating human error by utilizing ICT technologies which can streamline production and processing while maintaining sustainability, safety, and product quality. Smart Factories benefit manufactures by creating faster and more cost-efficient processes to get products made. Smart manufacturing improves productivity and engagement by making it easier for employees to communicate. Information can be personalized and customized to better align with the company's manufacturing goals. Digital information allows for better resource usage and optimizes operational plant performance. You get more data, faster. Real-time reporting creates better problem-solving solutions and improves productivity. The smart factory reduces human manual handling by leveraging automation. The factory becomes more efficient because production can be real-time responsive. Since smart manufacturing systems capture data automatically, businesses use data to increase safety and quality. You can customize automatic reporting structures and build quality control routines into the system. Easier and more-direct machine instructions, inline quality checks, and real-time monitoring can reduce the number of human errors to nearly zero. "The size of Smart Factory market is expected to grow more than 60% this year compared to 2020.


DM EVS Partners with Cyber Switching Inc.

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Toronto, Ontario--(Newsfile Corp. - September 6, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce that its wholly-owned subsidiary, Datametrex Electric Vehicle Solutions ("DM EVS"), has broadened its product portfolio and introduces a new partnership with Cyber Switching Inc., ("Cyberswitching"), a California based EV charging technology company. DM EVS has now added another level-2 charging technology. This will reduce charging times by up to three (3) hours, which is almost half of what most chargers take on average. Cyberswitching's level-2 charger has a range of 3.5kW/16 Amperage to 11.5kW/48 Amperage. It is a faster, more powerful charger than the traditional level-2 device. With the introduction of the new level-2 charger, along with the integration of EVAR's smart charger, DM EVS now has the necessary technology to install and operate in any environment or conditions. This partnership allows DM EVS to have a diversified selection of fast and efficient EV chargers for installation and gives clients options of the type of charger to best fit their indoor or outdoor environment, power accessibility, or installation conditions. "This partnership expands our product offerings with EVAR and allows DM EVS to have a more varied selection of EV chargers to install.


Datametrex to Launch First Fleet of Mobile Roadside Charging Units - Digital Journal

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Toronto, Ontario–(Newsfile Corp. – June 21, 2022) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to reveal that the Company's new, wholly owned subsidiary, Datametrex Electric Vehicle Solutions. DM EVS is the exclusive Canadian partner of EVAR (Electric Vehicle Advanced Recharging Inc.), a company that is a spin-off from Samsung Electronics C-Lab. To learn more about EVAR, please visit: https://www.evar.co.kr "The next few months the Company will be working on expanding business operations and providing maximum value in the EV space. EV is gaining vast popularity due to its efficiency, and I am confident that profitable value and immense growth will be created." "The company is excited to launch further into the EV space with the rollout of its first set of mobile roadside vehicles underway. As we expand and grow in this sector, using our technology in EV will only advance the Company further", said Gregory Lee, President of DM EVS.


Datametrex Awarded Contract Extension With US Air Force, by @nasdaq

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TORONTO, July 31, 2020 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce that it has been successfully awarded a second contract in the United States defense industry, United States Air Force via Wright State Applied Research Corp. ("WSARC") on July 29, 2020. WSARC is provides contracting, security and research administration services for Wright State Research Institute, the University and the state of Ohio, and will head the U.S. Air Force Academic Partnership and Engagement Experiment (APEX) program. "This is a great example of renewable business for Datametrex. Getting a one-year contract extension shows that our technology is valued by the client, and marks progress in our plan to expand our mandate with the organization. Datametrex will continue to solidify our position as a trusted solution provider within the U.S. military departments."


Datametrex Creates Artificial Intelligence Company Focused on Cannabis RBL Media

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TORONTO, Sept. 18, 2018 – Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce that it has created a newly formed subsidiary, Canntop AI Inc. ("Canntop AI"), to focus on the global cannabis industry. This follows on the previous announcement by the Company to establish a working relationship with a key data collection company in the Agriculture and Cannabis sectors. Canntop AI will utilize Nexalogy's tool set and unique algorithms to analyze large unstructured data sets from the Agriculture and Cannabis space. By gathering and analyzing the data we will be able to provide cultivators and dispensaries with business intelligence that allows them to better understand their clients and markets in the areas of patient analysis, strain and protocol management, and quality assurance. "Taking our proven solutions and focusing them on this sector will add tremendous value to growers, dispensaries, pharma and government agencies. The large amount of data that will result from the legalization of marijuana creates an opportunity for Canntop AI to provide the industry the most effective social intelligence," says Andrew Ryu, CEO and Chairman of the Company.


Datametrex AI Announces New Advisory Board Member Spiros Margaris

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TORONTO, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM) (FSE:D4G) is pleased to announce its appointment of internationally recognized FinTech, InsurTech, and Artificial Intelligence (AI) influencer and venture capitalist Spiros Margaris to its advisory board. He regularly appears in the top three positions of established global industry influencer rankings. He is also ranked worldwide the No. 11 AI influencer by Jay Palter Social Advisory and the No. 10 blockchain influencer by Right Relevance. He is a speaker at international FinTech and InsurTech conferences, and he publishes articles on his innovation proposals and thought leadership. Recently, he published an AI white paper, "Machine learning in financial services: Changing the rules of the game," for the enterprise software vendor SAP.