Toronto, Ontario--(Newsfile Corp. - February 15, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce the one-year renewal of a service contract through its wholly-owned subsidiary, Datametrex Korea. The contract, valued at approximately $850K CAD, involves the provision of IT services to key clients in the services, finance, and public sectors. The contract renewal is a continuation of Datametrex's established client relationships and reflects the company's commitment to reliable service delivery in diverse industries.

Reflecting on this landmark achievement, Charles Park, CEO of Datametrex, commented, "The renewal of this contract is a reflection of our unwavering dedication to our clients and our ability to adapt to their evolving needs. It's an important step in our journey towards sustained growth and reinforces our position in the industry."

About Datametrex

Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence and Healthcare. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.

For more on Datametrex, please visit our YouTube channel and Company website.

For Additional Information

Charles Park, CFA
Chief Executive Officer & Director
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(416) 901-5611 x203

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements, including but not limited to the proposed spin-out transaction. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.