Datametrex Signs $2.6 Million Sales Contract For AI Tech

Datametrex AI Limited (TSXV: DM) appears to be firing on all cylinders. The company this morning announced a significant $2.6 million sales agreement, this time for its technology rather than COVID-19 test kits. The arrangement is with that of SeeS Solutions Inc, a server operation automation and management provider.

Datametrex AI's Logo

The agreement will see Datametrex’s AI product portfolio monetized to provide SeeS with an automated operating solution, to be used by its large corporate clients that include Samsung Electronics and Samsung SDI, among others such as banks and insurance firms. The agreement will see sales of $2.6 per annum in exchange.

The tech specifically being utilized appears to be Datametrex’s research and analysis platform. While commonly used to extract data from masses of content such as social media content and news articles, the technology is also useful for analyzing reams of unstructured text and other data. This mass analytical power is what has been licensed for use by that of SeeS Solutions.

“At Datametrex we continue to execute on our strategy of increasing software sales through long term customer partnerships. We are working diligently in the background and are thrilled to finally announce this partnership as another step in our growth trajectory.”

Marshall Gunter, CEO of Datametrex

SeeS Solutions is an operating within the domestic IT business automation solution segment, whom has also recently expanded its overseas operations. The company has three segments, which include automated server operation, simple repetitive tasks in server operation, and automatic work processing.

Datametrex AI last traded at $0.09 on the TSX Venture.


FULL DISCLOSURE: DataMetrex AI Limited is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DataMetrex AI Limited on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

Datametrex Secures Rights To Sell And Distribute Rapid COVID-19 Antigen Test Kits

Datametrex AI (TSXV: DM) this morning announced that it has secured the rights to sell...

Wednesday, August 12, 2020, 09:27:09 AM

Datametrex AI To Repurchase Up To 5% Of Shares

Datametrex AI (TSXV: DM) is looking to put its cash to work for shareholders. The...

Friday, June 3, 2022, 08:23:38 AM

Datametrex Secures Exclusive Rights For COVID-19 Saliva Test Kit In Canada, Saudi Arabia

Datametrex AI (TSXV: DM) has secured further test kits for its COVID-19 testing operation. The...

Wednesday, February 3, 2021, 08:05:27 AM

Datametrex Renews Contract With US Air Force For A.I. Tech

Datametrex AI (TSXV: DM) has seen its contract extended with the US Air Force for...

Friday, July 31, 2020, 11:57:16 AM

Datametrex AI Secures Additional $2.4 Million In Contracts From Lotte Group

Success in foreign markets continues to grow for that of Datametrex AI (TSXV: DM), whom...

Thursday, August 13, 2020, 10:42:09 AM