Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has been awarded two AI related contracts totalling $150,000 on the initial pilot contracts.
The first contract is for tech support for Incheon International Airport Corporation ("IIAC"), a major airport in the Republic of Korea.
Under the terms of the contract, Datametrex will provide AI for job automation scheduling using AI technologies in partnership with third party software from Sees solutions for Workload Automation-As-A-Service ("WAAAS"). The batch job scheduler will help automate the workflow with all batch jobs that are software managed and approve the results of the execution by WAAAS. Integrated batch job scheduler systems are linked to the existing legacy system and each target system is configured to execute batch jobs. Once operational, the system will feature integrated batch job management, flexible approval system, efficient calendar management, secure security, optimal performance, and agent add-in are features that manage file transfer functions.
The Company was also awarded a contract with ABL Life Insurance Co., Ltd. ("ABL") for job automation scheduling. The Company commenced the work, and is already in negotiation to expand the scope of work and contract.
About Incheon International Airport Corporation
Seoul Airport, known officially as Incheon International Airport (IATA: ICN, ICAO: RKSI), and is the largest and the primary airport serving Seoul, the capital of South Korea. The airport employs over 40,000 people and include airport management staff, security personnel and system managers.
It is located west of Incheon city and 30 miles (48 km) west of Seoul. Incheon Airport consists of two passenger terminals, and has 111 boarding gates altogether, with 44 in Terminal 1, 30 in Concourse A (connected to Terminal 1), and 37 in Terminal 2. It has been rated as the one of the world's cleanest airports and highly rated international transit airports by Skytrax. In 2019, the airport served a total of 70,857,908 passengers and ranked 8th in international passengers and 3rd in international cargo. Additional information on Incheon is available at www.airport.kr/
About ABL Life Insurance Co., Ltd
Founded in 1954, ABL Life provides insurance products and financial services to 1.13 million customers based on a nationwide sales network. ABL Life Insurance is striving to become "a reliable global life insurance company that provides 'better life' through advanced products and smart services." Additional information on ABL is available at www.abllife.co.kr/
Datametrex AI Limited is a technology-focused with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex's mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.
For further information, please contact:
Marshall Gunter - CEO
Phone: (514) 295-2300
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Certain statements including in this news release contain "forward-looking information" or constitute "forward-looking statements" within the meaning of applicable securities laws. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy, including the dollar amount of revenue anticipated under the Agreement.
Forward-looking statements or information are based on current expectations, estimates and projections that involve several risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company and described in the forward-looking statements or information. These risks and uncertainties may cause actual results to differ materially from the forward-looking statements or information.
Readers are cautioned that the foregoing list is not exhaustive of all possible risks and uncertainties. Readers are also cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations, and opinions of management on the time such forward-looking information is made. Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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