Toronto, Ontario--(Newsfile Corp. - October 17, 2022) - Datametrex AI Limited  (DM: TSXV) (FSE: D4G) (DTMXF: OTCQB) (the "Company" or "Datametrex") is pleased to announce that it has received a Purchase Order (P.O.) from an insurance company on October 13, 2022, for approximately $100,000 CAD for the Operating System Calibration Management and Monitoring System(SysMind), which is server automization operations solution software.

SysMind offers distinctive monitoring, calibration, and predictive analytics to eliminate risk and human error and are a powerful tool to advance any Company to more successful outcomes. The Company is pleased to offer its technology solutions to the insurance industry and diversify its clientele.

The Company is not able to disclose the name of the insurance company due to the confidentiality agreement in place, and current discussion for additional sales to expand the software.

"The Company is thrilled to see the expansion of the work with a Financial Group with the second P.O. from them. Management is continuously focusing on the land and expand strategy by strengthening client relationships. We are pleased with the results so far and look forward to continued contracts with our valued clients," said Marshall Gunter, CEO of the Company.

About Datametrex

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, machine learning, and telehealth and has recently entered the electric vehicle (EV) market. Datametrex's mission is to provide tools and solutions 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, the Company provides progressive solutions to support the supply chain. For additional information on Datametrex and other corporate information, please visit the Company's website at www.datametrex.com.

For further information:

Investor Relations & Communications

Priya Monique Atwal, Director of Communications
Email: [email protected]
Tel: 416-901-5611 x 204

Marshall Gunter, CEO
Email: [email protected]
Tel: 514-295-2300

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept 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 statements regarding the Bid. 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.