DATAMETREX CANCELS INVESTOR RELATIONS AGREEMENT AND GRANT OF OPTIONS

Toronto, Canada, June 27, 2023 – Datametrex AI Limited (the “Company” or “Datametrex’’) (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) announces it has unilaterally terminated its previously announced marketing services agreement with Octagon Media Corp. (“Octagon Media”), effective immediately. The Company has cancelled all options granted to Octagon Media.

The Company is actively looking to enhance its brand awareness and exposure to a larger audience, and as such, will be reviewing other opportunities for services that align with its goals and objectives. With verticals in leading industries, including artificial intelligence, electric vehicles, and healthcare, the Company recognizes the vast growth opportunities that these sectors offer and remains to have a strong focus on earnings, operations, and stock performance.

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.

To learn more about how our AI is used in Cyber Security, Telehealth and EV, visit: https://www.youtube.com/watch?v=ApFk3sWAXtg.

For further information:

Investor Relations & Communications

Priya Monique Atwal, Director of Communications

Email: investors@datametrex.com

Tel: 416-901-5611 x 204

Marshall Gunter, CEO

Email: mgunter@datametrex.com

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) 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. 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.

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