Datametrex PLANS TO FOCUS ON AI, DATA CENTRE, AND PATENT LICENSING
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Toronto, Canada, September 2, 2026 – Datametrex AI Limited (the "Company" or
"Datametrex") (TSXV: DM) (FSE: D4G) (OTC: DTMXF is pleased to announce that it
has initiated plans to wind down its health care operations.
The wind-down is intended to allow the Company to focus its resources and
management efforts on its core AI, data centre technology, and patent licensing
businesses, optimize its current operations and resources, reduce operating and
regulatory compliance requirements, and improve overall financial performance.
As part of the wind-down process, the Company intends to gradually reduce and
ultimately cease its health care operations, including the operation of its multi-
disciplinary medical clinics in Edmonton and Calgary, Alberta, and Vancouver, British
Columbia. These clinics currently provide a range of health care and related services,
including primary and emergency care.
The Company will take a measured and orderly approach to the wind-down process,
with the timing and scope of the reduction of operations determined based on
operational, financial, contractual and regulatory considerations. The Company intends
to manage the transition in an orderly manner and will continue to assess opportunities
to maximize value from its health care assets and operations during the wind-down
process.
The Company expects the wind-down of its health care operations to allow Quanta AI to
simplify its corporate structure and focus on its AI,data centre technology, and patent
licensing businesses. The Company believes that this strategic focus will allow
management to allocate capital and resources toward its core business areas and
pursue opportunities that are aligned with the Company’s long-term objectives. In this
regard, its patent licensing initiatives remain active. The Company will be making further
announcements, as events warrant.
About Datametrex
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and
Healthcare. The Company specializes 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 Company website (www.datametrex.com).
For Additional Information
Michael Kron
CEO & Chairman
416-901-5611
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
This news release contains "forward-looking statements," which involve risks,
uncertainties, and factors that could cause actual results to differ materially from those
anticipated. These statements are not historical facts and are generally identified by
words such as "expects," "plans," "anticipates," "believes," "intends," "estimates,"
"projects," and similar expressions. Such statements include expectations related to the
Company plans and performance.
Forward-looking statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans and strategies,
projections, anticipated events and trends, the economy and other future conditions.
Because forward-looking statements relate to the future, they are subject to inherent
uncertainties, risks and changes in circumstances that are difficult to predict and many
of which are outside of our control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements. Therefore, you should
not rely on any of these forward-looking statements.
While Datametrex believes the forward-looking information is reasonable as of the date
of this release, these statements involve assumptions, risks, and uncertainties that
could cause actual outcomes to differ. Key factors include general economic conditions,
legislative and regulatory developments, access to capital, industry competition, and the
Company's ability to execute its strategies. Except as required by applicable securities
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whether written or oral, that may be made from time to time, whether as a result of new
information, future developments or otherwise.
Readers are advised not to place undue reliance on forward-looking information.
Factors that could cause actual results to differ materially are detailed under "Risk
Factors" in Datametrex's management's discussion and analysis and available on the
Company’s profile at www.sedarplus.ca.
This release does not constitute an offer to sell or a solicitation to buy, nor shall it
constitute an offer, solicitation, or sale in any jurisdiction where such would be unlawful
prior to registration or qualification under applicable securities laws. We seek Safe
Harbor.
