DATAMETREX RECEIVES ADDITIONAL P.O. FOR $410K FROM A SILICON VALLEY TECH COMPANY

Toronto, Canada, October 18, 2022 – Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G, OTC: DTMXF) is thrilled to announce that further to the news release on October 14, 2022, the Company has received an additional Purchase Order (P.O.) from Bitnine Global Inc. (“Bitnine”), a Silicon Valley technology company based in San Francisco, on October 17, 2022, for approximately $410,000 CAD for the Company’s AI services.


The Company values its existing clients. Datametrex has focused on its land and expand strategy, which has been extremely successful. This second P.O. from Bitnine is a strong endorsement of and demonstrates the demand for our AI technologies.


Management plans to continue to build a solid relationship with its clients by providing exemplary services and solutions to ultimately grow business and bring in more profit and revenue.

“The Company is very excited to receive a second contract from Bitnine in such a short period. Datametrex provides cyber security initiatives and AI technology services to some of the most notable global organizations such as the Canadian and American Governments and NATO. We are proud to be able to share our expertise in artificial intelligence and its technology solutions with the private sector,” said Marshall Gunter, CEO of the Company.


About Bitnine


Bitnine is a global leader in graph database business solutions. Bitnine solves big data problems by creating solutions that are consistently evolving. Bitnine was founded on principles of collaboration, innovation, science and creativity. This is reflected in the company culture where the employees are not only highly skilled, they are highly passionate about what they do. Their primary objective is to achieve business outcomes that position your company for long term success. At Bitnine, the main goal is to provide customers with more innovative and high efficiency database solutions, as well as a better operational environment to avoid complications and risks.


To learn more about Bitnine, please visit: https://bitnine.net/


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: 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) 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.


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