Source: Datametrex AI.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Datametrex AI (DM) receives a Purchase Order (PO) from Lotte Card on September 16, 2022, for approximately $500,000
  • Lotte is the 5th largest credit card company in Korea
  • This private sector contract is one of the many developments of the company’s expansion strategy in Korea
  • Datametrex AI (DM) is a technology-focused company with exposure to artificial intelligence, machine learning, and telehealth and has recently entered the electric vehicle (EV) market
  • Datametrex AI (DM) is up today, trading at C$0.09 as of Sep 22, 3:20 pm ET

Datametrex AI (DM) receives a Purchase Order (PO) from Lotte Card for approximately $500,000.

Lotte is the 5th largest credit card company in Korea.

This private sector contract is one of the many developments of the company’s expansion strategy in Korea. Datametrex is the preferred vendor for Lotte’s credit card company.

This shows that the company has technology applicable to both the public and the private sector.

Marshall Gunter, CEO of Datametrex, says:

“Datametrex is thrilled to receive another P.O. for half a million dollars from Lotte Card. Continuously expanding our technology services internationally to one of the most prominent organizations in Korea is an achievement. We are proud to prove our land and expansion strategy.”

Lotte Card is a financial service company providing both credit card and lending business in Korea. The company was established in December 2002 and is licensed by American Express and Lotte Department Store.

Datametrex AI (DM) is a technology-focused company with exposure to artificial intelligence, machine learning, and telehealth and has recently entered the electric vehicle (EV) market.

Datametrex AI (DM) is up today, trading at C$0.09 as of Sep 22, 3:20 pm ET.


More From The Market Herald
VitalHub

" VitalHub (TSX:VHI) announces multi year contract with NHS Mid and South Essex ICB

VitalHub (VHI) announced a multi-year licensing contract with NHS Mid and South Essex Integrated Care Board (Essex).

" SpotLite360 (CSE:LITE) closes private placement

SpotLite360 IOT Solutions (LITE) has closed a non-brokered private placement for gross proceeds of $350,000.

" Tenet (CSE:PKK) announces short-form prospectus public offering

Tenet Fintech Group (PKK) has obtained a receipt for a preliminary short-form prospectus from the securities regulatory authority in the province of Ontario.

" No pain, no blood: BETTER Type 2 diabetes testing is coming to market

Over the past two years, reporting on the Covid-19 pandemic has dominated media airwaves.