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  • Datametrex AI has renewed and extended its sales agreements with LOTTE Group for technology services and maintenance
  • The aggregate gross revenue from these agreements is approximately C$500,000 with the gross margin of C$259,000
  • LOTTE Group is the fifth-largest conglomerate in Korea with annual revenues of approximately USD$60 billion
  • Datametrex AI is a continued preferred vendor partner for LOTTE
  • Datametrex AI Limited opened at C$0.19 per share

Datametrex AI (DM) has renewed and extended its sales agreements with LOTTE Group for technology services and maintenance.

The aggregate gross revenue from these agreements is approximately C$500,000 with the gross margin of C$259,000.

LOTTE Group is the fifth-largest conglomerate in Korea with annual revenues of approximately USD$60 billion consisting of over 90 business divisions.

LOTTE is engaged in diverse industries that include hotels, resorts and entertainment.

Datametrex AI is a continued preferred vendor partner for LOTTE, and vendors on this platform have demonstrated quality, reliability and trustworthiness.

"These extended agreements with LOTTE further confirm Datametrex's business strategy for generating revenue from its diverse portfolio of AI technology and cybersecurity products," said Marshall Gunter, the CEO of Datametrex AI.

Datametrex AI Limited opened at C$0.19 per share.

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