TORONTO, March 19, 2019 (GLOBE NEWSWIRE) — Datametrex AI Limited (TSXV:DM) (the “Company” or “Datametrex”) is pleased to provide update on its pilot program with EMPOWER CLINICS INC. (CSE: EPW) (“Empower”) through its subsidiary Canntop AI Inc. (“Canntop”) to develop a deeper understanding of patients’ awareness of cannabis-based treatment options and the ongoing effectiveness.

The Company has provided select SEO terms and phrases for use in Canntop AI platform targeting two key company markets of Portland, OR and Phoenix, AZ to gain actionable insights on how consumer social data is generating interest in CBD based products, alternative pain management options and the use of cannabis-based therapies.  

These insights are beginning to show how patients in our key markets are talking about or describing their experience, ideas and even providing recommendations about alternative therapies and its effectiveness in treating a wide array of qualifying conditions.

“We believe the outcomes of our AI efforts, if successful, could position the Company as an educational leader and we plan to collaborate with the industry to ultimately improve patient care,” said Steven McAuley, Empower’s Chief Executive Officer. “The powerful AI tools of Canntop are required to successfully analyze the substantial amounts of data in the Empower database and the additional data from the proposed acquisition of the Sun Valley Clinic group, that has a combined 165,000 patients.”

“We are thrilled that Empower chose Canntop to be their partner for their Artificial Intelligence needs. This is a great validation for our business model and we look forward to expanding our program with Empower as they continue to expand their product. We believe that this alliance between Canntop and Empower will create a strong platform for data analysis in the Cannabis sector especially in the U.S., providing insurers and health care providers an ideal solution for patient care,” says Michael Frank, the Chief Strategy Officer of Datametrex.

About Empower

Empower is undertaking new growth initiatives to be positioned as a vertically integrated diverse health and wellness company with an expanding network of physician-staffed clinics, a diverse CBD product strategy and a leader in hemp-derived CBD extraction, research and development. Treatment solutions are focused on education, data and efficacy in combination with other modalities to support patients with serious qualifying conditions, such as chronic pain, PTSD, sleep disorders, opioid dependency, epilepsy and more. It is expected that Empower’s proprietary product line “Sollievo” will offer patients a variety of delivery methods of doctor recommended cannabidiol (CBD) based product options in its clinics, online and at major retailers. With over 120,000 patients, an expanding clinic footprint, a focus on new technologies, including tele-medicine and an expanded product development strategy, Empower is ready to capitalize on the explosive growth expectations in the United States after the passing of US$867 billion Agriculture Improvement Act (the Farm Bill).

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com) and  Implementing Blockchain technology for secure Data Transfers through its investee company, Graph Blockchain (www.graphblockchain.com).

For further information, please contact:

Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: [email protected]

Neither the 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 information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

TORONTO, March 18, 2019 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) announces that it has entered into a final settlement agreement (the “Settlement Agreement”) with the owners of 0718512 BC Ltd., a company representing 25% of the vendors of Ronin Blockchain Corp. (“Ronin”), a wholly owned subsidiary of the Company. In connection with the terms of settlement, the Company will issue 2,000,000 common shares in the capital of the Company (“Common Shares”) at a deemed price of $0.05 per share for total consideration of $100,000.

A Statement of Claim was issued to the vendors of Ronin Blockchain Corp. on January 16^th, 2019 alleging the vendors breached certain representations and warranties in the share purchase agreement entered into between Datametrex and the Vendors on January 15, 2018 (the “Share Purchase Agreement”) pursuant to which Datametrex acquired all of the issued and outstanding common shares of Ronin from the Vendors (the “Transaction”).

“We are happy to report that we successfully negotiated a settlement with the owners of 0718512 BC Ltd. This group owned 25% of Ronin Blockchain and agreed to settle for $100,000 representing 20% of the final payment. We believe this is a fair and reasonable settlement and look forward to negotiating with the remaining 75% of the vendors,” says Andrew Ryu, CEO and Chairman of the Company.

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com) and Implementing Blockchain technology for secure Data Transfers through its investee company, Graph Blockchain (www.graphblockchain.com).

For further information, please contact:

Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: [email protected]

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

TORONTO, March 04, 2019 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) announces the departure of Richard Stone and Josh Gerstein from the board of directors. The company and the board thank both Richard and Josh for their service and wish them well in their future endeavours.

The Company is focused on expanding its AI footprint into a number of verticals and will look to add board members to assist in these sectors.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com) and  Implementing Blockchain technology for secure Data Transfers through its investee company, Graph Blockchain (www.graphblockchain.com).

Additional information on Datametrex is available at: www.datametrex.com

To stay informed about Datametrex, please join our Investor Group on 8020 Connect http://bit.ly/2fPUNwF for all upcoming news releases, articles comments and questions.

Neither the 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 information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

For further information, please contact:

Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: [email protected]

TORONTO, March 01, 2019 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G) announces that it has entered into an amended and final settlement agreement (the “Amended Settlement Agreement”) with Mr. Darcy Taylor, the former President of Ronin Blockchain Corp. (“Ronin”), a wholly owned subsidiary of the Company, based on the original terms of which were previously announced on November 27, 2018. In accordance with the terms of the Amended Settlement Agreement, Mr. Taylor has entered into an agreement with the Company to serve as an independent consultant to assist and advise the Company on matters relating to Ronin on a fixed hourly fee basis without minimum hours. In connection with the terms of settlement, the Company has issued to Mr. Taylor 363,636 common shares in the capital of the Company (“Common Shares”) in satisfaction of $20,000 of indebtedness at a deemed price of $0.055 per share, and granted Mr. Taylor 500,000 stock options pursuant to the Company’s stock option plan. Each option will vest immediately and be exercisable for one Common Share at an exercise price equal to $0.20 per share for a period of 12 months from the date of issuance. The 363,636 Common Shares were issued to preserve the Company’s cash and was approved by the directors of the Company and by the TSX Venture Exchange.

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com) and Implementing Blockchain technology for secure Data Transfers through its investee company, Graph Blockchain (www.graphblockchain.com).

For further information, please contact:

Jeffrey Stevens – President & COO
Phone: (647) 400-8494
Email: [email protected]

Neither the 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.