Toronto, Ontario--(Newsfile Corp. - June 21, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to reveal that the Company's new, wholly owned subsidiary, Datametrex Electric Vehicle Solutions. ("DM EVS"), will be rolling out the first twenty (20) emergency roadside assistance mobile charging units that will hit the market from September 2022 through to March 2023 in Canada.
DM EVS is the exclusive Canadian partner of EVAR (Electric Vehicle Advanced Recharging Inc.), a company that is a spin-off from Samsung Electronics C-Lab.
EVAR Business Highlights
- EVAR is one of the developers of innovative solutions for electric vehicle charging and is one of the world's first developers of autonomous EV recharging robots.
- EVAR is a spin-off from Samsung Electronics C-Lab with a focus on creating a hassle free, EV recharging environment.
- EVAR won the innovation award at CES 2022, the world's largest technology event along with "Best Innovation" award from Lotte Construction.
- EVAR obtains Li-ion batteries from SK ON, LG Energy Solution and Samsung SDI and serves as technical advisors for major Korean battery corporations.
To learn more about EVAR, please visit: https://www.evar.co.kr
"The next few months the Company will be working on expanding business operations and providing maximum value in the EV space. EV is gaining vast popularity due to its efficiency, and I am confident that profitable value and immense growth will be created." - Marshall Gunter, CEO of the Company.
"The company is excited to launch further into the EV space with the rollout of its first set of mobile roadside vehicles underway. As we expand and grow in this sector, using our technology in EV will only advance the Company further", said Gregory Lee, President of DM EVS.
DM EVS Highlights
- A focus on electric vehicle mobile charging solutions using its mobile application.
- The simple mobile application allows clients to reserve its roadside assistance EV charging service drivers, much like Uber and similar share economy apps.
- The Company is in the process of rolling out EV Charging Vehicles with battery management systems (BMS).
- Future growth plans include expanding into other cities in North America.
DM EVS Overview
DM EVS is trailblazing the electric vehicle (EV) industry with its leading-edge mobile charging units and proprietary mobile application. DM EVS provides solutions for drivers facing electric vehicle charging issues with its mobile charging unit which includes 24/7 roadside assistance, quick charging on the go, and preventing potential delays and issues in the future with their AI technology.
For additional information on Datametrex EV Solutions, please visit the Company's website at www.dmevs.com.
About Datametrex
Datametrex AI Limited is a technology-focused company using artificial intelligence (AI) to create progressive solutions for the cyber security, telehealth, and electric vehicle (EV) verticals. Datametrex's mission is to provide tools that support companies in fulfilling their operational goals with predictive and preventive technologies.
For additional information on Datametrex and other corporate information, please visit the Company's website at www.datametrex.com
For further information:
Kristina Colpitts, Director of Marketing Communications
Email: investors@datametrex.com
Tel: 416-901-5611 ext. 204
Marshall Gunter, CEO
Email: mgunter@datametrex.com
Tel: 514-295-2300
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 statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute 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. 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. There is no guarantee that its Datametrex Electric Vehicle Solutions business will be successful. Readers should not place undue reliance on forward-looking statements. 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.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, 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.
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