TSX Venture Exchange Symbol "DM"
TORONTO, March 21, 2018 /CNW/ - Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce the appointment of Peter Kim as the new President and Chief Operating Officer of its joint venture company, Graph Blockchain Limited ("Graph Blockchain"), effective March 20, 2018. Mr. Kim was most recently a District Vice President at a Toronto-based asset management firm and has years of experience leading high calibre teams as head of institutional trading desks, in addition to being previously fully licensed to provide investment advice.
"Graph Blockchain is an incredible business. The company is leading the way, in an industry that is in its infancy, with technology that allows for superior speed and efficiencies on Blockchain solutions. I am confident that the relationships over the years with Retail Investment Advisors, and Institutional Portfolio Managers will be highly beneficial to Graph Blockchain as we take the company public and bring new investors to the table. Furthermore, I'm excited at this opportunity to lead this highly skilled group, while working in conjunction with the exceptionally talented teams at our JV partners Datametrex and Bitnine Global Inc., as we see tremendous strategic growth both in our business and in the Blockchain technology market," said Peter Kim, President and COO of Graph Blockchain.
"We are extremely pleased that Peter Kim has joined Graph Blockchain as President and COO. His experience in financial markets and expertise in developing highly engaged teams and partnerships will be key in driving the business forward. I look forward to working with him, as this industry and our business continues to see exceptional growth," said Andrew Ryu, CEO and Chairman of the Company.
About Graph Blockchain
Graph Blockchain is a joint venture formed between Datametrex and Bitnine. The JV mandate is to bring the value of Graph Database technology to the blockchain environment where there is a great need to enhance performance and present the verified and authenticated data in unique ways.
About Datametrex AI Ltd
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sales environments. Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com). Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (www.roninblockchain.com).
Additional information on Datametrex is available at: www.datametrex.com
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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.
This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including statements regarding the completion of the proposed going public transaction and the growth of the business of Graph Blockchain. Forward-looking information is not a guarantee of future performance or results, since it involves risks and uncertainties. There is no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in forward-looking statements. Some of the factors on which the forward-looking statements are premised include (but are not limited to) the receipt of necessary approvals from securities regulatory authorities for the proposed going public transaction. Except as required by law, the Company does not assume and expressly renounces any obligation to update any forward-looking information, which is only applicable on the date on which it is given.
SOURCE Datametrex AI Limited
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