TORONTO, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) is pleased to announce Datametrex AI Limited and Nexalogy Environics Security Solutions Overview.

Datametrex and its acquisition target, Nexalogy, firmly believe in the use of AI tools for governments and corporations to identify and prevent potential terrorist threats and assist in disaster management.

Nexalogy has developed and deployed AI solutions specifically designed for Defense and Security currently being used by government agencies.

The technology is capable of identifying the following:

• Situations Awareness
• Faction Identification
• Identification of radicalization and influential actors
• Country Monitoring tools:
  •  country based social data feeds
  •  conflict detection
  •  social risk assessment
  •  fake news and bot detection and social media feeds
  •  artificial intelligence based summarization of social media content from a conflict or disaster area         

Disaster and Crisis Management Solutions:

• Rescue assistance monitoring
• Real time crisis monitoring

“With recent events internationally and in the United States, we see tremendous potential for this technology to assist governments and corporations to effectively monitor crisis around security and disaster management and prevention” said Andrew Ryu , Chairman and CEO of the company.

About Nexalogy

Nexalogy unlocks valuable insights from social media data. Through its proprietary semantic clustering algorithms, it provides insights and analysis that aren’t available through traditional business intelligence technology. This technology makes data more relevant and is the missing link in providing actionable social media intelligence to governments and organizations all over the world.

About the Company

Datametrex is a big data company for retail, brands, and other organizations. The company’s DataTap technology captures all data sent from the POS to the receipt printer and scanner, and then sends it to the cloud, so it can be presented for key decision making. The company is planning on integrating the DataTap environment to decentralized blockchains to further authenticate and validate the data collected.

To learn more about the Company, visit: www.datametrex.com.

For further information, please contact:

Jeffrey Stevens – President & COO
Phone:   (647) 400-8494
Email:    jstevens@datametrex.com

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 includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company`s and Nexalogy`s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s and Nexalogy`s control.

Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.

The forward-looking information contained herein includes, but is not limited to, information with respect to prospective financial performance, anticipated capital funding and sources, proposed or potential acquisitions, estimated operating and sales costs, estimated market drivers and demand, business prospects and strategy, new markets for growth and financial position. By identifying such information and statements in this manner, the Company and Nexalogy are alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company or Nexalogy to be materially different from those expressed or implied by such information and statements.

Although the Company and Nexalogy believe that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release.

The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in its entirety by this notice.