Datametrex Provides COVID-19 Testing Update
posted on
Oct 23, 2023 08:00AM
Revenues exceeding $1 million CAD in December 2023
Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF), a pioneer in technology solutions, is actively considering a revival of its COVID-19 testing business, prompted by the surging interest from the film and production sectors. In previous years, the company generated substantial revenues, including $25.9 million in 2022, $45.0 million in 2021, and $8.3 million in 2020, primarily through its Health Security division, with COVID-19 testing services as the cornerstone.
As the world grapples with ongoing COVID-19 challenges, the film and production industry has emerged as a sector with a burgeoning demand for reliable and efficient testing solutions. This demand is driven by a commitment to ensuring the safety of their personnel and the successful execution of their projects.
Notably, the Public Health Agency of Canada has reported a concerning rise in COVID-19 hospitalizations nationwide. As infections surge, and hospitalizations reach levels not seen since the previous winter, the urgency for robust testing in industries like film and production becomes increasingly evident.
Datametrex recognizes the pressing need for COVID-19 testing services in the film and production sector to establish stringent safety protocols on set. The company is vigilantly monitoring regulatory updates and guidelines in this domain and actively exploring the possibility of reinitiating its COVID-19 testing services, aligning with industry-specific regulations, and upholding the highest safety standards.
As discussions progress, Datametrex remains committed to exploring ways to provide COVID-19 testing services to the film and production industry, thereby contributing to the safety and well-being of all involved in these critical projects.
Marshall Gunter, the Chief Executive Officer of Datametrex, expressed his enthusiasm about the film and production industry's interest in their COVID-19 testing services, underlining the company's dedication to delivering reliable testing solutions to maintain safe and productive work environments.
About Datametrex
Datametrex AI Limited is a technology-focused company operating in various industries, including artificial intelligence, machine learning, telehealth, healthcare, and electric vehicles. The company's mission is to provide tools and solutions that enable other businesses to optimize and fulfill their operational objectives, utilizing predictive and preventive technologies. Through their work in setting new standards through artificial intelligence and health diagnostics, Datametrex delivers innovative solutions that enhance the bottom line of businesses.
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