Datametrex Secures Approximately $730K Purchase Order from Lotte
posted on
Jan 04, 2024 07:30AM
Revenues exceeding $1 million CAD in December 2023
In a strategic move set to propel Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) into new heights, the company proudly announces a substantial Purchase Order (P.O.) totaling approximately $730,000 from the renowned global conglomerate, LOTTE. This landmark achievement not only underscores Datametrex's prowess in the IT sector but also signifies a pivotal step in its 'land and expand' strategy with LOTTE.
Founded in innovation and quality, Datametrex is a global leader in Technology Solutions, Artificial Intelligence, and Healthcare. This triumph aligns seamlessly with its mission to enhance operational efficiencies and business outcomes on a worldwide scale. The recent P.O., secured through Datametrex Korea, marks a testament to the company's commitment to providing advanced IT solutions and expanding its global market presence.
Datametrex's success in securing a significant P.O. from various LOTTE subsidiaries, including LOTTE Hi-Mart, LOTTE Card, and LOTTE Auto Lease, positions the company as a preferred vendor within the LOTTE conglomerate. This achievement underscores Datametrex's growing influence and capabilities in delivering advanced IT.
This strategic move is poised to have a substantial impact on Datametrex, further solidifying its reputation as a key player in the global IT services sector. The LOTTE P.O. not only signifies a lucrative business opportunity but also opens doors for Datametrex to explore additional avenues within the conglomerate and beyond.
Charles Park, Datametrex's CEO, emphasizes the significance of these projects, acknowledging the dedication of the team at Datametrex Korea. This achievement stands as a testament to the company's commitment to providing cutting-edge solutions and expanding its global footprint.
While Datametrex celebrates this success, it's crucial to recognize the challenges that may accompany such expansive growth. The company's strategic planning and implementation will be pivotal in navigating potential hurdles and ensuring the smooth execution of these projects.
Datametrex's triumphant $730,000 LOTTE P.O. marks a significant chapter in the company's journey. As it continues to provide advanced IT solutions globally, this achievement positions Datametrex for further success and prominence in the competitive landscape. Investors and industry observers are keenly watching as Datametrex navigates this new frontier, unlocking opportunities and setting new standards in the ever-evolving IT services sector.
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