• Over $4.9 million in revenue
• $1.8 million earned in AI and big data solutions
• Nexalogy reports approximately $1 million in revenue from Government Contracts
• Over $3 million earned in healthcare revenue

Toronto, Ontario--(Newsfile Corp. - August 29, 2023) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce the second quarter ("Q2 2023") financial results for the Company. The Company has filed its financial statements and management discussion and analysis on SEDAR+ for the six months ended on June 2023 ("Q2 2023").

Financial Highlights:

The Company reported revenue of $4,912,584, which includes $1,844,054 earned from big data and Artificial Intelligence solutions, approximately $1 million in revenue from reaching certain milestones on its Government of Canada contract, and healthcare revenue of $3,068,530.

At June 30, 2023, the Company had current assets of $9.3 million, including cash of $3.5 million.

The following financial information from the financial results for the three and six months ending on June 2023, and Management Discussion & Analysis ("MD&A") are available for review on SEDAR+.

Please refer to the Q2 2023 financial statements in its entirety, which is available under Datametrex's profile at www.sedarplus.ca.

The following table summarizes revenue, net loss, EBITDA*, and adjusted EBITDA*.

All figures are in Canadian dollars unless otherwise noted.