Datametrex Shares Open Letter to Shareholders
23 October 2019 - 3:49AM
Datametrex AI Limited (the
“
Company” or “
Datametrex”)
(
TSXV: DM, FSE: D4G) is pleased to share an
open letter to shareholders written by Marhsall Gunter, CEO of the
Company.
Dear Shareholders,
I want to begin by thanking you for your support. So far, 2019
has seen the Company reach significant milestones and I am excited
about our prospects as we look to 2020.
As the incoming CEO, my focus will be on driving revenue and
product development. My plan is to get Datametrex laser focused on
expanding our client base and staying in our lane. To that effect,
I, along with the management team and board, have decided not to
proceed with the proposed acquisition of Semeon Analytics Inc. as
released on August 23, 2019. It is my opinion that Datametrex needs
to remain focused on Nexalogy’s own products and sales channels. We
need to rebuild trust with the investment community and I believe
this is a first step in that direction.
Throughout 2019, Nexalogy has been working on perfecting some
new tools . First, we have NexaAgent, our entity
extraction, text summarization, automation, and situational
awareness tool. Work on NexaAgent first started in 2018, was
tested during our participation in Operation Trident Juncture with
NATO, and then finalized recently in 2019. Next we have
NexaNarrative, our narrative tracking,
disinformation detection, and publisher classification tool.
Building on our previous fake news detection work, NexaNarrative
provides narrative identification and growth tracking software that
allows analysts to track the spread of disinformation online and to
engage this disinformation using the BEND doctrine of information
warfare currently in use by Canada and most other NATO countries.
NexaNarrative is under active development in conjunction with the
DRDC and was used to track disinformation influencing issues
material to the recent Canadian election. Our findings were
presented and were reviewed at a NATO conference in Europe last
week. Lastly, we have NexaCloud. NexaCloud is our
version of NexaIntelligence built on Docker Engine container
technology. NexaCloud allows us to deploy NexaIntelligence
just about anywhere, from laptops to internal networks to any cloud
provider. NexaCloud has been powering the NexaIntelligence SaaS
offering for the last couple months and will soon be upgraded with
a new data processing pipeline that will increase the ability of
NexaIntelligence to process data by 10 to 100 fold. The addition of
these toolsets put us in a great position to go to markets with new
product offerings. Our first new product offering
is NexaSecurity, an open source intelligence threat
assessment and protection platform. NexaSecurity combines
years of battle tested, military grade technology used in such
operations as safeguarding Canadian Armed Forces forward deployed
in Mali and to providing early threat detection at the Canada 150
celebration on Parliament Hill with our latest NexaAgent entity
extraction, text summarization, and situational awareness
technologies. This unique combination of advanced AI technologies
allows NexaSecurity to expose both real and cyber security threats
in real time, before they manifest. NexaSecurity will provide law
enforcement, military, and private security forces with a unique
tool set capable of securing individuals, events, force
deployments, buildings, and geographic areas from eminent threats
by keeping the pulse on social media platforms, actively searching
for threats. Next, using the new NexaCloud
technology, we will be targeting several new international markets,
including on premise installations in the United States, South
Korea, and the Middle East. Previously, data locality laws and
requirements prevented us from engaging these markets. Combined,
the new toolsets and product offerings puts Nexalogy in a position
to be a leader in the cyber security space, in both the public and
private sectors. Nexalogy now has a very unique offering for
securing individuals, events, force deployments, buildings, and
geographic areas from eminent threats by keeping the pulse on
social media platforms, actively searching for threats. To
jumpstart Nexalogy's entry into these new verticals and markets, we
have partnered with One 9 Investments Inc. as previously announced
on September 16, 2019. With over 70 years of post-9/11 military
experience, the team at One 9 Investments is comprised of special
operations personnel whose experience spans the full spectrum of
modern-day conflict. Globally connected in the Five Eyes, NATO and
global special forces community, One 9’s network extends to other
branches of government responsible for intelligence and national
security community. With intuitive understanding of how tools like
Nexalogy will be integrated into operations, One 9 is uniquely
positioned to add value when connecting the company to the end
user, understanding the lexicon and realities in situations where
operational security does not permit disclosure and dissemination.
One 9 will bridge that divide.
I am excited to take on the CEO role and to work closely with
the team to continue to grow our revenue, develop best in class
products and communicate with our investors.
Kind Regards,
Marshall Gunter- CEO
For more information on this project or to learn how Datametrex
can assist your organization in social media discovery, Fake News
Filters and BOT detection please go to:
www.nexalogy.com
About Datametrex
Datametrex AI Limited is a technology focused
company with exposure to Artificial Intelligence and Machine
Learning through its wholly owned subsidiary, Nexalogy
(www.nexalogy.com).
For more information about the IDEaS program
please visit: Canada.ca/defence-ideas
For further information, please
contact:
Jeff Stevens - PresidentPhone: (416) 482-3282Email:
jstevens@datametrex.com
Forward-Looking Statements
This news release contains “forward-looking
information” within the meaning of applicable securities
laws. All statements contained herein that are not clearly
historical in nature may constitute forward-looking information. In
some cases, forward-looking information can be identified by words
or phrases such as “may”, “will”, “expect”, “likely”, “should”,
“would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”,
“estimate”, “believe” or the negative of these terms, or other
similar words, expressions and grammatical variations thereof, or
statements that certain events or conditions “may” or “will”
happen, or by discussions of strategy.
Readers are cautioned to consider these and
other factors, uncertainties and potential events carefully and not
to put undue reliance on forward-looking information. The
forward-looking information contained herein is made as of the date
of this press release and is based on the beliefs, estimates,
expectations and opinions of management on the date such
forward-looking information is made. The Company undertakes no
obligation to update or revise any forward-looking information,
whether as a result of new information, estimates or opinions,
future events or results or otherwise or to explain any material
difference between subsequent actual events and such
forward-looking information, except as required by applicable
law.
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