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DM EVS to Expand EV Charging to the RV Industry

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Toronto, Ontario–(Newsfile Corp. – October 19, 2022) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the “Company” or “Datametrex”) is pleased to announce that the Company’s wholly-owned subsidiary, Datametrex Electric Vehicle Solutions (“DM EVS“), is working with the RV Association to offer its mobile and fast-charging Electric Vehicle (“EV“) services to the recreational vehicle (“RV“) industry.

Due to the increase in Electric RVs (“e-RVs“) and EV trucks, the RV Association is working on solving the electric vehicle charging issues in the parks and camping sites. RV manufacturers and consumers face a deep anxiety on how much range e-RVs would have before its next charge on the road and how accessible the next charge would be.

DM EVS’s goal is to fill the gap and anxiety and keep up with the latest EV trend by providing its electric vehicle charging solutions to the RV industry to solve their charging issues. DM EVS mobile charging solutions and the smart charger are able to provide maximized energy to multiple chargers at once, in any space, including the outdoors, such as the RV park, due to its diversified EV charging products and can provide minimized electricity supply expansion work and will solve RV charging issues outdoors according to the characteristics of the electric infrastructure and space.

Fully electric RVs are all the rage right now and are being manufactured due to high-demand. RVs are the most commonly used vehicle while travelling, whether its for roadtrips, camping or living on the road. The home on wheels burns through a lot fuel. In fact, that’s why Electric RVs are now in demand to make this popular ride more fuel-efficient and go electric. Bloomberg reports that RVs are starting to go electric as RV manufactures plan to roll out all-electric camper vans and trailers as RV consumers are seeking a more sustainable road-trip. However, the underlying issue is finding accessible charging for the electric RVs, which is currently a challenge. (Source: https://www.bloomberg.com/news/articles/2022-07-07/hit-the-road-not-the-gas-in-electric-rvs-aimed-at-millennials?leadSource=uverify%20wall)

“DM EVS is focused on being the problem solver. Keeping up with the latest EV trends and demands is key as an EV contender. We see an opportunity to grow DM EVS in a industry that is need of our solutions. Stepping foot into the RV industry will help expand DM EVS and help fight range anxiety for the RV community. We look forward to sharing more developments on this soon,” said Marshall Gunter, CEO of the Company.

About DM EVS

DM EVS is trailblazing the electric vehicle (EV) industry with its leading-edge mobile charging units and proprietary mobile application. DM EVS provides solutions for drivers facing electric vehicle charging issues with its mobile charging unit which includes 24/7 roadside assistance, quick charging on the go, and preventing potential delays and issues in the future with its AI technology. The fixed AC charging system uses power resources efficiently through the dynamic load balancing function using Bluetooth technology, significantly improving cost and time to charge. DM EVS is the exclusive Canadian partner of EVAR (Electric Vehicle Advanced Recharging Inc.), a spin-off company from Samsung Electronics C-Lab.

To learn more about DM EVS, please visit: https://www.dmevs.com/

About Datametrex

Datametrex AI Limited is a technology-focused company using artificial intelligence (AI) to create progressive solutions for the cyber security, telehealth, and electric vehicle (EV) verticals. Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals with predictive and preventive technologies.

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For additional information on Datametrex and other corporate information, please visit the Company’s website at www.datametrex.com.

For further information:

Investor Relations & Communications

Priya Monique Atwal, Director of Communications
Email: investors@datametrex.com
Tel: 416-901-5611 x 204

Marshall Gunter, CEO
Email: mgunter@datametrex.com
Tel: 514-295-2300

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements, including statements regarding the Bid. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141093

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