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New Listing: Direct Communications Solutions (CSE:DCSI)

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Direct Communication Solutions, Inc. helps its customers navigate the Internet of Things landscape through its wireless engineers and industry experts.

Additional Information:

Company: Direct Communications Solutions
Website: http://www.DCSbusiness.com
Stock Symbol: CSE: DCSI
Date Published: Jan 8, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Direct Communications Solutions is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “DCSI”.

Direct Communication Solutions, Inc. helps its customers navigate the Internet of Things landscape through its wireless engineers and industry experts.

Their clients range from those seeking recommendations on embedded wireless modules, to individuals wanting bundled wireless solutions, to companies needing assistance with buying the right wireless products.

The company has developed a portfolio of cellular based solutions that connect all the “things” in the Internet of Things.

DCS has traditionally sold within various hardware-related verticals that are tied to the broad IoT market.

These areas have included markets such as Fleet Management, Healthcare, Retail Point-of-Sale,
Industrial, Energy & Utilities, and Safety and Security.

As the company transitions to software, SaaS and services it can address traditional software application markets.

In addition, the company is planning to launch applications within the beer, transportation and cannabis marketplaces.

Both the beer and cannabis markets have very similar needs when it comes to sensors and utilizing the big data from those sensors.

Both products are temperature sensitive and have a limited shelf-life, therefore, the logistics data that can
be obtained from these sensors can be significant in a company’s operations.

Chris Bursey, CEO, stated: “The listing on the Canadian Securities Exchange creates opportunities for DCS to build upon our success and complete the development of our new products. Having access to additional capital will allow us to accelerate our growth, furthering our position as a fully integrated Internet of Things (IoT) products, services and solutions provider.”

The company recently raised gross proceeds of $2,657,000 from the placement of 1,328,500 shares priced at $2.00 per share.

Industrial Alliance Securities acted as lead agent for the IPO.

The shares are trading at $2.00

For more information, please visit the company’s website www.DCSbusiness.com, contact Chris Bursey, CEO, at 858-798-7100 or by email at cbursey@DCSbusiness.com.

Investor Relations is handled by Bill Espley, Director, who can be reached at 604-630-3072 or by email at billespley@gmail.com.

I’m Cassandra Bolinski for Investmentpitch Media