DCS Reports Strong Q2 Revenues and Growth
Highlights:For the Quarter ending June 2022, Quarterly Revenues were reported at (Q2Revenue) USD $5.8 Million (CAD $7.5 Million) vs USD $3.7 Million in Q2 2021 representing an YOY 57% increase Q2Gross Profit of $2.1 Million (CAD $2.7 Million) vs USD $1.0 Million IN Q2 2021 representing an YOY 110% increaseFor the Six Months ending June 2022, The Six Months Revenues were reported at USD $13.6M (CAD $17.7M) vs USD $8.0M in 2021 representing an YOY 70% increaseThe Six Months Gross...
2022-08-22 4:10 PM EDT
DCS Strengthens the Board and Audit Committee to be NASDAQ Compliant
San Diego, California--(Newsfile Corp. - July 29, 2022) - DCS (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU), a leading provider of information technology solutions for the Internet of Things (IoT) market, announced today that Ms. Julie Hajduk and Mr. David Diamond have been appointed as members of its Board of Directors. Ms. Hajduk will replace Mr. Konstantin Lichtenwald, who tendered his resignation as a director to focus on his role as the Chief Financial Officer (CFO) of the Company, effective July...
2022-07-29 4:32 PM EDT
DCS and US Cellular Jointly Provided 4G LTE Wireless Upgrades for the Duplin County School Buses
San Diego, California--(Newsfile Corp. - July 25, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU) a leading provider of information technology solutions for the Internet of Things (IoT) market, is excited to announce the successful technology upgrade of 157 school buses for Duplin County School District in North Carolina. The 4G LTE upgrade transitions their antiquated 2G technology to the latest 4G LTE wireless technology for managing their school buses on...
2022-07-25 8:40 AM EDT
DCS Launches Smart ESG Program to Provide Cloud-Based IoT Solutions for The ESG Assets and Data Market
San Diego, California--(Newsfile Corp. - June 22, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU) a leading provider of information technology solutions for the Internet of Things (IoT) market, is excited to announce the successful launch of Smart ESG program to provide customers with tracking, monitoring and manage their Environmental, Social and Governance (ESG) assets and data. Fleet + ESG (part of the MiFleet SaaS) is the flagship application in the first...
2022-06-22 4:10 PM EDT
DCS Reports Strong Q1 Revenues and Earnings
Highlights:For the Quarter ending March 2022, Quarterly Revenues WERE REPORTED AT (Q1Revenue) USD $7.8 Million (CAD $9.7 Million) VS USD $4.3 Million IN Q1 2021 REPRESENTING AN YOY 81% INCREASE Q1Gross Profit of $2.4 Million (CAD $3.0 Million) VS USD $1.2 Million IN Q1 2021 REPRESENTING AN YOY 100% INCREASEQ1Revenue of USD $7.8 Million (CAD $9.7 Million) VS Q4Revenue 2021 of USD $5.7 Million REPRESENTING AN 37% INCREASEQ1 Net Income of USD $0.6 Million (CAD $0.8 Million) VS Net Loss...
2022-05-30 5:52 PM EDT
DCS Announces Audited Financial Results for FY 2021
Highlights:REPORTED BACKLOG GREW TO USD $16.3 Million IN FY 2021 VS REPORTED BACKLOG OF USD $2.9 Million IN FY 2020 REPRESENTING AN YOY 462% INCREASE; GROWTH IS ATTRIBUTED TO NEW ORDERS AND UPGRADESFor the Fiscal Year Ending December 2021, Annual Revenues were reported AT (FY2021Revenue) USD $16.5 Million (CAD $20.9 Million) VS USD $14.3 Million IN FY2020 REPRESENTING AN YOY 15% INCREASEFor the Fiscal Year Ending December 2021, SaaS Revenues were reported AT (FY2021 SaaS Revenue) USD $1.1...
2022-04-25 5:51 PM EDT
DCS Announces Strategic Partnership with Streamline Transportation Technologies to Kick-off International Expansion in SaaS
San Diego, California--(Newsfile Corp. - March 29, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU), a leading provider of information technology solutions for the Internet of Things (IoT) market, is excited to announce a strategic partnership with Streamline Transportation Technologies to deliver SaaS solutions on next-generation Video Telematics ("Product"). With an estimated CAGR of 15%, Video Telematics is a natural fit for DCS current product portfolio...
2022-03-29 8:30 AM EDT
DCS Reports Strong Q4 Revenues and Year Ending Backlog
Highlights:BACKLOG GREW TO $15.94 Million IN YE 2021 VS $1.67 Million IN YE 2020 REPRESENTING AN YOY 855% INCREASE; GROWTH IS ATTRIBUTED TO NEW ORDERS AND UPGRADESFor the Quarter ending December 2021, Quarterly Revenues WERE ESTIMATED AT (Q4Revenue) USD $5.68 Million (CAD $7.21 Million) VS Q3Revenue of USD $2.83 Million IN Q3 2020 REPRESENTING AN 100% INCREASEQ4Revenue of USD $5.68 Million (CAD $7.21 Million) VS USD $4.41 Million IN Q4 2020 REPRESENTING AN YOY 29% INCREASEEntered into a new...
2022-03-16 8:30 AM EDT
DCS Announces Intention To Seek NASDAQ Uplisting
San Diego, California--(Newsfile Corp. - March 9, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU) a leading provider of information technology solutions for the Internet of Things (IoT) market, announced it is going to pursue an uplisting to the NASDAQ Stock Exchange in the next 12 months."I am delighted to start the journey to potentially list on NASDAQ," said Chris Bursey, CEO and Chairman of the Board. "Demand for our IoT services and solutions remain...
2022-03-09 8:30 AM EST
DCS Chooses Telenor as Its Preferred Source for Connectivity
San Diego, California--(Newsfile Corp. - February 24, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE:7QU) a technology solutions integrator for the IoT sector, announced today it has chosen Telenor's Managed Connectivity service to provide reliable connectivity for their IoT solutions. DCS is a leading Technical Services Provider for SaaS and telematic solutions in North America, focusing on connecting the Internet of Things (IoT). The DCS product and solutions...
2022-02-24 9:00 AM EST
DCS Announces Listing on Frankfurt Stock Exchange
San Diego, California--(Newsfile Corp. - January 20, 2022) - Direct Communication Solutions, Inc. (FSE: 7QU) (OTCQX: DCSX) (CSE: DCSI) a leading provider of information technology solutions for the Internet of Things (IoT) market, announced today that it has been listed on the Frankfurt Stock Exchange (the "FSE") under the trading symbol "7QU". "We are pleased to trade on the Frankfurt Stock Exchange, offering our shareholders increased liquidity as well as increasing our global visibility,"...
2022-01-20 9:30 AM EST
DCS Announces Appointment of New Director
San Diego, California--(Newsfile Corp. - January 11, 2022) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) a leading provider of information technology solutions for the Internet of Things (IoT) market, announced today the appointment of Konstantin Lichtenwald as a member of its Board of Directors. Mr. Lichtenwald's background will assist DCS's efforts to focus on corporate finance and strategic transactions and expand into rapid growth sectors. Konstantin Lichtenwald has...
2022-01-11 4:31 PM EST
DCS Announces Strategic Partnership with AMIT Wireless
San Diego, California--(Newsfile Corp. - July 14, 2021) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (DCS), a leading Technical Services Provider for the Internet of Things (IoT) market, announced the addition of the AMIT Wireless line of IoT products to its comprehensive IoT solutions portfolio. This strategic partnership will expand the DCS solutions product offerings for the IoT market in North America.AMIT Wireless is a leader in designing and manufacturing innovative...
2021-07-14 9:20 AM EDT
DCS Appointed First Distributor in North America by TOPFLYtech
San Diego, California--(Newsfile Corp. - May 5, 2021) - DCS (OTCQX: DCSX) (CSE: DCSI), a leading provider of IoT products and solutions, announced today that it was appointed the first distributor in the North American market by TOPFLYtech to provide distribution, logistics and technical support. The collaboration expands TOPFLYtech's reach into the North American market and expands the DCS solutions catalog to further address the growing asset tracking and management markets.As the cost of...
2021-05-05 9:15 AM EDT
DCS and Bluesky Communications Launch MiFleet in American Samoa
San Diego, California--(Newsfile Corp. - May 3, 2021) - DCS (OTCQX: DCSX) (CSE: DCSI) a leading provider of IoT products and solutions, announced today that it has partnered with Bluesky Communications to offer MiFleet to Bluesky customers. The initial deployment between the companies will be to upgrade 300+ vehicles across the Bluesky Communications network footprint. MiFleet removes complexities and costs from fleet management strategies and will provide Bluesky Communications customers...
2021-05-03 9:20 AM EDT
DCS Launches MiFleet + Vision with UScellular
San Diego, California--(Newsfile Corp. - April 8, 2021) - DCS (OTCQX: DCSX) (CSE: DCSI) announced today that its MiFleet + Vision has been approved for use on UScellular's 4G-LTE network. The launch of MiFleet + Vision will allow small, medium and enterprise businesses to efficiently operate and protect their vehicles and drivers by providing real-time video within the MiFleet platform. Combining robust fleet management and real-time video allows fleet managers to take advantage of multiple...
2021-04-08 9:25 AM EDT
DCS Announces Client Purchasing Commitment
San Diego, California--(Newsfile Corp. - April 6, 2021) - DCS (OTCQX: DCSX) (CSE: DCSI), a leading solutions provider in the Internet of Things (IoT) ecosystem, announced a purchasing commitment from one of its long time clients. The purchase order represents $ 6.88million in products and services.DCS has developed key relationships over the past decade, by providing and becoming a Technical Services Provider (TSP) that clearly enables the IoT industry with hardware, software services,...
2021-04-06 9:25 AM EDT
DCS Announces Micron Wireless Integration and Product Portfolio
San Diego, California--(Newsfile Corp. - February 23, 2021) - DCS (OTCQX: DCSX) (CSE: DCSI) a leading provider of IoT products and solutions, announces a new partnership with Micron Wireless (Micron) to expand their IoT product portfolio to include battery powered asset tracking devices. The partnership expands the DCS solutions catalog to further address the growing asset tracking and management markets.As the cost of fleet equipment and enterprise assets rise along with increased demand for...
2021-02-23 9:25 AM EST
Hyperion Partners Introduces Groundbreaking MiSensors Partnership
San Diego, California--(Newsfile Corp. - January 11, 2021) - Hyperion Partners, the industry-leading master agent of mobility solutions, introduces a groundbreaking, new partnership with inventive, remote monitoring provider, Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) ("DCS") and MiSensors. Hyperion is known for its exclusive access to innovative technologies and solutions through its growing network of channel partners. The new partnership with MiSensors undoubtedly...
2021-01-11 4:03 PM EST
DCS Releases MiTag Multi-Sensor
San Diego, California--(Newsfile Corp. - November 25, 2020) - DCS (OTCQB: DCSX) (CSE: DCSI) announced today the release of MiTag, a commercial grade wireless sensor that incorporates eight (8) sensor functions into one compact design to address the IoT (Internet of Things) demand for low cost, multi-function sensors with greater flexibility and operating range. MiTag offers business owners in a number of vertical markets the flexibility of gathering and recording sensor data to assist in...
2020-11-25 4:00 PM EST