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Direct Communication Solutions Named Finalists for Three Global IoT Project of the Year Awards

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Direct Communication Solutions (DCSX) has been named a finalist for three Global IoT Project of the Year Awards, selected from over 100 submissions across 45 countries. DCS is the only North American company with multiple nominations and one of two globally with three distinct projects chosen. The finalists were evaluated by 44 IoT experts based on business impact, innovation, scalability, service quality, and implementation excellence.

DCS's three finalist projects are:

  • Catalytic converter protection and theft prevention
  • Fleet tracking and safety solution for the underground utility industry
  • Concrete washout container tracking and optimization solution

The winners will be announced at an awards ceremony in Dubai on October 13, 2024.

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Positive

  • DCS is a finalist for three Global IoT Project of the Year Awards
  • Only North American company with multiple nominations
  • One of two companies globally with three distinct projects selected
  • Recognition in a competitive field of over 100 submissions from 45 countries

Negative

  • None.

News Market Reaction

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-5.11% News Effect

On the day this news was published, DCSX declined 5.11%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

San Diego, California--(Newsfile Corp. - October 7, 2024) - 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 proud to announce its selection as finalists in the global IoT Project of the Year competition. Three innovative IoT solutions developed by DCS have been chosen from more than 100 submissions representing 45 countries worldwide. The winners will be revealed at a high-profile awards ceremony in Dubai on October 13, 2024.

DCS stands as the only North American company with multiple finalist nominations and is one of only two companies worldwide to have three distinct projects selected. The rigorous evaluation was conducted by a panel of 44 leading IoT experts, who assessed each submission on several critical factors, including:

  • Business Impact: The economic value, automation capabilities, and the specific business challenges addressed by the solution, as well as the measurable benefits delivered to clients.
  • Innovation and Complexity: The technical sophistication, innovation, and practical effectiveness of both the software and hardware components.
  • Scalability and User Experience: The ease of implementation, accessibility, scalability, and overall customer satisfaction with the solution.
  • Service Quality: The level of support provided, including pre-sales consultations, after-sales service, and comprehensive training for client teams.
  • Implementation Excellence: The effectiveness of the deployment process, including overcoming internal resistance to change and addressing unique installation challenges.

DCS's three finalist projects are:

  • Catalytic converter protection and theft prevention
  • Fleet tracking and safety solution for the underground utility industry
  • Concrete washout container tracking and optimization solution

"We are incredibly proud to have three of our solutions recognized among the best in the global IoT landscape," said Andrew Nelson, Vice President of SaaS Sales at DCS. "This recognition reflects the creativity and dedication of our team, as well as the trust our partners place in us. The quality of solutions from companies worldwide was remarkable, making it an even greater honor for DCS to be acknowledged among such strong competition. I am truly honored to be part of such an innovative and talented organization."

DCS will attend the IoT Project of the Year Awards in Dubai on October 13, 2024, where the winners will be unveiled.

About DCS

DCS is a technology solutions integrator focusing on connecting the Internet of Things. We provide real solutions that solve real problems. Our software applications and scalable cloud services collect and assess business-critical data from all types of assets. DCS is headquartered in San Diego, California and is publicly traded on the OTCQX ("DCSX"), Canadian Securities Exchange ("DCSI") and Frankfurt Stock Exchange ("7QU"). For more information, visit www.dcsbusiness.com. DCS and the DCS logo are among the trademarks of DCS in the United States. Any other trademarks or trade names mentioned are the property of their respective owners.

Contacts:

Julie Hajduk, Director
julie@purplecrown.ca
778-240-7077

Chris Bursey, CEO
cbursey@dcsbusiness.com
858-525-2483

Forward-Looking Statements

This release contains forward-looking statements, which reflect management's current views of future events and operations. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. We believe that these potential risks and uncertainties include, without limitation: the ongoing COVID-19 pandemic, the Company's dependence on third-party manufacturers, suppliers, technologies and infrastructure; risks related to intellectual property; industry risks including competition, online security, government regulation and global economic conditions; and the Company's financial position and need for additional funding, Statements in this release should be evaluated in light of these factors. These risk factors and other important factors that could affect our business and financial results are discussed in our Management's Discussion and Analysis, periodic reports and other public filings which are available on SEDAR at www.sedarplus.ca and posted with the OTC Disclosure and News Service. DCS undertakes no duty to update or revise any forward-looking statements.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225771

FAQ

What are the three DCS projects nominated for the Global IoT Project of the Year Awards?

The three DCS projects nominated are: 1) Catalytic converter protection and theft prevention, 2) Fleet tracking and safety solution for the underground utility industry, and 3) Concrete washout container tracking and optimization solution.

When and where will the winners of the Global IoT Project of the Year Awards be announced?

The winners will be announced at an awards ceremony in Dubai on October 13, 2024.

How many IoT experts evaluated the submissions for the Global IoT Project of the Year Awards?

A panel of 44 leading IoT experts evaluated the submissions for the Global IoT Project of the Year Awards.

What factors were considered in evaluating the IoT projects for the awards?

The projects were evaluated based on business impact, innovation and complexity, scalability and user experience, service quality, and implementation excellence.
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