Mr. Bill Espley reports

DCS CLOSES LOAN AGREEMENT AND ISSUES 50,000 WARRANTS

Further to its news release dated Oct. 7, 2024, Direct Communication Solutions Inc. has closed and completed one loan agreement with one creditor for an aggregate principal amount of $250,000 (U.S.) ($338,000) with interest charges of 19 per cent per annum on the principal.

As an additional consideration for agreeing to finance the proceeds of the loan agreement, Direct Communication Solutions has granted common stock purchase warrants to purchase up to 50,000 shares of common stock to the creditor where each warrant will entitle the holder to purchase one share of common stock of Direct Communication Solutions for 24 months from the date of issuance of the warrants at an exercise price of $3.09 ($2.29 (U.S.)).

About Direct Communication Solutions Inc.

Direct Communication Solutions is a technology solutions integrator focusing on connecting the Internet of Things. Direct Communication Solutions provides real solutions that solve real problems. The company's software applications and scalable cloud services collect and assess business-critical data from all types of assets. Direct Communication Solutions is headquartered in San Diego, Calif., and is publicly traded on the OTCQX (symbol: DCSX), the Canadian Securities Exchange (symbol: DCSI) and the Frankfurt Stock Exchange (symbol: 7QU).

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