Subject: 2025-05-27 Control Block Sale and KL Resignation.pdf
PDF Document
File: Attachment 2025-05-27 Control Block Sale and KL Resignation.pdf
San Diego, California May 27, 2025 Direct Communication Solutions, Inc.("DCS") (CSE: DCSI) (FSE: 7QU)
announces the sale of a control block by Chris Bursey, the Founder, CEO and Director of the Board of the Company, who has
filed a notice of intention to distribute securities in connection with his proposed sale of up to 927,851 shares of common stock
of the Company (representing 39.6% of the issued and outstanding shares of common stock). The shares of common stock are
expected to be sold or transferred privately. If the maximum number of shares covered by his notice of intention are ultimately
sold, and assuming no other variation of his current share ownership, Mr. Bursey will no longer hold any shares except that Mr.
Bursey may acquire further shares pursuant to future market purchases and shares issued pursuant to the Company's securities
based compensation plan. Mr. Bursey may, depending on market and other conditions, increase or decrease his security holdings
in the Company from time to time as he may determine appropriate for investment purposes. A copy of the notice of intention
to distribute securities (Form 45-102F1) filed by Mr. Bursey is available under the Company's SEDAR+ profile. There is no
assurance as to the timing of the proposed sales contemplated in the notice, and any such proposed sales may not occur.
The Company further announces that effective May 19, 2025 the resignation of Konstantin Lichtenwald as the CFO and the
termination of its agreement with Zeus Capital Ltd. of which Mr. Lichtenwald is the principal and which company provided its
assistance with the Company's listings applications on various foreign exchanges. The Company wishes him continued success
in his future endeavors. Mr. Bursey shall be the acting CFO until a replacement is appointed by the Board of Directors.
About Direct Communication Solutions, Inc.
DCSI 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. DCSI is headquartered in San Diego, California, Canadian Securities Exchange ("DCSI") and Frankfurt Stock Exchange
("7QU"). For more information, visit www.dcsbusiness.com. DCSI and the DCSI logo are among the trademarks of DCSI in
the United States. Any other trademarks or trade names mentioned are the property of their respective owners.
Contacts:
Chris Bursey, CEO
cbursey@dcsbusiness.com
858-525-2483
Bill Espley, Director
bespley@ dcsbusiness.com
604-630-3072
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.sedar.com 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.
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