14:16:46 EST Fri 06 Nov 2026
Enter Symbol
or Name
USA
CA



Direct Communication Solutions Inc (2)
Symbol DCSI
Shares Issued 2,487,223
Close 2026-11-05 C$ 1.05
Market Cap C$ 2,611,584
Recent Sedar+ Documents

Direct Communication appoints Scowby, fraser as co-CEOs

2026-11-06 12:34 ET - News Release

Subject: Direct Communication Solutions - News Release PDF Document

File: Attachment 2026-11-06 - DCS - CEO and Co-CEO news release.pdf

Resignation of CEO/CFO and the Appointment of New Co-CEO's/ Interim CFO

SAN DIEGO, CA November 6, 2026 DCS (CSE: DCSI) (FSE:7QU) a leading provider of information technology solutions for the Internet of Things (IoT) market, announced today that Mr. William F. Espley has tendered his resignation as Chief Executive Officer (CEO), effective November 5, 2026. Mr. Espley will remain as Chairman of the Board of Directors of the company.

DCS has appointed Mr. Dave Scowby and Mr. Brent Fraser as the new Co- Chief Executive Officers (CEO), effective November 5, 2026. Mr. Scowby has already served in a management role since 2013 and as Chief Operating Officer (COO) of DCS since October 2018. His experience spans technology, transportation, logistics and business management. Dave holds a B.S.E in engineering and Operations Research Management and a Certificate in Architectural Design from Princeton University. Mr. Brent Fraser is a Director of DCS and is an owner and operator of 2 successful companies.

DCS would also like to announce today the resignation of Chief Financial Officer (CFO) Ms. Ying Xu and the appointment of Ms. Xingxing Zhang as interim CFO. Ms. Xingxing has over 13 years of experience and has worked with Ms. Ying Xu closely in the past.

"We are excited to have Ms. Xingxing take on the interim CFO position at this time," said Bill Espley, Chairman of the Board, "These changes to management will be an excellent new path forward to achieving excellence in the marketplace."

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 Canadian Securities Exchange ("DCSI"). For more information, visit www.dcsbusiness.com. DCS and the DCS logo are among the trademarks of Direct Communication Solutions in the United States. Any other trademarks or trade names mentioned are the property of their respective owners.

Contacts: Brent Fraser, Director bfraser@dcsbusiness.com 858-798-7100 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, 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 News Service. DCS undertakes no duty to update or revise any forward looking statements. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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