Blockchain Technology

DCS Announces the Launch of MiEbike: a Cloud-Based Asset Tracking Solution for the Growing E-Bike Market

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 launch of MiEbike, the latest cloud-based asset tracking IoT solution for the fast-growing E-Bike market. MiEbike is a mobile app, that is fully integrated into DCS’ MiFleet cloud-based platform that is designed to track E-Bikes in real-time and provide valuable location data in the event of theft, assisting with the rapid recovery of the stolen E-Bike.

According to report from Markets and Markets1, the global E-Bike market is expected to grow from $40B in 2022 to $92B in 2029 with a 12.6% CAGR. The average cost of an E-Bike in the US is $1,800, with the Lithium-Ion battery replacement costs between $500-$600. The chance of an E-Bike being stolen in the US is 3.8% yearly. A bicycle is stolen every 30 seconds in the US, averaging 2 Million bikes stolen a year, with a negative financial impact of $350M per year. With the high value of E-Bikes, they are 3 times more likely to be stolen than a regular bicycle.

E-Bike Market, Growth Rate by Region (2022-2027)

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“With the high cost of E-Bikes, and increase in thefts, providing a discrete easy install GPS tracking solution that provides real-time location data to assist in the quick recovery of your E-Bike,” said Chris Bursey, CEO of DCS. “MiEbike is a mobile app that provides location, alerts, notifications, geozones and location sharing of your E-Bike in the event it is stolen. The rugged, LTE GPS tracking device will track for 30 days at 5 second reporting for near real-time tracking. MiEbike provides low battery notifications to recharge the battery. MiEbike provides an additional layer of security by providing visibility into the location of your E-Bike in the event it is stolen.”

MiEbike is available for purchase through our carrier partners, on-line, and through our extensive network of dealers and resellers. MiEbike can be purchased as annual or month-to-month subscription plans.

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:

Bill Espley, Director
billespley@gmail.com
604-630-3072

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.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.

Sources:

  1. Markets and Markets
    https://www.marketsandmarkets.com/Market-Reports/electric-bike-market-110827400.html?gclid=Cj0KCQjw–2aBhD5ARIsALiRlwDtO8iqZaXYW8rhI8WBsB7piT44olTXzQkvm3kTfTWO4QligRmauy0aAnV0EALw_wcB
  2. Mordor Intelligence
    https://www.mordorintelligence.com/industry-reports/e-bike-market
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AMPD Ventures Announces the Addition of Tanya Woods to its Board of Directors

AMPD Ventures Inc. (CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0) (“AMPD” or the “Company”), a next-generation digital infrastructure provider, is pleased to announce that Tanya Woods has been appointed to its board of directors, effective September 12, 2022.

Ms. Woods is a Canadian-American entrepreneur, technology lawyer, and policy leader working in the verticals of mainstream and digital media, telecommunications, AI and blockchain, and high-performance computing infrastructure. She is currently the CEO of Futurity Partners, a strategic consulting firm advising public and private sector organizations on exponential and innovative technologies, digital policy, and ESG matters.

“I am delighted to be joining the experienced Board of AMPD Ventures as the Company and its subsidiaries break ground in the metaverse,” said Woods, “the Company’s multi-faceted approach from enabling mobile high-performance computing infrastructure to supporting first class metaverse and digital content creation is a unique and compelling innovation journey I look forward to talking with the team.”

“Tanya is an accomplished business leader with deep knowledge and experience in video games, digital content, high-performance computing infrastructure, ESG, and Web3,” said Anthony Brown, CEO of AMPD Ventures Inc., “she has a strong track record of successfully advancing public and private company growth objectives in these verticals making her an ideal addition to our Board, we look forward to her insights and are pleased to welcome her onboard.”

Ms. Woods has held increasingly senior executive level leadership roles advancing the commercial and regulatory agendas of global technology companies and government for nearly twenty years. She recently served as the founding Managing Director of Canada’s first Chamber of Digital Commerce, General Counsel, EVP Regulatory Affairs and Corporate Secretary of Hut 8 Mining Corp., General Counsel of the Entertainment Software Association of Canada, and Regulatory and Copyright Counsel for BCE Inc. She is also currently serving a three-year appointment as an expert advisor to UNESCO in Canada supporting the advancement of the United Nations Sustainable Development Goals.

Ms. Woods’ has received recognition as one of IT World’s Top Women in FinTech and Blockchain, a Government of Canada Leading TechWoman, CBC Trailblazer, Obama Foundation Global Civic Leader, Toastmasters International Community Leadership Award Recipient, and as a Top 40 Under 40. She studied law and global trade at the London School of Economics, University of Ottawa, and American University Washington College of Law.

About AMPD Ventures Inc.

AMPD is a next-generation infrastructure company specializing in providing high-performance computing solutions for low-latency applications. With state-of-the-art, high-performance computing solutions hosted in sustainable urban data centres, AMPD is leading the transition to the next generation of computing infrastructure as ‘the hosting company of the Metaverse.’ Through a mix of infrastructure as a service (“IaaS”) and an upgraded, high-performance cloud offering, we are meeting the low-latency requirements of multiplayer video games and eSports, computer graphics rendering, artificial intelligence, machine learning, mixed reality, big data processing, and the as-yet uncharted technological developments of the coming decades. Additional information about the company is available on SEDAR and our website at http://www.ampd.tech.

For further information please contact Investor Cubed Inc.:

Neil Simon, CEO
Telephone: (647) 258-3310
Email: nsimon@investor3.ca

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “Anthony Brown”

Anthony Brown
CEO & Director
AMPD Ventures Inc.
Telephone: 604-332-3329
Email: ir@ampd.tech

Cautionary Statement

Forward Looking Statements

Certain statements made herein may contain forward-looking statements or information within the meaning of the applicable Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

SOURCE: AMPD Ventures Inc.

iMining Technologies Signs MOU with Invest Alberta to Change the Face of the Energy Sector and to bring Global Blockchain Opportunity to Alberta

iMining Technologies Inc. (TSXV: IMIN) (the “Company” or “iMining”) announces that momentum in Alberta’s technology investment sector continues to build as Canadian based iMining and Invest Alberta, have signed a Memorandum of Understanding (MOU) to support the expansion of iMining and its subsidiaries, BitBit Financial and Metaverse Advisory Group, within the Province of Alberta announcing plans today to relocate its head office to Calgary.

Under the terms of the MOU, Invest Alberta will work with iMining and its subsidiaries to navigate the regulatory ecosystem, optimizing federal and provincial programs supporting transformative energy innovation, technology and fintech in the province. Alberta is one of the provinces currently working on favorable blockchain and crypto regulations. In return, iMining has announced plans to relocate its head office to Calgary and make Alberta its global headquarters. iMining is committed to bringing investment into the province and plans to create forty high-quality jobs within the next thirty-six months and anticipates a further investment of $50 million in growth and expansion projects.

The Company is a Web 3.0 pioneer in Decentralized Finance and has 4 strategic business operations which includes digital asset mining and digital asset trading in addition to providing Web3.0 solutions to its clients. iMining has recently funded a white paper produced by the Canadian Blockchain Consortium, highlighting how the Blockchain Technology can enhance Alberta’s economy. This white paper was launched at the Alberta Technology Symposium. Additionally, iMining has recently sponsored the AI Week presented by the Alberta Machine Intelligence Institute in Edmonton.

The vast natural gas resources in Alberta and the cool weather make Alberta an ideal place for digital currency mining. Bitcoin Mining Centers and Data Centers have the potential to supply computing power needs for Bitcoin miners and many Artificial Intelligence and Machine Learning activities, including those in Alberta’s oil and gas, fintech, creative, technology and renewable energy sectors. iMining has designed a bitcoin mining ecosystem that will create commercially viable solutions for the stranded gas wells across Alberta.

iMining looks to further develop the blockchain technology and Web3 ecosystem, coupled with how Alberta can take advantage of the technologies of the future in the Oil and Gas and the energy sectors.

“Alberta’s tech sector continues to grow and it is encouraging to have iMining Technologies identify our province as the best place for their business. This MOU sets the stage for the further growth and development of blockchain technologies across multiple industries and I look forward to seeing the development and marketing of more made-in-Alberta solutions.” Tanya Fir, Minister of Jobs, Economy and Innovation

“With an abundant supply of natural gas, our low corporate tax rate, reduced red tape, and a highly skilled workforce, Alberta presents an enormous opportunity for iMining. We are committed to diversifying our energy sector, and digital currency mining presents another opportunity to do just that and create jobs for hundreds of Albertans, while ensuring our resources are used to their fullest extent.” Dale Nally, Associate Minister of Natural Gas and Electricity

“Alberta is embracing digital transformation and changing the way finance works. There is enormous potential for blockchain technology to add value to our thriving technology ecosystem, paired with a world-leading oil and gas sector in Alberta and supported by a skilled workforce. We look forward to welcoming iMining to Alberta as more companies see the province as a destination of choice for global investment.” Rick Christiaanse, CEO, Invest Alberta

“Blockchain technology provides a clear pathway for the Alberta oil and gas industry to utilize stranded gas and develop regulatory and technology capabilities. Alberta can truly be a leader of the future economy and we are excited to work with Invest Alberta to make this happen.” Khurram Shroff, CEO, iMining Technologies

About iMining

iMining Technologies is helping to shape the Canadian blockchain and Cryptocurrency ecosystem. We are a driving force and a huge contributor in bringing the proof of stake technology to market.

Incorporating a proprietary, best-in-class, staking, investing, and mining process, iMining ensures robust security, reliability, and scalability; while removing the technical complexity of deploying, managing validators, holding, or investing in Cryptocurrencies.

Learn more at www.imining.com

About Invest Alberta

Invest Alberta is dedicated to investment attraction, with a mandate to engage the world and provide high-end tailored support to companies, investors, and major new projects. With team members in key markets around the world, Invest Alberta works to break down barriers so investors and businesses can start up, scale up, and succeed without limits.

Learn more at www.investalberta.ca

ON BEHALF OF THE BOARD

Signed “Khurram Shroff“
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: investor@imining.com
Telephone: +1 (844) IMININC (464-6462)

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

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136452