Direct Communication Solutions Inc. has released Miebike, the latest cloud-based asset tracking IoT (Internet of things) 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 Markets, the global e-bike market is expected to grow from $40-billion in 2022 to $92-billion in 2029 with a 12.6-per-cent CAGR (compound annual growth rate). The average cost of an e-bike in the United States is $1,800, with the lithium-ion battery replacement costs between $500 and $600. The chance of an e-bike being stolen in the U.S. is 3.8 per cent yearly. A bicycle is stolen every 30 seconds in the U.S., averaging two million bikes stolen a year, with a negative financial impact of $350-million per year. With the high value of e-bikes, they are three times more likely to be stolen than a regular bicycle
“With the high cost of e-bikes and increase in thefts, providing a discrete easy install GPS [global positioning system] tracking solution that provides real-time location data to assist in the quick recovery of your e-bike,” said Chris Bursey, chief executive officer of Direct Communication Solutions. “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 five-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 the company’s carrier partners, on-line and through the company’s extensive network of dealers and resellers. Miebike can be purchased as annual or month-to-month subscription plans.
About Direct Communication Solutions
Direct Communication Solutions is a technology solutions integrator focusing on connecting the Internet of things. The company 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, Canadian Securities Exchange and Frankfurt Stock Exchange.
We seek Safe Harbor.