Visionstate Signs MOU with Freedom Cannabis
Introducing IOT Innovations for the Cannabis Industry
Edmonton, Alberta, January 21, 2021 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce it has entered into a non-binding Memorandum of Understanding (“MOU”) with Edmonton-based Freedom Cannabis Inc. to pursue strategic opportunities in business and technology development.
The MOU provides a basis for which the two companies can collaborate to pursue opportunities, including the introduction of Visionstate IoT Inc.’s proprietary Internet of Things (IoT) technology to the cannabis sector.
“We are extremely pleased to have entered into this MOU with Freedom Cannabis,” said Visionstate CEO John Putters. “It is a demonstration of the versatility of our Wanda IoT platform that has typically been sold to the building management sector. This relationship opens the door to an entirely new industry.”
“After observing the evolution of the cannabis sector, we decided that now was the right time to leverage and develop IoT technology to improve productivity and fulfill the industry needs,” said Freedom Cannabis CEO Johnfrank Potestio. “The IoT will align neatly with our processes and enable the next stages of operational innovations.”
Visionstate’s IoT technology, branded under the name Wanda, is currently deployed throughout North America in diverse settings, including hospitals, airports, casinos, office building and shopping centres, to name a few. Wanda is designed to track and monitor cleaning processes and protocols using sensors and IoT devices.
For the cannabis sector, the technology will be tailored toward collecting data on routine processes, including the maintenance and sanitation records in grow rooms. Currently the tracking and stamping of employee tasks for most cannabis producers is paper based. This includes tracking of maintenance, pest control, defoliation, and cleaning and sanitizing rooms and equipment.
“Introducing our IoT technology to the cannabis sector opens new opportunities to diversify our customer base and expand our revenues,” Putters explained. “Cannabis producers all face similar challenges in automating operations, so the application is relevant to virtually any licenced producer.”
The MOU also paves the way for the two companies to explore other opportunities in business and technology. The relationship is solidified by the fact that Visionstate Corp. is an existing shareholder of Freedom Cannabis Inc.
According to the Financial Post the estimated value of the cannabis sector in Canada will be $5 billion in 2021.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate's Wanda IoT Solution to Be Enhanced by New RFID Technology
Application sold to an oil and gas company for inventory tracking
Edmonton, Alberta, November 25, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce that it has sold an application for RFID technology (Radio Frequency Identification), which will be leveraged to enhance the growing suite of products under the Wanda smart technology platform, to a company in the oil and gas sector.
The RFID solution provides a company that rents equipment in the oil and gas sector with an ability to track and streamline inventory and product movement. Each product is tagged with an RFID tag and can be tracked using RFID readers as it enters and exits defined areas such as warehouses or supply rooms.
“Tracking critical assets is an important part of efficient operations,” says Visionstate CEO John Putters. “RFID tracking helps control inventory and accurately measure its use and consumption.”
Visionstate’s oil and gas client was challenged by the number of products travelling in and out of the main warehouse, especially since the product is rented to customers in remote locations. The RFID application addresses this problem by tagging products and tracking them through the sales cycle. This has improved inventory management and provides more accurate data for billing purposes based on the length of time the product was rented.
According to Grand View Research, the market for RFID application is expected to grow to $40.5 billion by the year 2025. Similarly, the IoT or Internet of Things market is also expected to grow significantly over the next several years as wider adoption occurs.
Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., is working on applying the technology to its proprietary Wanda solution which tracks cleaning activities in public facilities. Wanda, which is installed in hospitals, airports, office buildings, shopping centres and sports facilities across North America, provides detailed analytics to facility managers on the efficiency of cleaning and resource use.
“With RFID technology our capabilities in tracking the use of resources will be significantly enhanced,” Putters explains. “Not only can we use RFID to track the movement of physical resources, but we can also measure the amount of time frontline staff are involved in the cleaning of specific areas.”
Wanda already tracks cleaning activities and foot traffic. With the RFID technology in place, the return on investment for customers will be even greater.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences. Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
VIS Develops New Wanda Occupancy Measurement Feature to Address Covid-19 Social Distancing Protocols
Edmonton, Alberta, November 5, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce the addition of its new occupancy level feature to the growing suite of products within the Company’s Wanda IoT solution.
The new occupancy feature addresses concerns surrounding social distancing during the global COVID-19 pandemic by enabling facilities to provide customers with an accurate measurement of the number of people collected in a defined area, including restrooms.
The feature ties the Wanda tablet, an IoT device that measures cleaning activities and performance, with highly accurate people counting sensors. The Wanda tablet displays a message on its screen advising whether the area is at full capacity based on pre-established social distancing protocols.
“The new occupancy feature was designed for convenience and for safety reasons,” explains Visionstate CEO John Putters. “While many facilities have used static signage to publicize required occupancy levels, there is no way for the customer entering the room to know how many people are actually in that area, particularly as it pertains to public restrooms.”
Occupancy tracking is the most recent feature available within the growing Wanda solution. The technology already tracks foot traffic into restrooms, which provides facility managers with a much clearer understanding of cleaning requirements, especially when paired with other Wanda data such as public alerts, cleaning activities, resource use and frequency of cleaning, to name a few.
“Our technology is focused on ensuring efficiency in cleaning and meeting the new standards implemented as a consequence of the global pandemic,” Putters explains. “Our new feature not only helps ensure safe social distancing but demonstrates a proactive approach to customers who expect a higher level of attention to health standards.”
The Wanda suite of products includes Wanda tablets that are mounted outside restrooms or in public areas to collect cleaning data and measure customer satisfaction; WandaMOBILE, which tracks cleaning activities, resources and compliance with cleaning protocols throughout a facility; and Wanda QuickTouch, a battery-powered IoT button designed for public alerts and cleaning time stamps.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences. Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Announces New Global Partnership with Bunzl to Include New and Wider Revenue Streams
Edmonton, Alberta, October 22, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce that Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., and Bunzl Canada Inc. ( bunzlcanada.ca ), the Canadian division of specialist international distribution and services group, Bunzl plc, have renewed their partnership agreement for Bunzl to sell and distribute Visionstate’s proprietary Wanda IoT (Internet of Things) solution through its global markets.
The agreement solidifies and enhances Visionstate’s existing partnership with Bunzl with a wider revenue stream, in addition to Bunzl sales efforts, that includes the provision of development services to create new features and functionality for the product. This agreement positions Bunzl, a global distributor of cleaning and hygiene products and equipment, as the exclusive distribution partner for Visionstate IoT Inc.
Through the partnership Visionstate earns royalties on each Wanda unit sold and collects monthly residual income from on-going license fees derived from its three products. The agreement provides Visionstate with access to Bunzl’s global market in terms of the sales and distribution of the Wanda solution, which has gained significant attention as a result of the COVID-19 pandemic.
“Visionstate is extremely pleased to be partnered with Bunzl,” said Visionstate CEO John Putters. “It leverages both companies’ strengths by bringing together a large distributor with global sales and marketing capabilities and Visionstate’s expertise and proven track record in introducing new innovations.”
Visionstate will be working collaboratively with Bunzl to further enhance the Wanda solution. The front-line business intelligence brought by Bunzl enables Visionstate to focus on technology development and meet the demands of its customer base.
“The future of Visionstate is solidified under the terms of the agreement,” explains Putters. “It positions the Company to be aligned with a global leader in cleaning and hygiene, which is our primary market, and therefore provides a level of protection for Visionstate as it continues to gain market share in this industry.”
The partnership is mutually beneficial to both businesses. “The market for this type of technology has grown significantly since the COVID-19 outbreak, as public and private facilities grapple with increasing requirements for tracking activity and compliance with rigorous cleaning and hygiene standards and protocols,” said Margo Hunnisett, Vice President of Marketing & Communication at Bunzl Canada. “Continuing our relationship with Visionstate IoT maintains Bunzl’s position as industry leader in providing exclusive innovations that help our customers improve efficiency and the effectiveness of their facility cleaning and maintenance programs.”
The Wanda solution suite of products, which have revolutionized facility cleaning management and tracking, includes Wanda tablets and traffic counters placed in or near smart restrooms, WandaMOBILE for tracking and recording cleaning protocols throughout buildings, and Wanda QuickTouch, an innovative IoT button used for quick deployment of cleaning alerts and responses. The new agreement represents the next phase of evolution for Visionstate and Wanda.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences. Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Corp. Participates in National Investor Forum
Edmonton, Alberta, September 30, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce the Company participated in a national Investor Forum Sept. 16, which provided the opportunity to discuss the status of Visionstate IoT Inc. and what the future holds.
The link to the presentation can be found at:
https://event.webinarjam.com/replay/1/6k1w4f5t08b42i7pr
Visionstate CEO John Putters presented at the online forum, which included approximately 30 participants in the capital market sector. Putters gave an overview of the Company’s technology and the direction it is taking for the future.
“The forum was an invaluable opportunity to reach out to those in the capital markets to tell our story,” Putters commented. “Our story becomes more compelling by the day as the company’s IoT solution is directly related to cleaning compliance and digital audit trails of what’s actually happening in facility cleaning and maintenance.”
Putters pointed out that the Company’s technology, branded under the name Wanda, has become even more relevant considering COVID-19, particularly in ensuring cleaning protocols are met, and defending against potential liability. Visionstate’s proprietary mobile app provides tools for facility managers to create custom compliance protocols that can then be measured in real time on an analytics dashboard.
“WandaMOBILE is an affordable technology that enhances cleaning, introduces new efficiencies in the process, and can provide a valuable audit trail in the case of lawsuits,” Putters explained. He told the forum that the Company’s three main products, Wanda tablets, WandaMOBILE and Wanda QuickTouch IoT buttons work seamlessly and provide a complete facility management solution.
The forum was also updated on the Company’s sales, its software as a service business model, and new features being built into the solution on an ongoing basis. Visionstate recently completed the second phase of its app rollout to Canadian warehouses and sold units to new and existing clients in the US.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its Wanda™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
Visionstate Launches New Tech Feature in Wake of COVID-19
Edmonton, Alberta, September 10, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce significant technology initiatives undertaken as a result of the continued threat posed by COVID-19. The new features enhance the Company’s current suite of products, branded under the name Wanda, which are designed to improve cleaning practices through the use of Internet of Things (IoT) technology.
Leveraging Visionstate’s use of sensors, which deliver data to Wanda tablets mounted outside restrooms, the Company is developing software to measure occupancy levels in public facilities. With the new feature in place, Wanda, using people counting sensors, can display whether or not a defined area, such as restrooms, has met its maximum occupancy level or not.
“With social distancing becoming the norm, people are more aware of the crowd environment, and knowing whether a facility or area of a building has reached capacity is important to both them and public health in general,” explained Visionstate CEO John Putters.
The new occupancy feature seamlessly integrates with existing Wanda solutions, utilizing the tablet itself for the information display as well as 3D people counting sensors that track traffic in and out of defined areas. Patrons are then provided with messaging on the Wanda tablet to indicate whether or not it’s safe to proceed.
“Visionstate is responding to what the market demands as it pertains to containing COVID-19,” Putters continued. “In the past six months the Company has responded by launching a mobile app to track cleaning compliance, and IoT buttons that can be deployed quickly for cleaning alerts, and require no existing infrastructure.”
For its mobile app, Visionstate developed custom forms that enable building operators to track compliance in their cleaning protocols. As protocols become more detailed, tracking anything from door knobs to meat slicers, antiquated paper-based methods of ensuring compliance will no longer work.
“The fact is, because you are dealing with people’s health and in some cases their lives, it’s extremely important to have a digital audit trail for cleaning compliance in case of a lawsuit, which is already happening,” Putters said. “Our technology is a very affordable solution in light of the alternative.”
Visionstate is also focussing on interaction with the Wanda screen itself. Although protected by an antimicrobial overlay, people are becoming more reluctant to interact with a touchscreen to provide feedback. Visionstate has responded by developing a feature that enables patrons to scan a code and provide feedback from their mobile phones.
Additionally, the Company is working on further integration with third party sensors to enhance its analytics platform. This positions Wanda as a hub of all smart data emanating from restrooms or other areas in public facilities.
“The potential for detailed analytics is significant,” Putters explained. “For example, if we are tracking foot traffic in and out of a restrooms, while at the same time measuring hand pumps with the soap dispenser, analytics can calculate the average number of people actually washing their hands. For facilities like hospitals, this is extremely important information.”
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
Visionstate Begins Phase 2 Of App Roll Out, Announces New Sales
Edmonton, Alberta, September 8, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce it has commenced phase 2 roll out of its Wanda mobile app to locations across Canada. The app, which tracks cleaning compliance, resource use and other cleaning-related activities, will be deployed to an additional 20 warehouse locations in September 2020.
The Company also reports it has secured a pilot project for its Wanda solution at a global pharmaceutical company which is using the technology to track cleaning in its test lab environments. The Company has also commenced a pilot project with one of the largest universities in Canada. Additionally, existing customers of Visionstate have ordered more product, including the Wanda device, Wanda QuickTouch, and the mobile app.
“The interest in the Wanda solution has grown dramatically as our communities enter into re-opening stages of their economies and facilities,” explained Visionstate CEO John Putters. “Antiquated paper-based methods of tracking cleaning compliance are no longer acceptable, and IoT solutions like Wanda are becoming the standard.”
The new sales will add to the Company’s bottomline as it builds its residual income from the Wanda solution, which is based on a software as a service model. Each additional sale of licenses adds to the monthly recurring revenue.
The Wanda suite of products include physical tablets located at the entrance to public restrooms that collects data on cleaning, supplies and maintenance to ensure cleaning protocols are being met. Recently the company also launched WandaMOBILE which can track cleaning and compliance in every part of a building. Wireless, battery operated IoT buttons, called Wanda QuickTouch are also being used to track alerts and responses to critical cleaning issues.
“Our products are essential to properly tracking cleaning compliance,” explained Putters. “As facilities begin to re-open, they must ensure they are meeting new standards, and our technology helps them track that performance, especially if reporting to health authorities is mandated.”
WandaMOBILE is a cost-effective method of tracking compliance and can be deployed within days. The mobile app, which can run on any smart device, provides facility managers the ability to create custom compliance reports that can then be tracked in real time through analytics.
The Company’s sales strategy is to build its compliment of mobile licenses to increase the recurring revenue generated through the software as a service model.
“WandaMOBILE is an extremely affordable solution to helping to protect people’s health and present a positive, proactive image,” Putters explains. “Consumers, visitors, patrons, will all expect an enhanced approach to cleaning, and WandaMOBILE ensures that is the case.”
The Company is currently targeting franchises in hospitality, school districts, and other large, recognizable locations for its technology. The Company is doing this through key word advertising, direct sales and webinars.
“Cleaning compliance is no longer an after thought, or something to take for granted,” Putters explains. “COVID-19 has fundamentally changed the way we view facilities, and the public’s expectation is that these facilities take cleaning seriously and demonstrate proactivity.”
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
Visionstate and Bunzl Canada Launch National Hygiene Compliance Platform
WandaMOBILE™ app rolled out to warehouse operations across Canada to verify and validate cleaning protocols
Edmonton, Alberta, June 18, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to report that its partner Bunzl Canada (bunzlcanada.ca) today announced the phased roll-out of the WandaMOBILE™ digital cleaning management system to major distribution centres across Canada.
As an essential link in Canada’s grocery, safety, and cleaning & hygiene supply chain, keeping its buildings and vehicles clean and hygienic to protect both employees and customers is vital for Bunzl. However, like most organizations, the national distributor struggled to easily verify and validate cleaning program compliance. To solve that problem, Bunzl collaborated with its development partner, Visionstate IoT, on the WandaMOBILE™ application.
Accessible from any mobile device, WandaMOBILE™ contains the specific cleaning protocols for each warehouse facility and vehicle fleet, including both tasks and frequencies. Staff can easily enter cleaning activities as they are completed. Managers can quickly and conveniently view compliance dashboards to verify the necessary activities are taking place to keep facilities clean, healthy and safe. The system is designed to focus cleaning efforts, improve effectiveness and promote compliance in any type of facility.
According to Bunzl’s Senior Director of Operations, Tim McKinnon, the program pilot was highly successful. “We began this initiative in our Mississauga, Ontario facility. The first month was a learning curve – as expected, it took our team some time to get used to a new way of doing things. But by week four we had our cleaning program running so well, our compliance rose to over 100%, and the feedback from our management team and employees was really positive. Now we’ve begun a phased roll-out, beginning with our five largest distribution centres across the country.”
“WandaMOBILE™ is a powerful compliance management tool that helps to raise the standard of cleaning and hygiene in public spaces,” said John Putters, CEO of Visionstate. “The feature-rich technology continues to evolve to enable and support state-of-the-art environmental management.”
John Howlett, President of Bunzl Canada and a passionate proponent of the system, said it will be implemented in all of the company’s office and warehouse locations by the end of the year. “If you can’t measure it, you can’t manage or improve it,” he said. “The health and wellbeing of our employees and customers is our top priority and foremost concern. Digitally managing and monitoring cleaning program compliance enables us to maintain a cleaner, healthier and more hygienic work environment for our employees. That protects our customers and gives them confidence when our vehicles arrive with their critical supplies.”
WandaMOBILE™ is a component of the WandaNEXT™ system, comprised of robust analytics software and data collection components that include touchscreen tablets, infrared traffic counting units, the new mobile application and IoT alert buttons. Its configuration can be customized to meet specific facility management needs. The system’s growing installation base includes healthcare, retail, commercial office, conference, airport and distribution facilities across Canada and the United States. It was also recently launched in the United Kingdom and Australia.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
Visionstate Releases a New Compliance Feature to Tackle COVID-19
Edmonton, Alberta, June 9, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) announced today the release of a new compliance feature added to its Wanda software to further enhance reporting and tracking of cleaning activities in an effort to help public facilities fight the pandemic and prevent further spread of COVID-19.
The new feature enables building operators to track in real time how well their facility is complying with stricter cleaning practices recently imposed by regional health authorities in order to contain and reduce the risk of spreading the virus. It provides detailed reporting on cleaning activities and compares that information to the new standards. The feature includes an overview of compliance measures and displays a score card on how well the facility has managed these new cleaning practices.
“Increasingly we are seeing the implementation of stricter cleaning protocols,” explains Visionstate CEO John Putters. “Building operators will need new technology in order to effectively track those activities and provide data on how well they have lived up to the new expectations.”
The requirement for enhanced tracking is becoming increasingly important as restrictions on re-opening the economy are eased. Effective cleaning measures are demanded by the public to ease concerns about visiting facilities such as restaurants, shopping centres, airports and other shared facilities.
“There is an expectation and a responsibility for facilities to be proactive in their cleaning practices, and our software gives the facility managers an ability to track that information and provide evidence as needed,” Putters added.
The compliance feature is now part of the overall Wanda solution and can be tracked using Visionstate’s online portal. It works seamlessly with Wanda tablets, WandaMOBILE and the recently released IoT buttons called Wanda QuickTouch, which are designed for quick and easy deployment to track cleaning alerts.
“Cleaning practices are now at the forefront of ensuring the viruses don’t spread among the population,” Putters explained. “Moving forward, this will be the expectation from the public and health authorities, and Visionstate is on the leading edge of providing the necessary technology to track those activities.”
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
Visionstate’s Latest Technology to Raise Bar on Hygiene Compliance Amid COVID-19
Demand for smart restroom system expected to increase as facility cleaning protocols heighten
Edmonton, Alberta, April 9, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce it is collaborating with Bunzl Canada, the Company’s exclusive distributor of its proprietary WandaNEXT™ solution, to further enhance its product line to meet the needs of any type of facility.
Bunzl Canada, a division of global cleaning and hygiene product distributor Bunzl plc, has launched the two newest system components, WandaMOBILE and WandaQUICKTOUCH, developed by Visionstate to complement existing WandaNEXT capabilities. The company expects cleaning and hygiene compliance to be at the forefront of facility maintenance concerns, creating increasing demand for the detailed analytics and reporting functionality provided by WandaNEXT.
“WANDA is a powerful compliance management tool that will help to raise the standard of cleaning and hygiene in public spaces,” said John Putters, CEO of Visionstate. “Organizations who implement this advanced technology will be seen as industry leaders and best practice examples of state-of-the-art environmental management.”
WandaMOBILE enables cleaning teams to efficiently document cleaning activities from their mobile devices and provides facility managers with data analytics to confirm activity types and frequency, analyze consumable usage and optimize resource deployment. WandaQUICKTOUCH is a simplified technology of WANDA, an Internet of Things (IoT) alert button enabling quick, easy and affordable tracking for service alerts and response times in any type of facility.
The new components broaden the system’s applicability to varied facility sizes and types, which will become vital as more companies are looking into improving the hygiene and thus health and safety of their public areas, as a result of novel coronavirus outbreak.
“More than ever, the focus will be on ensuring that the correct cleaning protocols for specific facility types have been established, and are being followed,” said Bunzl Canada President, John Howlett. “We continue to work with Visionstate IoT to enhance this important technology so we can proactively address the new challenges our customers face in maintaining healthy, safe and productive environments.”
WandaNEXT has a growing installation base that includes healthcare, retail, commercial office, conference, airport and distribution facilities across Canada and the United States. It was also recently launched in the United Kingdom and Australia.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.
The new reality of restroom cleaning
We’ve all had the same frightening experience at one time or another: you walk into an establishment having to use the restroom, only to discover it’s an unsightly mess that leaves you wondering if you were better off seeking the privacy of a back alley. Needless to say, your desire to ever re-visit the premises hits an all-time low.
An unattended dirty washroom. <Photo credit: arcurrent.com>
While in the past the worst-case scenario was leaving with a bad taste in your mouth, or perhaps even excluding the establishment as your go-to for food or any other goods or services offered, today is a much different playing field.
The COVID-19 pandemic has illustrated that clean facilities are no longer a luxury, but rather a necessity. Setting aside the relevance of public perception for a moment, there are now more significant risks at stake to any facility manager.
First and foremost, there are cleaning standards that are expected to be met. Previously we relied upon paper-based forms to track who and when cleaned a restroom or a public area, and what activities were performed during the cleaning process. The same tired, forlorn, sheet of paper hung haphazardly on the inside of the restroom door awaiting an illegible signature to indicate the restroom was clean and up to the standards of the facility and the general public.
Today this approach is no longer acceptable. COVID-19 has affected the entire planet and proper cleaning is no longer just about perception, but personal safety and potential liability if cleaning standards are not met. The cruise line industry is already facing this reality, and winning customers back after the COVID-19 curve flattens out will be a tough proposition without convincing them that new measures are in place to ensure the highest of cleaning standards. Otherwise, the risk to public and personal safety is simply too high.
Technology is increasingly becoming the answer to the new reality we face in light of COVID-19. And specifically, IoT or Internet of Things technology which facilitates data collection on all aspects of cleaning and meeting high standards. Real-time information on what was cleaned, when, by whom, the resources used, and the amount of traffic observed is now available through products like Visionstate’s WANDA solution. It provides protection to both the customer and the facility.
Visionstate’s WANDA™ is installed at public spaces to help facility manager better control the effectiveness and efficiency of the building.
Of course, the movement toward IoT is also driven by public perception, which in most cases is the determining factor between success and failure. In the past we may have left a poorly maintained facility with a bad taste in our mouths; today we ask ourselves if perhaps we contracted a disease that will affect our well-being.
Clearly, the investment into IoT far outweighs the alternative. In fact, it’s a cheap price to pay considering it affects both lives and potential liability.
Visionstate Corp. Announces Final Approval for Closing of Over-Subscribed Private Placement
Edmonton, Alberta, March 30, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) announced on February 4, 2020 has received final acceptance from the TSX Venture Exchange to close on the over-subscription and issue 16,600,000 units (“Units”) at a price of $0.025 per Unit for gross proceeds of $415,000. Each Unit is comprised of one (1) common share in the capital of Visionstate (“Common Share”) and one (1) Common Share purchase warrant. Each Warrant entitles the holder to purchase one additional (1) Common Share at a price of $0.05 for a period of two (2) years from the date of closing. If the closing price of the Common Shares on the principal market on which such shares trade is equal to or exceeds $0.075 per Common Share for twenty (20) consecutive trading days, the Warrant term will automatically accelerate to a date that is thirty (30) days following the date a press release is issued by Visionstate announcing the reduced Warrant term, without any further notification to be made by Visionstate to the subscribers.
The pricing of the Offering was made in reliance on the temporary relief measures established by the TSX Venture Exchange Bulletin dated April 7, 2014. The price per Common Share was set at the last trading price on the TSX Venture Exchange before the issuance of the initial press release announced on February 4, 2020.
Visionstate intends to use the proceeds from this closing as follows: WANDA software development, specifically IoT (Internet of Things) buttons and a mobile app integrated with WANDA as to 30%; WANDA hardware inventory for internal sales as to 30%; and general and administrative expenses as to 40%.
The participation in the Offering by an executive officer of Visionstate may be considered a "related party transaction" (the “Related Party”) as defined under Multilateral Instrument 61-101 ("MI 61-101"). Visionstate has determined that exemptions from the formal valuation and minority shareholder approval requirements under MI 61-101 are available. In particular, Visionstate has determined that the exemptions set out in paragraphs (a) and (b) in section 5.5 of MI 61-101 are applicable since the aggregate consideration to be paid by the Related Party does not exceed 25% of the market capitalization of Visionstate and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (1)(a) and (b) in section 5.7 of MI 61-101 are applicable in that the aggregate consideration to be paid by the Related Party does not exceed 25% of the market capitalization of Visionstate, the distribution of the securities to the Related Party has a fair market value of not more than $2,500,000 and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.
Pursuant to applicable Canadian securities laws, the Common Shares and Warrants comprising the Units are subject to a four-month hold period from the time of closing of the Offering.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Appoints New Director as Part of its Accelerated Growth Strategy
Edmonton, Alberta, March 27, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce the appointment of Ned Dimitrov to the Board of Directors, adding to the Visionstate team valuable knowledge and experience in the field of capital markets, as the Company explores new growth strategies. He has also been appointed to the Board’s Investment and Acquisition Committee to explore opportunities for Visionstate Corp. to grow through synergistic acquisitions and investments.
Mr. Dimitrov, based in Toronto, is a result-oriented multilingual professional with a strong affinity for business development and technology implementation. Mr. Dimitrov has a proven history of identifying new business niches and developing new markets. He is also familiar with raising capital through capital markets and individual investors, with over 8 years’ experience in sales, securities and options trading, financial advice, and consulting.
“We are extremely pleased to have Mr. Dimitrov join our team,” said Visionstate CEO John Putters. “His combination of skills and experience make him a perfect fit for our Company that is currently on an accelerated growth trajectory.
The addition of Mr. Dimitrov comes at a pivotal point in the Company’s evolution, as Visionstate’s IoT (Internet of Things) technology has become increasingly relevant globally, both in terms of people’s health and potential liability, as a result of the COVID-19 outbreak.
“As we emerge from the global pandemic, the emphasis for all companies will be on meeting compliance standards for cleaning services, which is what our technology is all about,” Putters explained. “With Mr. Dimitrov now on our team, we can explore new opportunities to make Visionstate part of a global movement which aims to deliver smart technology to the facility management industry.”
The Company also announced that Dr. James Adams has resigned from the Board, effective immediately, due to other professional commitments. Visionstate would like to thank Dr. Adams for his service and wishes him great success in his future endeavours.
Due to the COVID-19 outbreak and subsequent government regulations, the Company announces it will be postponing its Annual General Meeting until further notice.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Ships First IoT Buttons for Rapid Response to Cleaning Alerts
Edmonton, Alberta, March 23, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce it has shipped its first Internet of Things (IoT) buttons to hospitals in Vancouver, BC, marking the initial deployment of the new technology developed by the Company.
The buttons, called Wanda QuickTouch, were developed to address the need for rapid deployment in a facility of any size. The IoT buttons send instant alerts to management advising of any cleaning or maintenance issues that may pose risks to the public safety. The technology enables facility managers to track alerts and staff response times, as well as monitor regular cleaning activities in the high-traffic areas.
“COVID-19 has demonstrated the need for facilities to be proactive on cleaning issues,” explains John Putters, CEO of Visionstate. “It is incumbent upon them to be compliant with high cleaning standards, and demonstrate to the public a commitment to maintaining those standards.”
Wanda QuickTouch was designed to be deployed quickly in any area of a facility in order to monitor alerts issued by staff or the general public. The button can be adhered to any surface and requires no infrastructure to operate. The IoT buttons are battery operated and automatically connect to the LTE-M network.
“We are receiving a tremendous amount of interest from the facility management companies to deploy our technology,” Putters comments. “It’s ideal for remote restrooms or cleaning areas as it is a user-friendly, efficient and affordable solution.”
Hospitals have shown particular interest in Wanda QuickTouch as they can be used in patient rooms, nursing stations, restrooms or common areas. The buttons can be used in conjunction with Visionstate’s new Wanda mobile app, which provides facility managers with the ability to track cleaning and maintenance activities throughout a facility.
For more information about Wanda QuickTouch, please visit our web site at:
https://wandasolution.com/wanda-quick-touch/ About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate’s WANDA is First Line of Defence in COVID-19 Breakout
Edmonton, Alberta, March 17, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) has seen a marked uptick of inquiries about its WANDA IoT solution in the wake of the coronavirus outbreak. WANDA, a smart restroom solution already installed in multiple locations across North America, is expanding quickly as facility managers look to new technologies to ensure compliance with cleaning contracts, which should result in higher revenues for Visionstate over the next few quarters once the new installations are complete.
Visionstate has worked with its distribution partner to create a WANDA kit pre-bundled with IoT cellular connectivity, making it a plug-and-play device.
“With the novel COVID-19 virus now being declared a global pandemic, the importance of cleaning in public facilities has become paramount in the fight against the disease spreading even further. Visionstate’s WANDA is on the front line of cleaning efforts, ensuring effective cleaning procedures are met in the on-going battle against viruses. It provides the public a level of comfort knowing that facility managers are committed to high standards,” explained John Putters, CEO of Visionstate IoT Inc.
WANDA is a smart tablet that is mounted at the entrance of public restrooms and monitors cleaning activities to ensure that those efforts are compliant with required procedures in order to meet high standards of cleanliness. WANDA, which is protected by an antimicrobial film, is installed in hospitals, airports, office buildings, shopping centres and recreational centres across North America. The IoT solution is used by facility managers to ensure cleaning standards are met and to track activities through WANDA’s real-time analytics dashboard.
Over the last three months Visionstate IoT has added several key locations to its customer portfolio, including a Class A office tower in downtown Manhattan, which is currently looking at expanding its WANDA compliment and adding IoT buttons or Wanda Quicktouch, a simple method of issuing alerts for cleaning or maintenance issues. The Company has also sold WANDA units to a US-based power authority, a large Canadian zoo, a group of recreation centres, as well as made its first global sale to a shopping centre in Australia.
In the past six months Visionstate has developed new technology to further strengthen its position as a premier supplier of smart technology in the facility management industry. The Company has launched a new mobile app designed to track cleaning outside of restrooms, and IoT buttons which require no infrastructure and can be installed in virtually any location where alerts and tracking cleaning are important.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Corp. Announces Private Placement
Edmonton, Alberta, January 7, 2020 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce that, subject to regulatory approval, the Corporation intends to complete an offering ("Offering") of up to 10,000,000 common shares of the Corporation (“Common Share”) at a price of $0.025 per Common Share for gross proceeds of up to $250,000. The Offering includes one full warrant at 5 cents for every common share purchased. The pricing of the Offering is made in reliance on the temporary relief measures established by the TSX Venture Exchange Bulletin dated April 7, 2014. The price per Common Share has been set in accordance with the TSX Venture Exchange Policies and Bulletin with the last trading and closing price on the TSX Venture Exchange at $0.02 per Common Share prior to the issuance of this press release.
In connection with the Offering, Visionstate will be relying on the existing securityholders exemption as well as other available prospectus exemptions. For those investors relying upon the exemption for existing securityholders, the aggregate acquisition cost to a subscribing shareholder of all securities of Visionstate cannot exceed $15,000 in the previous 12 months, unless that shareholder has obtained advice regarding the suitability of the investment from a registered investment dealer in the subscriber’s jurisdiction. The offer to purchase Common Shares is available to all security holders of Visionstate who held common shares on the record date of January 6th, 2020. Shareholders resident in Newfoundland and Labrador, and countries other than Canada will need to meet local jurisdiction requirements to participate. If Visionstate receives total subscriptions pursuant to the existing security holders’ exemption which causes the Offering to exceed $250,000, Visionstate will accept such subscriptions on a first come, first served basis.
Visionstate intends to use the proceeds from the maximum Offering as follows: WANDA software development, specifically IoT (Internet of Things) buttons and a mobile app integrated with WANDA, WANDA hardware inventory for internal sales, and general and administrative expenses. Should the maximum Offering not be achieved, the use of proceeds will be adjusted by Visionstate. There is no minimum Offering.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centers and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Announces Collaboration with Bunzl on New IoT Technology
Edmonton, Alberta, November 20, 2019 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce it is collaborating with Bunzl Cleaning & Hygiene, the Company’s exclusive distributor of its proprietary WandaNEXT™ solution, to develop new technology to further enhance its product.
The technology collaboration will focus on Internet of Things (IoT) development to expand the functionality of the WandaNEXT™ solution, a smart device designed to improve efficiencies in cleaning and maintaining restrooms and common areas. WandaNEXT™ is already deployed throughout North America and is currently being introduced to international markets including the UK and Australia.
The development will translate into additional revenue for Visionstate in IoT services as well as valuable experience in designing end-to-end IoT solutions.
“We are extremely pleased to be working with Bunzl as our partner on these important technology initiatives,” explained Visionstate CEO John Putters. “The market for IoT solutions will continue to grow, as more and more devices are connected and collecting important analytics on their performance.”
Included in the development plans are the roll out of Wanda mobile, a mobile application designed to expand the WandaNEXT™ solution to any area of a facility, and a fresh new interface design that reflects a modern, professional look.
IoT development will focus on collecting data from new and existing sensors that further solidifies WandaNEXT™ as a hub of data for facility managers. The development provides Visionstate, a software developer, with important hands-on experience in designing sensor hardware suitable for many different types of applications.
“Visionstate is extremely competent in developing software and has a long track record of demonstrating these capabilities,” Putters explained. “The collaboration with Bunzl provides experience in new areas, which will ultimately pave the way for Visionstate to become a full, end-to-end provider of IoT solutions.”
“Our collaboration with Visionstate continues to enable us to deliver innovation that helps our customers improve efficiency and lower costs,” said Margo Hunnisett, Vice President, Marketing & Communications at Bunzl Canada. “It’s a very important partnership and a win-win for both.”
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state of the art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Expands WANDA Sales into New Industry Verticals
Edmonton, Alberta, October 9, 2019 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce updates on the Company’s sales activities for its main operating division Visionstate IoT Inc., an Internet of Things (IoT) company specializing in solutions for the facility management industry.
During the month of September 2019, the Company received orders for its WANDA product in new verticals, while existing customers continued to order additional units. WANDA, an IoT device designed to measure efficient restroom cleaning and customer satisfaction, was introduced to its first municipality last month. The 15-inch device, which collects data from sensors, customer alerts and staff cleaning activities, will be installed in large multiuse recreational centres located within the municipality.
“The introduction of WANDA to our first major municipality is a key milestone for Visionstate,” said CEO John Putters. “WANDA lends well to the continued growth of smart cities, and therefore opens an entirely new sales vertical for the Company.”
In the month of September, Visionstate also received orders from its first power authority located in the US. The installation will occur at their head office in November and represents another new vertical for the Company.
The diverse install base demonstrates the widening appeal for WANDA as more and more facility managers look to IoT solutions to make their work more efficient. WANDA acts as a hub for key cleaning, maintenance and customer satisfaction information that is summarized in an analytics dashboard. It measures traffic, supplies, cleaning activities and provides customers with the ability to issue alerts.
Existing customers, including a Canadian hospital and a large shopping centre in Eastern Canada, purchased additional WANDA units during the month of September.
“We are extremely pleased to see existing customers order additional units,” explained Putters. “It demonstrates the value of our product and the growing interest in IoT solutions. Once you switch to WANDA that provides accountability, efficiency, inventory tracking and real-time alerts, there is no way back to the traditional paper-based reporting. ”
Industry experts predict substantial investments into IoT solutions in upcoming years based on the value of the analytics it produces. Facility managers use that data to identify inefficiencies in operations, and can better respond to customer demands.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state of the art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Appoints Jim Duke as Vice President of Corporate Development
Edmonton, Alberta, October 3, 2019 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce the appointment of Jim Duke as VP Corporate Development. Jim has been a member of Visionstate’s Board of Directors for five years and has a strong understanding of the Company's operations and strategic direction. His primary role would be to assist in raising the profile of Visionstate Corp. by ensuring transparent and consistent shareholder communication, as the Company expects a steadier news flow in the coming months with a few press releases already in the works.
“As our business grows and Internet of Things (IoT) applications expand, we want to strengthen the communication with clients and shareholders, and Jim's involvement will facilitate that objective," said John Putters, CEO. “In conjunction with the Company's investor relations firm, CHF Capital Markets, Jim will work on developing a stronger, more impactful public profile of Visionstate Corp.Jim Duke has more than 30 years of experience in the financial services industry, working as a branch manager & financial advisor for several large financial brokerages throughout his career.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state of the art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Visionstate Launches New Mobile WANDA App
Edmonton, Alberta, September 6, 2019 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”) is pleased to announce that Visionstate IoT Inc., the operating division of Visionstate Corp., has launched a new mobile app designed to enhance its WANDA product and expand its revenue base.
WANDA Mobile is an extension of the WANDA IoT solution that is installed in public restrooms to collect data on the efficiency of cleaning and maintaining public restrooms. The app enables building operators to track cleaning, resources and activities outside restrooms, providing facility managers with a more complete solution.
“WANDA is a great product and delivers measurable return on investment based on the analytical data collected by the device,” explains Visionstate’s CEO John Putters. “The mobile app takes WANDA outside restrooms and enables our customers to track all cleaning activities in any facility.”
The WANDA app currently replicates the functionality of the WANDA device, however as sensors are continued to be deployed, the app will ultimately deliver intelligent work flows and schedules based on priority determined by sensor information.
WANDA Mobile is the latest product to be released by Visionstate IoT as it expands its solution offering and adds additional revenue streams. WANDA Mobile can be used both as a stand-alone product and in conjunction with other WANDA-related devices such as the recently launched WANDA QuickTouch, an IoT button designed to deliver service alerts in any facility area.
“Over the past 18 months Visionstate has been gathering information from customers on how to expand its solution and deliver a more complete offering to the facility managers. The mobile app is a strong step in that direction,” comments John Putters.
WANDA Mobile is based on software as a service (SaaS) model, similar to WANDA QuickTouch. The Company’s goal is to build its revenue base through the SaaS model and software royalties currently being generated through the sales of the WANDA device.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state of the art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
Issued on behalf of the Board of Directors “John A. Putters” Visionstate Corp.
Forward-Looking Statements
This news release may include certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with Visionstate’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Visionstate’s current expectations regarding future results or events.
These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Visionstate assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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.