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home / news releases / VIS:CC - Visionstate Announces Corporate Sponsorship of Exceed Solar by Bunzl Canada


VIS:CC - Visionstate Announces Corporate Sponsorship of Exceed Solar by Bunzl Canada

(TheNewswire)

Distribution leader sponsors ExceedSolar’s state-of-the-art, solar-powered greenhouse to fight foodinsecurity.

Edmonton,A B - TheNewswire - January 27, 2023 - Visionstate Corp. (TSXV:VIS) Visionstate (the“ Company ”) is pleased to announce itsportfolio company Exceed Solar, a pure play ESG entity, has launchedits community-driven food security network in partnership with BunzlCanada Inc. (“Bunzl Canada”).

Bunzl Canada has announced its sponsorship of thecommunity-scale, solar-powered greenhouse at the Alberta Avenue CommunityLeague (“AACL”) in Edmonton. Thisstate-of-the-art initiative will provide the community with access tofresh, locally grown produce year-round.

The innovative project was initiated by Edmonton’sown ExceedSolar , a local start-up businessfounded on a passion for the environment and a commitment to making ameaningful impact on the planet by promoting alternative energy andsustainable living. The new greenhouse will feature advancedtechnology, including a 1.2kW solar energy system, heating and coolingductless pump, and an Internet of Things (IoT)-based environmentalmonitoring system.

Construction of the greenhouse is set to begin in thecoming weeks and is expected to be fully operational by Spring 2023,according to Elliot Putters, Exceed Solar’s founder and CEO. “This initiative will have a very positiveimpact on our local community , thanks to ourpartners, Bunzl Canada and the AACL.”

“We are very excited to partnerwith Exceed Solar and the AACL on this innovative project,” saidMargo Hunnisett, Bunzl Canada's Vice President of Marketing andCommunications. “We believe that access to food, especially freshproduce, is essential for building strong, sustainable communities.We’re committed to supporting initiatives to address food insecurityand hope this new greenhouse will serve as a model for othercommunities to follow."

Bunzl Canada provides cleaning and hygiene products andequipment, food and retail packaging, safety products, and industrialsupplies to more than 45,000 Canadian businesses. The company supportslocal food banks across the country as well as contributes toin-school nutrition programs.

“We are thrilled to have the support of Bunzl Canadain bringing this exciting project to our community,” said AACLFacility Manager, Karen Mykietka. “The greenhouse will not onlyprovide us with fresh produce but will also serve as a valuableeducational resource for our members. We lookforward to seeing the positive impact it will have on ourcommunity.”

The AACL will provide educational resources andworkshops, allowing members of the community to learn aboutsustainable farming practices and how to properly care for the plantsin the greenhouse.

About Bunzl Canada Inc.

Bunzl Canada Inc. ( bunzlcanada.ca ) provides thecleaning and hygiene products and equipment, food and retailpackaging, safety products and industrial supplies which keep over45,000 Canadian businesses running optimally,every day. The company brings its customers the advantage of globalsourcing, product innovation and national scale combined withresponsive local service and deep category expertise. Bunzl CanadaInc. is a division of Bunzl Distribution USA, LLC.

About Bunzl Distribution

Bunzl Distribution USA, LLC ( bunzldistribution.com ), headquartered in St. Louis, Mo., is the largest divisionof London-based Bunzl plc, an international distribution andoutsourcing group. With more than 100 distribution centre throughoutthe U.S., Canada, Mexico and the Caribbean, Bunzl supplies a widerange of products to food processors, supermarkets, retailers,convenience stores and other users.

About Exceed Solar Inc.

Exceed Solar Inc. is a social enterprise and thebuilder of ‘Sol Spaces’ - a product line of building structuresthat are consciously engineered and constructed to enhance daily life,empower healthy communities, and contribute to the sustainability ofthe planet. The Sol Greenhouse, Sol Studio and Sol Garden Suite areeach innovatively designed to meet a unique and earnest customerprofile including individual homeowners, community service groups, therestaurant and hospitality sector and municipalities in Edmonton andnorthern Alberta.

About Visionstate Corp.

Visionstate Corp. (TSXV: VIS) is a growth-orientedcompany that invests in the research and development of promising newtechnology in the realm of the Internet of Things, big data andanalytics, and sustainability. Visionstate IoTInc. is a wholly-owned division of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improveoperational efficiencies, reduce costs and elevate customersatisfaction with its state-of-the-art devices that track and monitorguest activities and requests. The footprint of its WANDA™ smartdevice now extends to hospitals, airports, shopping centres, and otherpublic facilities across and beyond North America. Through building upa collection of synergistic technologies, Visionstate Corp. willcontinue to innovate, reduce environmental impact and transformconsumer experiences.

Issued on behalf of the Board of Directors,

“John A. Putters”

Visionstate Corp.

To learn more, please contact:

Visionstate IoT Inc.

Shannon Moore, President

Email: shannon@visionstate.com

Tel: 780-425-9460

CHF Capital Markets

Perry Rapagna, Manager, Corporate Development &Senior Account Manager

Email: perry@chfir.com

Tel: 416-868-1079 x230

Twitter:

Facebook:

LinkedIn:

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

Forward-Looking Statements

Certain information set forth in this material maycontain forward-looking statements that involve substantial known andunknown risks and uncertainties. All statements other than statementsof historical fact are forward-looking statements, including, withoutlimitation, statements regarding future financial position, businessstrategy, use of proceeds, corporate vision, proposed acquisitions,partnerships, joint-ventures and strategic alliances andco-operations, budgets, cost and plans and objectives of or involvingthe Company. Such forward-looking information reflects management'scurrent beliefs and is based on information currently available tomanagement. Often, but not always, forward-looking statements can beidentified by the use of words such as "plans","expects", "is expected", "budget","scheduled", "estimates", "forecasts","predicts", "intends", "targets","aims", "anticipates" or "believes" orvariations (including negative variations) of such words and phrasesor may be identified by statements to the effect that certain actions"may", "could", "should","would", "might" or "will" be taken,occur or be achieved. A number of known and unknown risks,uncertainties and other factors may cause the actual results orperformance to materially differ from any future results orperformance expressed or implied by the forward-looking information.These forward-looking statements are subject to numerous risks anduncertainties, certain of which are beyond the control of the Companyincluding, but not limited to, the impact of general economicconditions, industry conditions and dependence upon regulatoryapprovals. Readers are cautioned that the assumptions used in thepreparation of such information, although considered reasonable at thetime of preparation, may prove to be imprecise and, as such, unduereliance should not be placed on forward-looking statements. TheCompany does not assume any obligation to update or revise itsforward-looking statements, whether as a result of new information,future events, or otherwise, except as required by securitieslaws.

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: Visionstate Corp.
Stock Symbol: VIS:CC
Market: TSXVC
Website: visionstate.com

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