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home / news releases / VIS:CC - Visionstate Announces New WANDA Deployments as Flu Viruses Persist


VIS:CC - Visionstate Announces New WANDA Deployments as Flu Viruses Persist

(TheNewswire)

Edmonton, Alberta - TheNewswire - December 14, 2022 - Visionstate Corp. (TSXV:VIS) (“Visionstate”or the “Company”) is pleased to announce its wholly ownedsubsidiary Visionstate IoT Inc. has successfully deployed itsproprietary WANDA™ technology to two new locations amid rising casesof the flu virus across Canada.

The two new locations include senior’s facilities inCalgary, Alberta and a Class “A” office tower in downtownVancouver, BC. Visionstate IoT is also gearing up for its firstinstallation in the hospitality sector, planned for January 2023, in ahigh-end hotel located in the heart of Banff, Alberta.

The installations of WANDA™ come as health care inCanada comes under increasing pressure from particularly virulentstrains of the flu virus, and the continued persistence of COVID.Visionstate IoT’s proprietary WANDA™ technology is the first lineof defence in reducing the incidents of disease spread by providingtechnology designed to track and monitor front line cleaning practicesin public facilities.

“The continued demand for WANDA™ is a result of ageneral transformation in the facility management sector toward newtechnology that can effectively track and monitor cleaning practicesin any environment,” explained Visionstate IoT President ShannonMoore. “The antiquated paper-based method of tracking theseactivities no longer measure up when considering the threat posed byviral outbreaks.”

Health care officials across Canada and North Americahave expressed concern about the threat caused by the transmission ofdisease during this year’s flu season. In many cases, hospitals arealready at capacity and schools are witnessing unprecedented absencesdue to the virulent nature of the flu.

“WANDA™ is an easily deployed and affordable mobileapp that brings accountability to a new level,” said Moore. “Withcompliance reporting and detailed analytics, facility managers canhave confidence their staff is meeting or exceeding new cleaningprotocols that have been introduced since the first outbreak ofCOVID-19.”

Currently WANDA™ is installed in hospitals, airports,senior’s care facilities, recreational centres, shopping centres,municipalities and Class “A” office towers across Canada and theUS. The WandaMOBILE app can track cleaning and maintenance in multiplezones and areas inside and outside of buildings and provides detailedanalytics on performance.

Visionstate’s WANDA™ is marketed globally andgenerates revenue through a software-as-a-service model. Each newclient builds recurring revenues where the margin is approximately90%.

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 customer satisfaction with its state-of-the-art devices thattrack and monitor guest activities and requests. The footprint of itsWANDA™ smart device now extends to hospitals, airports, shoppingcentres and other public facilities across and beyond North America.Through building up a collection of synergistic technologies,Visionstate Corp. will continue to innovate, reduce environmentalimpact and transform consumer 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 dependenceupon regulatory approvals. Readers are cautioned that the assumptionsused in the preparation of such information, although consideredreasonable at the time of preparation, may prove to be imprecise and,as such, undue reliance should not be placed on forward-lookingstatements. The Company does not assume any obligation to update orrevise its forward-looking statements, whether as a result of newinformation, future events, or otherwise, except as required bysecurities laws.

Copyright (c) 2022 TheNewswire - All rights reserved.

Stock Information

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

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