VIS:CC - Visionstate Announces Rollout of AI for its WANDA(TM) Application

(TheNewswire)

Edmonton, Alberta – TheNewswire - February 8, 2023 – Visionstate Corp. (TSXV:VIS) (“Visionstate” orthe “Company”) Visionstate IoT Inc., wholly-owned subsidiary ofVisionstate, a leading provider of Internet ofThings (IoT) solutions for the facility management sector, is proud toannounce the incorporation of artificial intelligence (AI) into its WANDA ™ application. With its AIpartner, Fluido.ai, Visionstate is taking the next step in its journeyto provide customers with cutting-edge technology and innovativesolutions.

The WANDA ™ application, which provides real-time monitoring andtracking of cleaning and maintenance activities, will now include AI “chatbot” capabilitiesthat will enhance its functionality and provide users with a more efficient and effective experience. The AI algorithms developed by Fluido.ai willallow WANDA ™ to analyzelarge amounts of data and make automated decisions, providing userswith real-time insights and predictions that were previouslyunavailable.

For those who are not familiar with AI technology andwhy integrating it with the WANDA TM application isso exciting, here is a practical example:

• User: (using keystrokes or voice command) -"WANDA TM (the AI), tell me how many times in the last month acleaning was missed?"

• WANDA TM (AI): (answer will be received by User in10 seconds or less) - "In the month of January two cleanings weremissed in the men's and women's restrooms on the first floor of theWest Wing. Overall, the staff was 98% compliant with the cleaningprotocols."

“The chatbot can interact with customers on thewebsite, the phone, Meta Messenger, WhatsApp, etc.; the businessoperator only needs to glance at one dashboard to see the totalpicture regarding its customer interactions through variouschannels,” said Wessam Gad El-Rab, Chief AI Officer and co-founderof Fluido.ai.

"We are thrilled to be working with Fluido.ai andincorporating their AI expertise into our WANDA™ application," saidVisionstate IoT Inc. President , Shannon Moore. "This collaboration allows us to bringthe latest technology to our customers, providing them with "state-of-the-art” analytics and data in real-time. "

With the integration of AI, Visionstate is positioningitself as a leader in the IoT space and is committed to providingcustomers with innovative and effective solutions. The Company is dedicated to providing its customerswith the best possible experience, and the incorporation of AI willhelp it to achieve this goal.

About Fluido.ai

Fluido.ai is an Edmonton, Alberta-based AI company thathas created a Conversational AI technology "chatbot" for therestaurant industry and for the retail industry. The chatbot can workby text (where the customer types theirquestions and answers using a keyboard) or with a voice interface. TheFluido.ai chatbot also takes payments. In addition, Fluido.ai hasdeveloped a recommendation engine that is currently being used by a UScoffee chain. Visit our website at www.fluido.ai

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 ofThings, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. ThroughVisionstate IoT Inc., it helps businesses improve operationalefficiencies, reduce costs, and elevate customer satisfaction with itsstate-of-the-art devices that track and monitor guest activities andrequests. The footprint of its WANDA™ smart device now extends tohospitals, airports, shopping centres, and other public facilitiesacross and beyond North America. Through building up a collection ofsynergistic technologies, Visionstate Corp. will continue to innovate,reduce environmental impact, and transform consumerexperiences.

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

Kathy Chapman

Email: kc@chfir.com

Tel: 416-868-1079 x 234

Twitter:

Facebook:

LinkedIn:

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accept responsibility for the adequacy or accuracyof 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 impreciseand, 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.

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