VIS:CC - Visionstate Provides Corporate Updates and Investor Presentation
(TheNewswire)
Company President to host virtualinformation session on corporate plans
Edmonton, Alberta – TheNewswire - January 11, 2023 – Visionstate Corp. (TSXV:VIS) Visionstate (the“Company”) is pleased to announce its upcoming investor meeting todiscuss the Company’s corporate plans for 2023. The virtual investormeeting will be held at 4:00 pm EST on Thursday, January 12. Pleasejoin us for this presentation which will be followed by a Q&Asession. The meeting link is as follows:
https://zoom.us/j/99181039071?pwd=aTRVc3JBTUZHeEowRmgrNGFjN210UT09
Among the topics of discussion is the strategic planfor the Company in the coming year. Effective December 2022,Visionstate IoT Inc., wholly-owned division of Visionstate Corp., hasa new President in place, Shannon Moore, who brings a strongbackground in operations and sales growth. She will be discussing herplans for the coming year on this call.
Effective February 1, 2023 the Company is introducingseveral changes to its operating model, including a planned rateincrease for its WANDA™ software licenses to bring the price in linewith other efficiency-based apps. The increase is expected to triplethe revenue for 2023 and beyond.
Visionstate has built a solid foundation ofsubscriptions for its WANDA™ technology in Canada and plans for 2023include bringing that level of success to other key markets in theworld. Shannon Moore, President of the Company’s IoT WANDA™division will be detailing rollout plans for 2023 at the investormeeting.
“I would like to extend the invitation to allVisionstate shareholders and others who may be interested in what thisexciting software platform can deliver,” explained Moore. “Ourclient list is growing quickly, and we are adding new, large companiesto it, which we would like to share with our stakeholders.”
WANDA™ has proven to be an extremely valuable tool intracking cleaning and maintenance activities in diverse environmentsincluding hospitals, shopping centres, airports, Class A officebuildings, municipalities, and others. The technology is quicklyreplacing legacy paper-based processes for tracking activities relatedto facility management.
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 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 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.
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