(TheNewswire)
Edmonton, Alberta – TheNewswire - September 21, 2023 – Visionstate Corp. (TSXV:VIS) (“Visionstate” orthe “Company”) , a leading innovator inIoT technology for the facility management industry, is proud toannounce significant advancements in its global expansion efforts.With a strong focus on enhancing facility management practices,Visionstate IoT Inc., the company’s main operating division,continues to make strides in improving operational efficiency andcleanliness in various sectors.
Major Deployment in Canada
Visionstate IoT has embarked on a major deploymentproject in collaboration with one of the largest universities inCanada. To date, the company has successfully completed installationsin five buildings, with 12 more buildings slated for deployment. Thislandmark project showcases Visionstate's commitment to revolutionizingfacility management across academic institutions, ensuring a safe andproductive environment for students and staff.
International Trials in the UK andAustralia
In London, UK, Visionstate is conducting a trial of itscutting-edge IoT technology at the head office of a prominent globalride-sharing company. This initiative aims to demonstrate thecapabilities of Visionstate's solutions in optimizing workspacecleanliness and maintenance protocols within corporateenvironments.
Meanwhile, Visionstate has successfully completed aninstallation in Australia, marking its initial foray into thisburgeoning market. The company is excited about the prospects ofexpanding its footprint and delivering its innovative solutions toorganizations across the Australian continent.
Expanding Presence in the US
In the United States, Visionstate IoT is aggressivelyexpanding its presence and forging key partnerships. The company iscurrently working with partners to deploy its flagship product, Wanda,in a prominent restaurant chain. Visionstate will also be a prominentpresence at key industry tradeshows across the US over the next 12months, aiming to solidify its position as a frontrunner in facilitymanagement technology within the US market.
Global Partnership and StrategicInitiatives
Visionstate is actively working towards concluding acomprehensive contract with its global partner, which will encompassCanada and specific territories internationally. This strategicpartnership is expected to elevate Visionstate's reach and influencein the global facility management arena.
Enhanced Marketing and OnlinePresence
Over the next quarter, Visionstate will intensify itsefforts to expand its social media presence for Wanda, engaging with awider audience and sharing valuable insights on facility managementbest practices. The company is also set to launch a targeted marketingcampaign in the US, aimed at raising awareness about its innovativesolutions. In addition, Visionstate will unveil a new website thatwill better represent its products and capabilities, making it easierfor potential customers to explore the benefits of its cutting-edgetechnology.
Wanda, Visionstate's flagship facility management tool,is designed to meticulously track cleaning and maintenance protocols,ensuring optimal cleanliness and operational efficiency in variousindustries.
"We are excited about the rapid expansion of ourIoT technology solutions worldwide," said Shannon Moore,President of Visionstate IoT Inc. "Our commitment to enhancingfacility management practices continues to drive us forward, and welook forward to delivering our innovative solutions to moreorganizations, helping them achieve excellence in cleanliness andefficiency."
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 andunknown risks, uncertainties and other factors may cause the actualresults or performance 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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