Visionstate Onboards New Campus Client and Expands to Park Avenue, NYC
Edmonton, Alberta, June 19, 2025 – TheNewswire - Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”), is pleased to announce continued growth of its Wanda smart facility solution, with another post-secondary institution in Ontario preparing to implement the technology across 10 campus buildings — including residences, academic facilities, and athletic buildings. The installation is imminent and marks another strong indication of market momentum behind Wanda.
The school’s athletic facilities will also be using Wanda’s “Alert” function to enable real-time issue reporting, helping staff respond quickly to hygiene or maintenance concerns. The deployment is being led by a building service contractor (BSC) who is now onboarding additional Wanda clients across Ontario — a signal of increasing industry confidence in the platform.
“Post-secondary institutions are embracing Wanda as a simple yet powerful solution to digitally manage cleaning compliance and facility responsiveness — particularly with Bill 190 enforcement looming,” said Shannon Moore, President of Visionstate IoT. “This latest customer is onboarding 10 subscriptions — at just $960 per year per building — with no hardware required. That’s a smart, cost-effective alternative to fines that can reach up to $100,000 under the legislation.”
Visionstate is currently onboarding clients across Ontario in anticipation of the January 1, 2026, enforcement date for Bill 190, which requires public-facing washrooms to post cleaning records in a visible and trackable format. In response to the legislation’s implementation timeline, Visionstate will be delaying its Ontario invoicing until January 1, 2026. This approach gives customers ample time to complete installations without the pressure of a last-minute rush.
“We understand there is an added cost to meeting these new requirements, and Visionstate is pleased to support our Ontario customers by offering the solution free of charge until the January 1 deadline,” added Moore. “We’re committed to ensuring a smooth transition for our customers.”
In parallel, a Class A office tower on Park Avenue in New York City is preparing to expand its Wanda deployment. This prestigious location highlights how the platform contributes to positive public perception, as well as the data intelligence that helps facility managers make informed decisions about cleaning operations, staffing, and efficiency.
At a subscription cost of $960 per building per year, the current client onboarding across 10 buildings represents $10,000 in annual recurring revenue once billing begins in January 2026. As WandaLITE continues to prove its value as a scalable, easy-to-deploy solution, Visionstate is well positioned to achieve mass adoption across sectors. The company’s strategy of offering a competitive pricing model with low implementation barriers supports wide-scale adoption while delivering meaningful returns for shareholders through recurring software revenue.
Importantly, tens of thousands of businesses and public facilities across Ontario are impacted by Bill 190, which mandates the digital display of restroom cleaning logs by January 1, 2026. Visionstate’s strategic focus is to scale rapidly through partnerships with building service contractors, like the one implementing Wanda at the latest post-secondary institution. These BSC partnerships create a powerful channel to reach a broad customer base efficiently and support large-scale compliance ahead of the legislative deadline.
For more about Visionstate products please visit: www.visionstate.com
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Announces First WandaLITE Deployment Outside Ontario Amid Growing Demand
ALSO: Visionstate’s AI technology is nearing prototype stage
Edmonton, Alberta, June 12, 2025 – TheNewswire - Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”), a provider of facility management technology, is pleased to announce a significant development in the rollout of its WandaLITE solution: the first deployment outside the province of Ontario. A regional airport has adopted WandaLITE to strengthen its commitment to cleanliness and improve passenger experience—marking the beginning of broader national adoption.
WandaLITE was originally developed in response to Ontario’s Bill 190, which mandates visible cleaning logs in public washrooms. Designed as a simplified version of Visionstate’s flagship WandaNEXT solution, WandaLITE is easy to deploy, simple to use, and provides facilities with critical data on cleaning history and compliance.
Since its release earlier this year, WandaLITE has seen strong uptake, with a growing pipeline of installations across Ontario. However, the product’s intuitive design and powerful data-tracking capabilities have generated demand beyond the scope of the legislation. The recent deployment at a regional airport underscores this momentum and highlights the broader applicability of the technology.
“Airports are high-traffic environments where public perception of cleanliness is crucial,” said Shannon Moore, President of Visionstate IoT Inc. “WandaLITE not only offers an easy-to-implement solution but also provides clear, auditable proof of cleaning activity. This demonstrates a facility’s ongoing commitment to health and hygiene, which is more important than ever in public spaces.”
WandaLITE allows facility managers to easily digitize cleaning records using mobile devices, while displaying a visible QR code for the public to scan and view the cleaning history. This transparency builds trust with customers and reinforces operational accountability.
With growing demand across multiple sectors—including healthcare, education, transportation, and retail—Visionstate is positioning WandaLITE as a versatile solution for organizations seeking to modernize their cleaning protocols without major infrastructure changes.
“The adoption of WandaLITE beyond Ontario signals a broader shift in how organizations are thinking about cleanliness and public health,” added Moore. “It’s not just about meeting legislative requirements—it's about building public confidence and operational efficiency.”
Visionstate will continue to report on key deployments as the pipeline expands and national awareness of WandaLITE grows.
AI Development Update
In parallel with the adoption of WandaLITE, Visionstate is also making significant progress on its artificial intelligence (AI) initiative in collaboration with the Alberta Machine Intelligence Institute (AMII). The project is focused on developing an AI-powered system that can generate optimized cleaning routes for frontline staff.
The system analyzes key variables such as facility layout, available staffing and shift schedules, and required cleaning protocols to create an intelligent, daily task guide. This not only improves efficiency and consistency but also ensures compliance with cleaning standards across a wide range of facilities.
Once integrated with the Wanda platform, the AI system will provide predictive scheduling and real-time task direction, further enhancing the value of Visionstate’s technology for clients seeking smarter, data-driven operations.
Website Updates
As part of its ongoing communication efforts, Visionstate has also updated its website at www.visionstate.com to reflect recent product developments, including WandaLITE, MIRA, and the Company's response to Ontario’s Bill 190. The updated site provides detailed information on each solution, customer use cases, and how Visionstate is helping facilities modernize operations through smart technology.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Launches MIRA to Digitize Facility Inspections and Expand SaaS Platform
Edmonton, Alberta, June 5, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) is pleased to announce the official launch of MIRA, its newest software-as-a-service (SaaS) platform designed to streamline and digitize inspections across public-facing facilities. The platform became available to customers in June 2025 following months of development and testing in real-world conditions.
MIRA represents the latest evolution in Visionstate’s commitment to delivering smart, scalable, and data-driven tools for the facility management industry. Built as a natural extension of the company’s flagship Wanda platform, MIRA allows facility teams to conduct audits, safety checks, and operational inspections with greater accuracy, accountability, and efficiency.
Designed for mobile use, MIRA incorporates real-time reporting, customizable checklists, QR code scanning, and secure cloud-based data storage. Whether tracking regulatory compliance in healthcare environments or conducting daily walkthroughs in retail and education facilities, MIRA empowers staff to standardize their processes and provides management with transparent, audit-ready records.
“The launch of MIRA is a major step forward in our vision to deliver an integrated suite of digital solutions for facility management,” said Shannon Moore, President of Visionstate. “Where WandaLITE solves cleaning compliance, MIRA addresses a broader range of operational and regulatory inspections. Together, they form a powerful platform — and one that positions Visionstate to lead in this emerging space.”
The launch of MIRA also represents an important business milestone for Visionstate. As a new product in the company's SaaS portfolio, MIRA introduces a fresh recurring revenue stream that complements WandaLITE without increasing implementation complexity. Because most facility managers already conduct inspections using paper-based methods, MIRA offers a lower-friction transition to digital without the need for operational disruption. It also adds a valuable new layer of data that can be analyzed alongside cleaning and resource metrics to drive improved efficiency, accountability, and planning.
MIRA is offered on a recurring monthly SaaS model, either as a standalone platform or bundled with WandaLITE for clients requiring both cleaning log compliance and broader inspection capabilities. Pricing is designed to reflect ease of scaling by location or team size, aligning with Visionstate’s strategy to grow its high-margin, subscription-based revenue streams.
Visionstate has already seen strong early interest in MIRA from several existing customers. Initial pilots are underway in sectors such as education, healthcare, and municipal government, where facility inspections are routine and documentation is essential. The ability to digitize and centralize these processes presents a compelling value proposition — particularly in industries where compliance requirements are rising.
The release of MIRA comes during a period of accelerated technical development at Visionstate. Over the past several quarters, the company has significantly invested in expanding its platform capabilities, including the launch of WandaLITE to support Ontario’s Bill 190 legislation and ongoing development of AI-powered features that enable predictive task scheduling. Together, these technologies represent a fully integrated approach to smart facility management.
MIRA is now available to Visionstate customers across Canada, with on-boarding support and customization available for enterprise clients. To learn more or request a demo, visit www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Capitalizes on Ontario's Bill 190 with Surge in Demand for WandaLITE
Thousands of Businesses Seek Digital Compliance Tools Amid Legislative Change
Edmonton, Alberta, May 22, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) is pleased to report an immediate and growing surge in demand for its WandaLITE solution, driven by Ontario’s newly passed Bill 190 legislation, which mandates the display and tracking of restroom cleaning schedules in public-facing businesses and institutions. Adoption is already underway, with a major Ontario municipality and a large hospital among the first organizations to implement the WandaLITE platform.
The legislation, which affects tens of thousands of businesses across Ontario, represents a significant shift toward transparency and accountability in public hygiene. With enforcement expected to tighten through the remainder of 2025, Visionstate has positioned its WandaLITE product as a turnkey, digital compliance solution — replacing traditional paper logs with real-time, cloud-based reporting and QR code verification.
“The response has been overwhelming,” said Shannon Moore, President of Visionstate IoT Inc. “We are booking back-to-back demos with businesses across Ontario, from national retailers to local facilities that need to comply quickly and cost-effectively. WandaLITE was built for exactly this type of mandate.”
Enormous Market Opportunity
According to industry estimates, there are more than 100,000 commercial and institutional restrooms in Ontario that fall under the scope of Bill 190. Visionstate believes this legislation will set the precedent for similar regulations across other Canadian provinces, particularly in sectors such as healthcare, education, and transportation.
WandaLITE offers the key compliance requirements:
QR code scanning for cleaning confirmation
Digital logs stored securely in the cloud
Easy wall display using either QR codes or tablets
Cost-effective, plug-and-play setup
With an annual fee of $960 per installation, the potential revenue impact for Visionstate is substantial. Given the simplicity of implementation, Visionstate is poised to on-board thousands of customers by December 31, 2025, ahead of Bill 190 coming into full effect on January 1, 2026. The Company is targeting 1,000 installs by the time the legislation comes into effect.
Strategic Expansion Underway
Visionstate has already begun on-boarding new customers in Ontario, including a large municipality and a major hospital. The municipality will deploy WandaLITE across multiple building types, including administrative offices, recreational facilities, arenas, and pools. The hospital has adopted the solution to enhance hygiene tracking and ensure ongoing compliance with evolving regulations.
The company is actively scaling to meet increasing demand:
Ongoing demos with businesses and institutions across the province
Dedicated on-boarding resources and training support
Expanded marketing campaigns focused on facility managers and compliance officers
Continuous product enhancements based on real-time customer feedback
“Bill 190 is not just a compliance issue — it’s a defining moment for smart facility management in Canada,” added Moore. “We expect similar legislation to follow nationwide, and Visionstate is prepared to lead that transition.”
For more information on WANDA or to schedule a demo, contact Visionstate today at www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Reports Successful Launch of New Technologies at Bunzl National Sales Conference
Edmonton, AB – TheNewswire - May 2, 2025 - Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”) is pleased to report on the successful participation in the Bunzl National Sales Conference held last week in Halifax, Nova Scotia. The event provided an excellent platform for Visionstate to introduce two new technology solutions to the Bunzl sales team from across Canada, both of which represent significant new revenue opportunities and are designed for streamlined, easy deployment.
Visionstate officially launched MIRA, the Company's new auditing and inspections software based on industry standards. MIRA enables organizations to perform and manage inspections with ease, offering detailed reporting, analytics, and compliance tracking. The Company already has a strong pipeline of opportunities for MIRA, including major grocery chains across Canada.
In addition, Visionstate introduced WandaLITE, a simplified version of its flagship Wanda application. WandaLITE is tailored for quick and cost-effective deployment, meeting the requirements of Ontario’s newly introduced Bill 190, which mandates businesses to provide easy public access to restroom cleaning records. Thousands of businesses in Ontario are affected by this legislation, and WandaLITE offers a turnkey solution to meet the new compliance standards.
"The introduction of MIRA and WandaLITE marks an exciting new chapter for Visionstate," said Shannon Moore, President of Visionstate Inc. "These products not only address current market needs but also open significant new revenue streams for the Company. The positive feedback from the Bunzl sales team reinforces our belief that these solutions will see rapid adoption across multiple sectors."
The Bunzl National Sales Conference allowed Visionstate to demonstrate its ongoing commitment to innovation and to strengthening its partnership with one of the largest distribution companies in North America.
The Company looks forward to capitalizing on the new opportunities presented by both MIRA and WandaLITE as it continues to expand its footprint across Canada and beyond.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technologies in the realm of the Internet of Things (IoT), big data, and analytics. Through its wholly owned subsidiary, Visionstate IoT Inc., the Company provides innovative facility management solutions that are shaping the future of smart buildings and public infrastructure.
For more information, please contact:
Investor Relations
Visionstate Corp.
Email: info@visionstate.com
Website: www.visionstate.com
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Announces Amendment To Warrant Expiry Dates
April 30, 2025 – TheNewswire - EDMONTON, ALBERTA – Visionstate Corp. (TSX Venture: VIS)("Visionstate") announces that it has applied to the TSX Venture Exchange to amend the expiry date of 22,975,000 common share purchase warrants (the “May Warrants”) issued pursuant to a private placement which closed on May 29, 2023. Visionstate has applied to extend the expiry date of the May Warrants from May 28, 2025 to May 28, 2027. In all other respects, the terms of the May Warrants will remain unchanged and in full force and effect.
Visionstate has also applied to the TSX Venture Exchange to amend the expiry date of 25,000,000 common share purchase warrants (the “August Warrants”) issued pursuant to a private placement which closed on August 18, 2023. Visionstate has applied to extend the expiry date of the August Warrants from August 17, 2025 to August 17, 2027. In all other respects, the terms of the August Warrants will remain unchanged and in full force and effect.
The amendments to the terms of the May Warrants and August Warrants are subject to receipt of all applicable regulatory and stock exchange approvals.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company investing in the research and development of promising new technology in the realms of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the art devices that track and monitor guest activities and requests. The footprint of its WANDA smart device extends to hospitals, airports, shopping centres, and other public facilities across North America and beyond. Through a collection of synergistic technologies, Visionstate Corp. continues to innovate, reduce environmental impact, and transform consumer experiences.
For Further Information, please contact:
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Social Media:
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint ventures, and strategic alliances, budgets, costs, and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "is expected," "scheduled," "estimates," "forecasts," "intends," "targets," "aims," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or 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 actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Provides Update on Portfolio Investment, Sol Spaces Inc.
Edmonton, AB – TheNewswire - April 22, 2025 - Visionstate Corp. (TSXV: VIS), a leader in smart facility management through its IoT platform, WANDA™, is pleased to provide an update on its portfolio investment, Sol Spaces Inc. (solspaces.com), following significant progress and strong market interest in its innovative greenhouse solutions.
Sol Spaces participated in the 2025 Edmonton Home and Garden Show in late March, where it showcased an 80-square-foot high-tech greenhouse that drew substantial attention from attendees and show organizers alike. The booth featured the company’s latest advancements in controlled-environment agriculture, including solar-powered exhaust fans, removable UV shades, and advanced environmental monitoring systems. Sol Spaces was proud to be recognized as the runner-up for Best New Booth at the event, a strong validation of both the product design and presentation.
The response was overwhelmingly positive, with company representatives distributing hundreds of business cards and collecting valuable leads that are now being actively pursued. The level of engagement highlights a surging interest in food security and sustainable living solutions, particularly in urban markets like Edmonton.
As part of its expanding product line, Sol Spaces unveiled the Sol 48, a 6-by-8-foot DIY greenhouse kit designed for smaller backyards. The Sol 48 delivers the same resilient, climate-focused engineering found in the company’s larger models while offering the convenience and cost savings of a do-it-yourself build. A full-scale Sol 48 will be on public display in May 2025 in Devon, Alberta, just southwest of Edmonton—marking the first time Sol Spaces has installed a unit for continuous public demonstration.
“The demand for climate-resilient greenhouses is rising rapidly as consumers face higher food prices and growing concerns around supply chain stability,” said John Putters, CEO of Visionstate Corp. “Sol Spaces is delivering solutions that are affordable, practical, and designed for a more sustainable future.”
The momentum continues with the recent completion of a community-scale greenhouse for a First Nations community near Edmonton. This facility incorporates SIP panel construction, heat pumps, and is scheduled to integrate solar power to further reduce energy costs. The project sets a strong example of how technology and intelligent design can support food sovereignty and sustainability in Indigenous and rural communities.
In addition to its greenhouse line, Sol Spaces is also scaling its modular backyard studios, which offer multi-use functionality and incorporate the same environmental technologies. With the success of these structures, the company is now evaluating international development opportunities—particularly in Mexico, where demand from Canadian buyers is growing rapidly as they shift focus from U.S.-based property markets. Sol Spaces’ modular, energy-efficient approach offers a scalable path to building climate-smart communities abroad.
Visionstate Corp. remains highly optimistic about the long-term potential of Sol Spaces Inc. as the company continues to innovate and expand into new markets with its line of sustainable living and growing solutions. Visionstate Corp. Has invested in Sol Spaces by way of convertible loans, which exercised represents a 40% equity stake in the company.
About Sol Spaces Inc.
Sol Spaces Inc. designs and builds next-generation greenhouses and modular living spaces that are climate-resilient, affordable, and technology-enhanced. With products ranging from compact backyard greenhouses to community-scale food systems and modern backyard studios, Sol Spaces integrates advanced materials such as SIP panels, renewable energy systems, and smart monitoring devices. The company’s mission is to address global challenges such as food security, sustainable housing, and energy efficiency by creating intelligent spaces for living and growing—anywhere in the world. Learn more at www.solspaces.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technologies in the realm of the Internet of Things (IoT), big data, and analytics. Through its wholly owned subsidiary, Visionstate IoT Inc., the Company provides innovative facility management solutions that are shaping the future of smart buildings and public infrastructure.
For more information, please contact:
Investor Relations
Visionstate Corp.
Email: info@visionstate.com
Website: www.visionstate.com
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Announces Robust Sales Pipeline and New Technology Launches to Expand Market Reach
Edmonton, AB April 17, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS), a leading provider of smart facility management solutions, is pleased to provide an update on the Company’s expanding sales pipeline, recent deployments, and the launch of key new technologies that position Visionstate for expanded market penetration.
Visionstate continues to see growing demand for its Wanda platform, an IoT-based solution that tracks and verifies cleaning and maintenance protocols in public facilities. In addition to its flagship product, the Company is proud to announce the completion of WandaLITE, a streamlined version of the Wanda system designed for quick and easy deployment, cutting set up time in half. WandaLITE is tailored to address Bill 190 in Ontario, which mandates real-time public reporting of cleaning times in restrooms and other public spaces.
The current sales pipeline includes a broad mix of municipal governments, healthcare organizations, educational institutions, and facility service providers, all exploring deployment of either Wanda or WandaLITE. Visionstate is currently in active talks with numerous potential clients, which include:
Multiple municipalities
A senior living organization with nine facilities
A major Canadian university
A large urban municipality in Ontario
A well-known private college
A prominent health authority
A national janitorial service provider
In addition to pipeline growth, Visionstate IoT Inc. has recently delivered an additional 60 IoT alert buttons to one of its larger customers in the United States. These devices, which generate monthly residual licence fees, are being used to notify cleaning teams when boardrooms require service, offering real-time communication and improving operational responsiveness. The Company also completed system upgrades at two major shopping centres in British Columbia, further solidifying its presence in the retail and commercial property sectors.
Complementing these developments, Visionstate team is also excited to unveil MIRA, a powerful new application that facilitates digital inspections in public facilities. MIRA simplifies the process of performing and recording facility inspections, improving compliance, efficiency, and accountability. Both WandaLITE and MIRA will be officially introduced at an upcoming national sales conference, taking place next week in Halifax, Nova Scotia.
"These advancements underscore our commitment to continuous innovation in the smart facility management space," said Shannon Moore, President of Visionstate IoT Inc. "We are not only expanding our client base across Canada and into the U.S., but also delivering technology that responds directly to emerging regulatory requirements and the evolving needs of our customers."
Visionstate is also making significant progress in developing its proprietary AI model, which is being designed to optimize staff scheduling and routing in large-scale facility environments. The model will leverage data collected through Wanda and MIRA to provide actionable insights that improve resource allocation and reduce operational costs. With a growing product portfolio and increasing interest from diverse sectors, Visionstate is well-positioned to scale its impact across North America and beyond.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technologies in the realm of the Internet of Things (IoT), big data, and analytics. Through its wholly owned subsidiary, Visionstate IoT Inc., the Company provides innovative facility management solutions that are shaping the future of smart buildings and public infrastructure.
For more information, please contact:
Investor Relations
Visionstate Corp.
Email: info@visionstate.com
Website: www.visionstate.com
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Announces Closing of Over-Subscribed Private Placement
Edmonton, Alberta – March 18, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a leading provider of Internet of Things (IoT) solutions for facility management, is pleased to announce the closing of the over-subscribed financing which was previously announced on March 3, 2025, subject to final acceptance from the TSX Venture Exchange (the “TSXV”). Visionstate has raised $455,000.00 through the issuance of 18,200,000 units ("Units") at a price of $0.025 per Unit. Each Unit is comprised of one (1) common share of Visionstate (“Common Share”) and one (1) Common Share purchase warrant (“Warrant”) whereby each Warrant entitles the holder to purchase one (1) additional Common Share at a price of $0.05 per Common Share for a period of five (5) years following the date of closing.
If the closing price of the Common Shares is equal to or exceeds $0.07 per Common Share for greater than twenty (20) consecutive trading days, then the warrant term shall automatically accelerate to a date that is thirty (30) calendar days following the date a press release is issued by the Company announcing the reduced warrant term, without any further notification to be made by the Company.
The issuance of Units to insiders pursuant to the Placement will constitute a “related party transaction” as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Placement will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. In particular, Visionstate has determined that the exemptions set out in paragraphs (a) and (b) in section 5.5 of MI 61-101 are applicable since the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (1)(a) and (b) in section 5.7 of MI 61-101 are applicable in that the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate, the distribution of the securities to the related parties will have a fair market value of not more than $2,500,000 and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.
Pursuant to applicable Canadian securities laws, the Common Shares and Warrants comprising the Units are subject to a four-month plus one day hold period from the date of issuance.
The Company notes a correction to a typographical error in the original March 3, 2025, news release whereby the correct term of the warrant is five (5) years from the date of issuance.
“As Visionstate continues to advance its technology solutions, this financing will provide essential capital to support our growth initiatives,” said Company CEO John Putters. “We remain committed to financial prudence while enhancing our IoT offerings and expanding our market reach.”
The net proceeds from the sale of the Units will be allocated towards Visionstate's expansion into the US market for its WANDA solution, where the company recently established an office location in Seattle, Washington. Proceeds will be directed toward increased sales support in that market, and targeted digital advertising efforts. Additionally, funds will be directed toward investment into the Company's AI model for facility management scheduling and shoring up investments to provide diversification of the Company's revenue streams. Visionstate Corp. remains dedicated to delivering innovative technology solutions that drive operational efficiencies and improve customer experiences across various industries.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company investing in the research and development of promising new technology in the realms of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA smart device extends to hospitals, airports, shopping centres, and other public facilities across North America and beyond. Through a collection of synergistic technologies, Visionstate Corp. continues to innovate, reduce environmental impact, and transform consumer experiences.
For Further Information, please contact:
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Social Media:
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint ventures, and strategic alliances, budgets, costs, and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "is expected," "scheduled," "estimates," "forecasts," "intends," "targets," "aims," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or 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 actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Provides Strategic, Technology Update, Including New Ai Model
Edmonton, AB March 10, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) is pleased to provide an update on the technological advancements and strategic initiatives concerning its WANDA product, an application designed to enhance operational efficiencies in facility management.
Launch of Standalone Inspections Application
In early Q3 of the current fiscal year, Visionstate will introduce a new inspections application aimed at streamlining the auditing process for facility managers assessing cleaning quality. This standalone application seamlessly integrates with WANDA, offering a comprehensive end-to-end solution. By digitizing existing processes, it facilitates enterprise-scale reporting and analytics, representing a new revenue stream for the company.
Advancements in Artificial Intelligence
Visionstate continues its collaboration with the Alberta Machine Intelligence Institute (Amii) to develop an AI model that intelligently designs cleaning schedules and optimizes routing. This innovation addresses the complexity and time-consuming nature of facility operations, leveraging AI to enhance efficiency. The company anticipates completing the model in Q4 2025, introducing another standalone product and revenue stream.
The prestige of Amii is underscored by the recent accolade awarded to one of its scientific advisors, Richard Sutton, who received the 2024 A.M. Turing Award—often referred to as the "Nobel Prize in computing"—for his foundational work in reinforcement learning.
Shannon Moore, President of Visionstate, commented on the AI initiative: "This development is transformational for facility management. By harnessing the power of AI, we're turning complex tasks into optimized processes, setting a new standard in the industry."
Compliance with Ontario's Cleaning Verification Legislation
In response to Ontario's new legislation, O. Reg. 480/24, under the Occupational Health and Safety Act, which mandates the recording of washroom cleaning activities effective January 1, 2026, Visionstate has proactively updated the WANDA software to meet these specific requirements. The regulation requires employers and constructors to maintain and post records of washroom cleanings, including the date and time of the two most recent cleanings, either physically near the facility or electronically accessible to workers.
Visionstate's objective is to ensure easy deployment to the thousands of potential customers affected by this legislation. The company will focus on onboarding these customers in Q3 and Q4, ahead of the January 1, 2026, implementation date.
For more information on WANDA or to schedule a demo, contact Visionstate today at www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate's WANDA Enhances Facility Management in Banff, Alberta
Banff, Alberta – March 4, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) is proud to announce the installation of its WANDA technology in the Town of Banff, one of the world’s most scenic and visited tourist destinations. This deployment underscores Banff’s commitment to proactive facility cleanliness and public engagement while aligning with a growing industry trend toward digital cleaning management.
With millions of visitors each year, Banff’s public spaces require efficient and responsive facility management. WANDA provides real-time monitoring of cleaning activities, automated alerts for service needs, and visitor counting sensors to enhance operational efficiency.
The system also empowers the public to easily report issues by scanning a QR code, ensuring that facility managers receive instant feedback and can take immediate action.
"Banff’s adoption of WANDA reflects a broader shift in the industry towards digitized cleaning management," said Shannon Moore, President of Visionstate IoT Inc. "Providing real-time tracking, public interaction, and operational insights is key to maintaining high facility standards, especially in high-traffic environments."
The move aligns with recent legislative changes in Canada, such as Ontario’s new laws requiring digital tracking of cleaning activities to enhance worker safety. As municipalities, educational institutions, and healthcare facilities embrace digital solutions, WANDA continues to lead the way in modernizing facility management and ensuring compliance with evolving standards.
For more information on WANDA or to schedule a demo, visit www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Announces $450,000 Financing
Edmonton, Alberta – TheNewswire - March 3, 2025 – Visionstate Corp. (TSXV: VIS) ("Visionstate" or the "Company"), a leading provider of Internet of Things (IoT) solutions for facility management, today announced a non-brokered private placement of up to $450,000. The financing will consist of one full unit at $0.025 (two and a half cents) per share, along with a full warrant exercisable at $0.05 (five cents) per share for a term of 36 months upon closing, subject to an acceleration clause.
The price per share is based on the previous closing price of the Company's common shares. The Company intends to issue up to 18 million shares for this financing round. The financing is subject to regulatory approval and customary closing conditions.
Each Unit is comprised of one (1) common share of Visionstate ("Common Share") and one (1) Common Share purchase warrant ("Warrant"), whereby each Warrant entitles the holder to purchase one (1) additional Common Share at a price of $0.05 per Common Share for a period of five (5) years following the date of closing, subject to an acceleration clause.
If the closing price of the Common Shares is equal to or exceeds $0.07 per Common Share for greater than twenty (20) consecutive trading days, then the warrant term shall automatically accelerate to a date that is thirty (30) calendar days following the date a press release is issued by the Company announcing the reduced warrant terms, without further notification made by the Company.
In the event of acceleration, the expiry date will be adjusted to thirty (30) days after the date that written notice has been given to the warrant holder or the date Visionstate has issued a press release announcing the exercise of the acceleration right. Thereafter, no further notification will be provided by Visionstate to the subscribers. The securities issued under the Placement are subject to a four-month plus one day hold period from the date of closing.
“As Visionstate continues to advance its technology solutions, this financing will provide essential capital to support our growth initiatives,” said Company CEO John Putters. “We remain committed to financial prudence while enhancing our IoT offerings and expanding our market reach.”
Proceeds from the placement will be allocated towards Visionstate's expansion into the US market for its WANDA solution, where the company recently established an office location in Seattle, Washington. Proceeds will be directed toward increased sales support in that market, and targeted digital advertising efforts. Additionally, funds will be directed toward investment into the Company's AI model for facility management scheduling and shoring up investments to provide diversification of the Company's revenue streams. Visionstate Corp. remains dedicated to delivering innovative technology solutions that drive operational efficiencies and improve customer experiences across various industries.
The issuance of Units to insiders pursuant to the Placement will constitute a “related party transaction” as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Placement will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. In particular, Visionstate has determined that the exemptions set out in paragraphs (a) and (b) in section 5.5 of MI 61-101 are applicable since the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (1)(a) and (b) in section 5.7 of MI 61-101 are applicable in that the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate, the distribution of the securities to the related parties will have a fair market value of not more than $2,500,000 and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company investing in the research and development of promising new technology in the realms of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA smart device extends to hospitals, airports, shopping centres, and other public facilities across North America and beyond. Through a collection of synergistic technologies, Visionstate Corp. continues to innovate, reduce environmental impact, and transform consumer experiences.
For Further Information, please contact:
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Social Media:
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint ventures, and strategic alliances, budgets, costs, and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "is expected," "scheduled," "estimates," "forecasts," "intends," "targets," "aims," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or 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 actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly owned division of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact 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.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
CHF Capital Markets
Kathy Chapman
Email: kc@chfir.com
Tel: 416-868-1079 x 234
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Expands U.S. Presence with New Seattle Office, Provides Update on U.S. Listing
February 24, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) - Visionstate Corp. (TSXV: VIS) is pleased to announce the opening of a new office in Seattle, Washington, marking a significant step in the company's expansion into the U.S. market. This new location will serve as a strategic hub to grow the adoption of Visionstate’s WANDA technology, a data-driven facility management solution that enhances operational efficiency and hygiene compliance.
Seattle, a renowned tech hub, offers a thriving ecosystem of innovation, making it an ideal location for Visionstate’s expansion. Its proximity to Edmonton also provides logistical advantages, allowing for seamless coordination between the company’s headquarters and U.S. operations. By establishing a physical presence in the U.S., Visionstate is reinforcing its commitment to scaling its operations and securing new business opportunities in a key market.
“The U.S. represents a major growth opportunity for Visionstate, and having a dedicated office in Seattle strengthens our ability to engage with customers and partners directly,” said Shannon Moore, President of Visionstate. “Establishing a local presence is a crucial step in expanding the reach of WANDA and ensuring that we can meet the evolving needs of our clients in this market.”
Additionally, Visionstate is providing an update on its U.S. listing efforts. The company remains fully prepared to proceed with the listing but has been closely monitoring market developments to determine the optimal timing for its launch. Management is committed to ensuring that the listing aligns with the best possible market conditions to maximize shareholder value and long-term growth prospects.
“With our expansion into the U.S., we are positioning Visionstate for long-term success and are strategically assessing the right time to move forward with our listing,” added Moore.
Visionstate’s continued focus on innovation and market expansion underscores its commitment to driving the future of smart facility management solutions. The Seattle office represents a key milestone in this journey, enabling the company to further accelerate growth and capitalize on new opportunities in the U.S. market.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Legislative Changes Driving Digital Cleaning Management Adoption: How Visionstate's Wanda Solution Leads the Way
Visionstate Corp. (TSXV: VIS) February 14, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS). The facility management industry is undergoing a significant transformation, driven by advancements in Digital Cleaning Management Software (DCMS). Provinces like Ontario are at the forefront of this change, introducing new legislation that requires cleaning confirmations to enhance worker safety. This shift underscores the critical role of technology in ensuring compliance, efficiency, and accountability in facility maintenance.
The Growing Need for Digital Cleaning Management
With heightened regulatory requirements and an increasing focus on workplace safety, organizations must adopt innovative solutions to keep pace with industry demands. Digital Cleaning Management Software, such as Visionstate’s WANDA, empowers facility managers to streamline cleaning operations, track service completion in real time, and provide verifiable proof of compliance with new health and safety standards.
"The pipeline for sales has grown significantly as more industries recognize the need for digital cleaning management solutions," said Shannon Moore, President of Visionstate IoT Inc. "WANDA was considerably ahead of its time, but we are now seeing the transformation happen as more organizations embrace the technology to improve efficiency and compliance."
Case Study: WANDA at Queen’s University
Queen’s University implemented WANDA to address the challenges of maintaining and documenting cleanliness in its residence facilities. By leveraging WANDA, the university was able to enhance service responsiveness, optimize cleaning schedules, and ensure that cleaning staff adhered to regulatory requirements—all while improving overall efficiency.
Key Benefits of WANDA
1. Service Alerts for Immediate Action
Facility visitors can scan QR codes to report cleaning needs, such as low supplies or spills, which are instantly relayed to the facility manager. This real-time alert system enables prompt corrective action, improving the overall cleanliness and safety of the facility.
2. Digital Scheduling for Operational Efficiency
Traditional cleaning programs often rely on manual tracking, leading to inefficiencies and gaps in accountability. With WANDA, cleaning teams follow a centralized digital schedule, marking tasks as complete in real time. Facility managers gain instant oversight, ensuring all required tasks are performed and documented.
Broad Adoption Across Key Sectors
Visionstate is seeing significant growth in the adoption of WANDA across multiple industries, including education, municipalities, and healthcare. As organizations recognize the benefits of digitized cleaning management, WANDA is becoming an essential tool for ensuring compliance, operational efficiency, and improved facility hygiene.
Adapting to a New Industry Standard
As legislative changes continue to shape the industry, implementing a robust DCMS solution like WANDA is becoming not just an advantage but a necessity. Visionstate is committed to supporting facilities through this transition, providing a comprehensive and customizable solution to meet evolving regulatory and operational needs.
For more information on WANDA or to schedule a demo, contact Visionstate today at www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate's WANDA System Gains Momentum in Municipal Adoption, Enhancing Public Engagement and Cleaning Efficiency
Edmonton, Alberta – TheNewswire - January 27, 2025 – Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a facility management technology company with IoT and AI solutions, Visionstate Corp. (TSXV: VIS) is proud to announce the growing adoption of its innovative WANDA system by municipalities across Canada, including one of the country’s premier tourist destinations. WANDA, a cutting-edge facility management tool, combines advanced task verification, data tracking, and public alert systems to help municipalities improve service delivery and build a better image for their communities.
The most recent deployment will include 10 Time of Flight, battery powered people counters to collect traffic data and set alerts on predefined volumes, including the high traffic public restrooms. WANDA QR codes will also be deployed throughout the municipality, including the recreation centre and high profile tourist information areas.
The WANDA system’s public alert feature empowers residents and visitors alike to report issues by scanning strategically placed QR codes in high-traffic areas. This feedback provides municipalities with actionable insights, such as identifying problem areas and adjusting cleaning and maintenance schedules to better align with demand. Combined with WANDA’s cleaning verification technology, facility managers gain access to real-time data on cleaning activities, enabling more efficient resource allocation and higher service standards.
Shannon Moore, President of Visionstate Corp., highlights the importance of the WANDA system in supporting municipalities’ goals for operational excellence and public engagement: “Adopting WANDA demonstrates a municipality’s commitment to improving public spaces and delivering exceptional service. The decision to integrate WANDA underscores the value of our system in building a clean, safe, and welcoming environment. We’re thrilled to see municipalities using WANDA to enhance their facilities and strengthen their connection with the community.”
Visionstate’s recent deployment of WANDA reflects a growing trend of municipalities leveraging technology to enhance visitor experiences and uphold world-class standards in public facility management. By combining public feedback and cleaning data, the WANDA system helps municipalities streamline operations, reduce costs, and improve the overall perception of their facilities.
Visionstate is seeing a growing pipeline of business opportunities with large, recognizable leaders in their sectors who want to leverage WANDA’s tracking and reporting capabilities to improve efficiencies and increase positive public perception. The pipeline spans multiple industries including education, municipalities, manufacturers, building service contractors and other large public facilities.
For more information about Visionstate Corp. and its innovative WANDA technology, please visit www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Announces New Deals in Canada and the US, Highlights Growing Opportunities in Education Sector
Edmonton, Alberta, January 7, 2025 – TheNewswire - Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a facility management technology company with IoT and AI solutions, is pleased to announce three significant new agreements for its innovative WANDA technology, marking continued growth in both Canadian and US markets. These deals include three partnerships in Canada—two with prominent building service contractors and one with a childcare facility located on a First Nations community—and one in the United States with a private school in Virginia.
The partnerships with the Canadian building service contractors are particularly notable, as these companies typically manage an extensive portfolio of clients, effectively acting as resellers of the WANDA solution. These agreements represent a significant opportunity to scale WANDA's reach across a broad network of facilities.
The agreement with the First Nations childcare facility highlights WANDA's versatility and its ability to support essential community services by improving cleaning standards and operational efficiency.
In the United States, Visionstate's deal with a Virginia-based private school underscores the increasing relevance of WANDA technology in the education sector. The school plans to use WANDA to streamline the monitoring of setup and cleaning processes for special events, with significant potential for expansion throughout its school division.
In November, Visionstate participated in the annual ISSA Show in Las Vegas, where the company conducted approximately 40 demonstrations of the WANDA software over three days. These demos have generated multiple promising opportunities, and Visionstate is actively following up on these leads. In particular, the company sees significant potential in applying WANDA's capabilities to equipment monitoring—tracking performance and maintenance in much the same way it currently monitors cleaning tasks.
As disease outbreaks become more prevalent, Visionstate is also witnessing increased interest from educational institutions in adopting proactive monitoring solutions like WANDA to maintain safer and cleaner environments.
“We are incredibly excited about the momentum we are building as we head into 2025,” said Shannon Moore, President of Visionstate. “These new deals in Canada and the US, combined with the interest generated at the ISSA Show, set the stage for significant growth. We are confident that WANDA's versatility—whether in cleaning, event management, or equipment monitoring—will continue to drive adoption across multiple sectors.”
Visionstate remains focused on expanding its market presence and developing strategic partnerships to maximize the potential of WANDA technology across industries.
For more information, please visit: www.visionstate.com
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Showcases Wanda at ISSA Show North America in Las Vegas This Week
Edmonton, Alberta – TheNewswire - November 18, 2024 – Visionstate Corp. (TSXV: VIS) is excited to announce its presence at the ISSA Show North America, taking place this week from November 19 to 21 at the Mandalay Bay Convention Center in Las Vegas. Attendees can visit Visionstate at Booth 559 to explore its innovative Wanda platform and learn more about its cutting-edge solutions for the cleaning and facility management industry.
The ISSA Show North America is the premier event for the global cleaning and facility services industry, renowned for fostering education, innovation, and collaboration. Visionstate is proud to join industry leaders in showcasing advancements that are driving the industry forward.
At the event, Visionstate is demonstrating the full capabilities of Wanda, its flagship platform that tracks cleaning and maintenance tasks to improve safety and operational efficiency in public spaces. The company is also offering live demonstrations of Wanda’s integration with IoT hardware, including people counters, environmental sensors, and supply monitoring devices.
Visionstate is further highlighting exciting new features for Wanda, set to launch in Q1 2025, including:
Equipment Monitoring and Tracking: Real-time insights into equipment performance and maintenance.
Enhanced Auditing and Inspections: Tools for improved compliance and operational reporting.
The company has already scheduled sales meetings during the show and welcomes all attendees to its booth to explore potential partnerships. Visionstate is particularly focused on expanding its distribution network in the US market to bring Wanda’s capabilities to a broader audience.
"We're thrilled to be part of the ISSA Show this week," said Shannon Moore, President of Visionstate IoT Inc. "This event is the perfect platform to connect with industry leaders, showcase Wanda's transformative capabilities, and demonstrate the IoT hardware that enhances its functionality."
Visionstate invites all ISSA attendees to stop by Booth 559 for hands-on demonstrations and to discuss opportunities to collaborate.
For more information about Visionstate and the Wanda platform, visit www.visionstate.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, 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
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Instagram: corpvisionstate
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Enoch Cree Nation and Sol Spaces Inc. Forge Transformative Partnership to Cultivate Sustainable Food Security
EDMONTON, Alberta, October 10, 2024 — TheNewswire – Visionstate Corp. Is pleased to announce its portfolio company, Sol Spaces Inc., an innovator in sustainable greenhouse technology, has entered into a partnership with Enoch Cree Nation, a resilient First Nations community located in Treaty No. 6 territory. Together, they are embarking on a transformative mission that goes beyond business—a shared vision to ensure access to a vital resource: food.
At the core of this partnership is the development of a cutting-edge, 1,200-square-foot greenhouse that will utilize advanced technology and eco-friendly design. This initiative aims to foster food sovereignty while promoting sustainability and innovation within the community.
The greenhouse, constructed using Structured Insulated Panels (SIPs), offers both energy efficiency and superior insulation, ensuring the internal environment remains stable year-round. SIPs not only reduce energy consumption but also significantly lower the carbon footprint of the greenhouse. By using these materials, Sol Spaces is setting a new standard in environmentally conscious design.
In addition to SIPs, the greenhouse will be equipped with smart sensors integrated into the Internet of Things (IoT) ecosystem. These sensors will continuously monitor essential environmental conditions such as temperature and humidity, transmitting real-time data to optimize crop production. Heat pumps will ensure consistent temperatures during extreme weather, enhancing the greenhouse's ability to produce year-round.
Enoch Cree Nation, known as Maskêkosihk in Cree, is a community with deep cultural roots and a strong connection to the land. With over 2,566 band members, they are dedicated to preserving their traditions while fostering resilience and community well-being.
“Access to affordable, healthy food is a challenge we all face,” said Elliott Putters, President of Sol Spaces Inc. “This partnership isn’t just about building greenhouses—it’s about empowering communities and building resilience for future generations.”
Construction on the greenhouse began in spring 2024, with operations expected to be fully underway by Fall. This initiative represents a commitment to creating lasting change—together, Sol Spaces and Enoch Cree Nation are sowing the seeds of hope for a future where food security is within reach for all.
About Enoch Cree Nation
Enoch Cree Nation, known as Maskêkosihk in Cree, is a resilient First Nations community located in Treaty No. 6 territory, just west of and adjacent to the City of Edmonton, Alberta, Canada. Our ancestral connection to the land runs deep, and we strive to be stewards of Okimaw askiy (Mother Earth). We actively seek to preserve and promote our culture, language, history, and spirituality while advancing our economic, education, health, and social well-being.
About Sol Spaces
At Sol Spaces, we are on a mission to redefine the way society views modern living and growing spaces. Our focus is on sustainability, self-sufficiency, and harnessing the natural energy of our environment.
Join us in this transformative journey toward a greener, more resilient future. Welcome to Sol Spaces, where innovative living meets environmental consciousness.
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things (IoT), big data, and analytics, and sustainability. Through its portfolio companies, Visionstate is committed to the development and commercialization of innovative solutions that enhance operational efficiency, sustainability, and customer experience across multiple sectors.
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
Visionstate Ramps Up Expansion Plans
Edmonton, Alberta – October 9, 2024 – TheNewswire – Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), is pleased to announce several key developments that position the company for growth and further innovation. These updates reflect Visionstate's commitment to expanding its market presence, enhancing its product offerings, and maintaining its leadership in the facility management sector. From increasing U.S. market penetration to significant advancements in product functionality, the company is excited to share its progress in the following areas.
US Expansion
Visionstate IoT Inc. is ramping up its marketing efforts in the United States to introduce the WANDA task management software to U.S.-based companies. Visionstate IoT has already established a foothold in the U.S. market with several large customers and aims to leverage this success to further penetrate the market. As part of this initiative, Visionstate will be participating as an exhibitor at the annual ISSA Cleaning Show, held in Las Vegas from November 19-21. To maximize the effectiveness of this presence, the company has launched an aggressive lead generation campaign in collaboration with U.S. partners. The goal is to arrange meetings during the show to demonstrate how WANDA can enhance operational efficiency and help prevent the spread of diseases.
Additionally, the company has begun the process of seeking a listing on the OTC markets to expand its investor base in the U.S.
"We are thrilled about the opportunity to significantly expand our presence in the U.S.," said Shannon Moore, President of Visionstate Corp. "The market is vast, and we believe our innovative WANDA software will provide the operational solutions that facility managers need to improve their workflow and enhance safety."
Deployments
Visionstate is pleased to report an expansion in its deployments, particularly in educational institutions. With a proven history of successful installations, WANDA has become a preferred task management solution for educational facility managers across Canada. New installations are scheduled in large manufacturing facilities, municipal operations, and additional educational institutions. These deployments will significantly grow Visionstate's customer base as WANDA is adopted by more organizations seeking streamlined task management and operational efficiency.
Innovation
Visionstate has undertaken a significant development project to expand WANDA’s capabilities. This project will add robust inspection and auditing features, further enhancing its value to facility management professionals. At the same time, Visionstate is developing new Artificial Intelligence (AI) technologies that will improve scheduling and routing activities, introducing major efficiency gains for customers. These advancements are happening concurrently with the app development and will introduce a suite of new features, including auditing, inspections, and complex scheduling tools.
"Our commitment to innovation is what sets Visionstate apart," Moore added. "The AI technology we’re developing will be a game-changer in terms of how facilities are managed, driving greater efficiencies and offering unparalleled solutions to our customers."
About Visionstate Corp.
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things (IoT), big data, and analytics, and sustainability. Through its portfolio companies, Visionstate is committed to the development and commercialization of innovative solutions that enhance operational efficiency, sustainability, and customer experience across multiple sectors.
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: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Visionstate Corp. Announces Closing of Fully Subscribed Financing
Edmonton, Alberta - TheNewswire - September 26, 2024 – Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a provider of smart facility management technology, is pleased to announce its has received final acceptance by the TSX Venture Exchange for the closing of its previously announced non-brokered private placement of $600,000 which was fully subscribed.
The Company will issue 24,000,000 units of the Company (“Units”) at a price of $0.025 per Unit for gross proceeds of $600,000 as previously announced on August 29, 2024. Each Unit is comprised of one (1) common share of Visionstate (“Common Share”) and one (1) Common Share purchase warrant (“Warrant”) whereby each Warrant entitles the holder to purchase one (1) additional Common Share at a price of $0.05 per Common Share for a period of five (5) years following the date of closing.
If the closing price of the Common Shares is equal to or exceeds $0.07 per Common Share for greater than twenty (20) consecutive trading days, then the warrant term shall automatically accelerate to a date that is thirty (30) calendar days following the date a press release is issued by the Company announcing the reduced warrant terms, without any further notification to be made by the Company.
The issuance of Units to insiders pursuant to the Offering will constitute a “related party transaction” as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. In particular, Visionstate has determined that the exemptions set out in paragraphs (a) and (b) in section 5.5 of MI 61-101 are applicable since the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.
In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (1)(a) and (b) in section 5.7 of MI 61-101 are applicable in that the aggregate consideration to be paid by the related parties will not exceed 25% of the market capitalization of Visionstate, the distribution of the securities to the related parties will have a fair market value of not more than $2,500,000 and Visionstate is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange.
The net proceeds from the sale of units will be primarily allocated towards the development and commercialization of new products designed to enhance the Company's IoT solutions and expand its market reach. Visionstate remains committed to delivering IoT technology solutions that drive operational efficiencies and improve customer experiences across various industries.
Pursuant to applicable Canadian securities laws, the Common Shares and Warrants comprising the Units are subject to a four-month plus one day hold period from the time of closing.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences.
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
To learn more, please contact:
Visionstate Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460
CHF Capital Markets
Kathy Chapman
Email: kc@chfir.com
Tel: 416-868-1079 x 234
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
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 may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or 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 or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.