• Visionstate

Visionstate Introduces Technology Upgrades to Its WANDATM IoT Solution

Updated: Jul 15

Edmonton, Alberta, June 24, 2021 - Visionstate Corp. (TSX-V: VIS) (“Visionstate” or the “Company”), a company that develops and invests in the research and development of promising new technology within the realms of the Internet of Things (IoT), big data and analytics, and sustainability, is pleased to announce significant new enhancements to its WANDATM Internet of Things solution.

The new technological capabilities include:

  • a QR Code feature that can be scanned by customers for feedback and can be used by cleaning staff for proof of location and to record activities on WandaMOBILE;

  • an auto-supply replenishment system to provide for just-in-time inventory capabilities, enabling WANDATM e-commerce function;

  • an overhaul to the analytics reporting that will provide more insights into cleaning efficiency and predictive measures.

Through the introduction of the new QR Code feature, WANDATM’s footprint will be effectively expanded to best reflect the new normal that has resulted from the COVID-19 pandemic. Given the nature of the pandemic resulting in customers’ reluctance to interact with WANDATM touchscreen units to input their feedback, Visionstate has implemented a QR Code system to provide for increased interaction through the comfort of smartphone devices. Additional new features also allow staff to scan the QR code and create an audit trail of their presence as well as use WandaMOBILE to record their activities and supply usage, among other critical information used to measure performance and efficiency.


Another value-add in the implementation of this new feature is to make the WANDATM solution less restroom-centric, with virtually no limitations on where QR codes can be incorporated. The QR code-driven WANDA™ is quick to deploy, with no physical hardware required, and can be disbursed throughout large public facilities in a matter of days.


In more exciting news on the technology development front, Visionstate is working with a global partner to enable automatic supply replenishment through the WANDATM solution. Through a cohesive effort, Visionstate aims to integrate a backend ordering system to provide for just-in-time inventory capabilities. Given the existing WANDATM processes that track inventory and supply usage, this welcome addition will allow customers to access the WANDATM portal to order directly from its global partner.


Given the importance of analytics as a tool to assess efficiency and gain insights into operations, Visionstate will be ramping up its analytics reporting to provide facility managers with more detailed insights into their cleaning efficiency. The objective behind the analytics overhaul is to enhance the derivation of predictive analytics on supplies and maintenance, using highly accurate people-counting sensors. The new analytics platform’s ability to predict supply shortages and maintenance issues based on foot traffic removes the need to have sensor-enabled devices inside the public facilities.


"Visionstate has always been dedicated to continuous development on all fronts - as the world changes, so do we. Our tech team, in conjunction with our partners, has been working on several advancements over the past year which are now seeing light and are very much appreciated by our customers and their customers accordingly. We will keep working on improving the existing suite of solutions and adding on to it as we go," said John Putters, CEO of Visionstate Corp.


About Visionstate Corp.

Visionstate Corp. (TSXV: VIS) is a growth-oriented company that develops, and invests in the research and development of, promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate 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. Visit the website to learn more: https://www.visionstate.com/


Issued on behalf of the Board of Directors

“John A. Putters”

Visionstate Corp.


CAUTIONARY STATEMENT


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press 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.

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