December 14, 2022 (Source) – Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”) is pleased to announce its wholly owned subsidiary Visionstate IoT Inc. has successfully deployed its proprietary WANDA™ technology to two new locations amid rising cases of the flu virus across Canada.
The two new locations include senior’s facilities in Calgary, Alberta and a Class “A” office tower in downtown Vancouver, BC. Visionstate IoT is also gearing up for its first installation in the hospitality sector, planned for January 2023, in a high-end hotel located in the heart of Banff, Alberta.
The installations of WANDA™ come as health care in Canada comes under increasing pressure from particularly virulent strains of the flu virus, and the continued persistence of COVID. Visionstate IoT’s proprietary WANDA™ technology is the first line of defence in reducing the incidents of disease spread by providing technology designed to track and monitor front line cleaning practices in public facilities.
“The continued demand for WANDA™ is a result of a general transformation in the facility management sector toward new technology that can effectively track and monitor cleaning practices in any environment,” explained Visionstate IoT President Shannon Moore. “The antiquated paper-based method of tracking these activities no longer measure up when considering the threat posed by viral outbreaks.”
Health care officials across Canada and North America have expressed concern about the threat caused by the transmission of disease during this year’s flu season. In many cases, hospitals are already at capacity and schools are witnessing unprecedented absences due to the virulent nature of the flu.
“WANDA™ is an easily deployed and affordable mobile app that brings accountability to a new level,” said Moore. “With compliance reporting and detailed analytics, facility managers can have confidence their staff is meeting or exceeding new cleaning protocols that have been introduced since the first outbreak of COVID-19.”
Currently WANDA™ is installed in hospitals, airports, senior’s care facilities, recreational centres, shopping centres, municipalities and Class “A” office towers across Canada and the US. The WandaMOBILE app can track cleaning and maintenance in multiple zones and areas inside and outside of buildings and provides detailed analytics on performance.
Visionstate’s WANDA™ is marketed globally and generates revenue through a software-as-a-service model. Each new client builds recurring revenues where the margin is approximately 90%.
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”
To learn more, please contact:
Visionstate IoT Inc.
Shannon Moore, President
CHF Capital Markets
Perry Rapagna, Manager, Corporate Development & Senior Account Manager
Tel: 416-868-1079 x230
LinkedIn: Visionstate Corp.
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