Visionstate Expands WANDA Sales into New Industry Verticals

Edmonton, Alberta, CANADA

EDMONTON, Alberta, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate” or ‘the Company”) is pleased to announce updates on the Company’s sales activities for its main operating division Visionstate IoT Inc., an Internet of Things (IoT) company specializing in solutions for the facility management industry.

During the month of September 2019, the Company received orders for its WANDA product in new verticals, while existing customers continued to order additional units. WANDA, an IoT device designed to measure efficient restroom cleaning and customer satisfaction, was introduced to its first municipality last month. The 15-inch device, which collects data from sensors, customer alerts and staff cleaning activities, will be installed in large multiuse recreational centres located within the municipality.

“The introduction of WANDA to our first major municipality is a key milestone for Visionstate,” said CEO John Putters. “WANDA lends well to the continued growth of smart cities, and therefore opens an entirely new sales vertical for the Company.”

In the month of September, Visionstate also received orders from its first power authority located in the US. The installation will occur at their head office in November and represents another new vertical for the Company.

The diverse install base demonstrates the widening appeal for WANDA as more and more facility managers look to IoT solutions to make their work more efficient. WANDA acts as a hub for key cleaning, maintenance and customer satisfaction information that is summarized in an analytics dashboard. It measures traffic, supplies, cleaning activities and provides customers with the ability to issue alerts.

Existing customers, including a Canadian hospital and a large shopping centre in Eastern Canada, purchased additional WANDA units during the month of September.

“We are extremely pleased to see existing customers order additional units,” explained Putters. “It demonstrates the value of our product and the growing interest in IoT solutions. Once you switch to WANDA that provides accountability, efficiency, inventory tracking and real-time alerts, there is no way back to the traditional paper-based reporting. ”

Industry experts predict substantial investments into IoT solutions in upcoming years based on the value of the analytics it produces. Facility managers use that data to identify inefficiencies in operations, and can better respond to customer demands.

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, 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.

Issued on behalf of the Board of Directors
“John A. Putters”
Visionstate Corp.

To learn more, please contact:
Visionstate Corp. CHF Capital MarketsWebsite:
John Putters, CEOCathy Hume, CEOTwitter: @visionstate
(780) 425-9460(416) 868-1079 x 231Facebook: @visionstate cathy@chfir.comLinkedIn:@VisionstateCorp.