Visionstate Corp. (TSXV: VIS) (“Visionstate”
or the “Company”) is pleased to announce that Bunzl Canada
(bunzlcanada.ca) will be showcasing its exclusive IoT Cleaning
Platform, WandaNEXT™, on June 8 and 9, 2022 at ISSA Canada, the
country’s premier showcase for cleaning and hygiene products,
services, and technology. This unique trade show and conference
creates a forum for insights on best practices, industry
certifications, training and educational programming, and relevant
and emerging topics within the Canadian facility and cleaning
markets.
“We are very excited to showcase WandaNEXT™ at
ISSA this year,” said Margo Hunnisett, Vice President of Marketing
and Communications at Bunzl Canada. “The platform continues to
evolve, thanks to the active participation of many of our customers
across Canada. The result is an industry-leading product that is,
quite literally, designed for and by customers who view
state-of-the art facility cleaning and hygiene as critical to their
key stakeholders, and to their businesses.”
WandaNEXT™ enables healthcare, education,
assisted living, and commercial facilities to track and verify
cleaning activities, validate quality through regularly scheduled
audits, and alert cleaning teams to service requirements (such as
discharge cleaning routines). It also facilitates schedule
optimization, activity management, consumption tracking, end-user
feedback, and administrative reporting.
Visionstate IoT, original developer of the
platform, continues to work in partnership with Bunzl Canada to
develop new system features and functionality. The partners are
about to launch a new pilot project that integrates surface
diagnostics using ATP testing technology.
“We are extremely proud to have WandaNEXT™
featured at ISSA,” said Visionstate CEO, John Putters. “This
provides us an opportunity to demonstrate to the industry the value
of the platform as an essential tool to improve cleaning quality
and help prevent the outbreak of disease.”
WandaNEXT™ can be purchased through an annual
subscription fee for each activation of the mobile application
which has unlimited scalability and is applicable to diverse
industry sectors. It has a growing installation base that includes
healthcare, education, retail, commercial office, conference,
airport, and distribution facilities across Canada, the United
States, the United Kingdom and Europe.
The WandaNEXT™ platform will be featured
exclusively at booth #607 at the show. Its capabilities are
applicable to all areas of a facility but will be demonstrated with
an initial rollout in the restrooms at the Metro Convention Centre
during the event.
About WANDA™
Designed to track cleaning and maintenance
activities, the mobile version of WANDA™ has unlimited
scalability and is applicable to diverse industry sectors,
including hospitals, airports, shopping centres, community
recreational facilities, schools and universities, senior’s care
facilities, and even large municipalities. The mobile app is also
quick to deploy and is based on a subscription model to eliminate
upfront costs.
Visionstate charges a monthly or annual
subscription fee for each activation of the mobile application and
measures success based on the rate of customer acquisition, which
is a standard measure of performance for technology companies that
are based on the Software as a Service (SaaS) model. Customer
acquisition increases residual income throughout the 36-month term
of each contract and carries a high margin on sales.
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.
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 Markets |
Website: www.visionstate.com |
John Putters, CEO |
Perry Rapagna |
Twitter: @visionstate |
(780) 425-9460 |
(416) 868-1079 x 230 |
Facebook: @visionstate |
jputters@visionstate.com |
perry@chfir.com |
LinkedIn: @VisionstateCorp. |
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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
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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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