(TheNewswire)
Company President to host virtual information session on corporate plans
Edmonton, Alberta – TheNewswire - January 11, 2023 – Visionstate Corp. (TSXV:VIS)Visionstate (the “Company”) is pleased to announce its upcoming investor meeting to discuss the Company’s corporate plans for 2023. The virtual investor meeting will be held at 4:00 pm EST on Thursday, January 12. Please join us for this presentation which will be followed by a Q&A session. The meeting link is as follows:
https://zoom.us/j/99181039071?pwd=aTRVc3JBTUZHeEowRmgrNGFjN210UT09
Among the topics of discussion is the strategic plan for the Company in the coming year. Effective December 2022, Visionstate IoT Inc., wholly-owned division of Visionstate Corp., has a new President in place, Shannon Moore, who brings a strong background in operations and sales growth. She will be discussing her plans for the coming year on this call.
Effective February 1, 2023 the Company is introducing several changes to its operating model, including a planned rate increase for its WANDA™ software licenses to bring the price in line with other efficiency-based apps. The increase is expected to triple the revenue for 2023 and beyond.
Visionstate has built a solid foundation of subscriptions for its WANDA™ technology in Canada and plans for 2023 include bringing that level of success to other key markets in the world. Shannon Moore, President of the Company’s IoT WANDA™ division will be detailing rollout plans for 2023 at the investor meeting.
“I would like to extend the invitation to all Visionstate shareholders and others who may be interested in what this exciting software platform can deliver,” explained Moore. “Our client list is growing quickly, and we are adding new, large companies to it, which we would like to share with our stakeholders.”
WANDA™ has proven to be an extremely valuable tool in tracking cleaning and maintenance activities in diverse environments including hospitals, shopping centres, airports, Class A office buildings, municipalities, and others. The technology is quickly replacing legacy paper-based processes for tracking activities related to facility management.
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.
Shannon Moore, President
Email: shannon@visionstate.com
Tel: 780-425-9460
CHF Capital Markets
Perry Rapagna, Manager, Corporate Development & Senior Account Manager
Email: perry@chfir.com
Tel: 416-868-1079 x230
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.