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Visionstate Corp. (VIS.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.04500.0000 (0.00%)
At close: 1:52PM EDT
Full screen
Previous Close0.0450
Open0.0450
Bid0.0450 x 0
Ask0.0500 x 0
Day's Range0.0450 - 0.0450
52 Week Range0.0200 - 0.1200
Volume1,000
Avg. Volume28,987
Market Cap2.371M
Beta (5Y Monthly)-2.98
PE Ratio (TTM)N/A
EPS (TTM)-0.0720
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 17, 2000
1y Target EstN/A
  • GlobeNewswire

    Visionstate Launches New Tech in Wake of COVID-19

    EDMONTON, Alberta, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce significant technology initiatives undertaken as a result of the continued threat posed by COVID-19. The new features enhance the Company’s current suite of products, branded under the name Wanda, which are designed to improve cleaning practices through the use of Internet of Things (IoT) technology. Leveraging Visionstate’s use of sensors, which deliver data to Wanda tablets mounted outside restrooms, the Company is developing software to measure occupancy levels in public facilities. With the new feature in place, Wanda, using people counting sensors, can display whether or not a defined area, such as restrooms, has met its maximum occupancy level or not.“With social distancing becoming the norm, people are more aware of the crowd environment, and knowing whether a facility or area of a building has reached capacity is important to both them and public health in general,” explained Visionstate CEO John Putters.The new occupancy feature seamlessly integrates with existing Wanda solutions, utilizing the tablet itself for the information display as well as 3D people counting sensors that track traffic in and out of defined areas. Patrons are then provided with messaging on the Wanda tablet to indicate whether or not it’s safe to proceed. “Visionstate is responding to what the market demands as it pertains to containing COVID-19,” Putters continued. “In the past six months the Company has responded by launching a mobile app to track cleaning compliance, and IoT buttons that can be deployed quickly for cleaning alerts, and require no existing infrastructure.”For its mobile app, Visionstate developed custom forms that enable building operators to track compliance in their cleaning protocols. As protocols become more detailed, tracking anything from door knobs to meat slicers, antiquated paper-based methods of ensuring compliance will no longer work.“The fact is, because you are dealing with people’s health and in some cases their lives, it’s extremely important to have a digital audit trail for cleaning compliance in case of a lawsuit, which is already happening,” Putters said. “Our technology is a very affordable solution in light of the alternative.”Visionstate is also focussing on interaction with the Wanda screen itself. Although protected by an antimicrobial overlay, people are becoming more reluctant to interact with a touchscreen to provide feedback. Visionstate has responded by developing a feature that enables patrons to scan a code and provide feedback from their mobile phones.Additionally, the Company is working on further integration with third party sensors to enhance its analytics platform. This positions Wanda as a hub of all smart data emanating from restrooms or other areas in public facilities.“The potential for detailed analytics is significant,” Putters explained. “For example, if we are tracking foot traffic in and out of a restrooms, while at the same time measuring hand pumps with the soap dispenser, analytics can calculate the average number of people actually washing their hands. For facilities like hospitals, this is extremely important information.”   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.Visionstate Corp.                                                                                        Website: www.visionstate.com John Putters, CEOTwitter: @visionstate (780) 425-9460Facebook: @visionstate jputters@visionstate.com                                                                              LinkedIn:@VisionstateCorp.

  • GlobeNewswire

    Visionstate begins phase 2 of app roll out, announces new sales

    EDMONTON, Alberta, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce it has commenced phase 2 roll out of its Wanda mobile app to locations across Canada. The app, which tracks cleaning compliance, resource use and other cleaning-related activities, will be deployed to an additional 20 warehouse locations in September 2020. The Company also reports it has secured a pilot project for its Wanda solution at a global pharmaceutical company which is using the technology to track cleaning in its test lab environments. The Company has also commenced a pilot project with one of the largest universities in Canada. Additionally, existing customers of Visionstate have ordered more product, including the Wanda device, Wanda QuickTouch, and the mobile app.“The interest in the Wanda solution has grown dramatically as our communities enter into re-opening stages of their economies and facilities,” explained Visionstate CEO John Putters. “Antiquated paper-based methods of tracking cleaning compliance are no longer acceptable, and IoT solutions like Wanda are becoming the standard.”The new sales will add to the Company’s bottomline as it builds its residual income from the Wanda solution, which is based on a software as a service model. Each additional sale of licenses adds to the monthly recurring revenue.The Wanda suite of products include physical tablets located at the entrance to public restrooms that collects data on cleaning, supplies and maintenance to ensure cleaning protocols are being met. Recently the company also launched WandaMOBILE which can track cleaning and compliance in every part of a building. Wireless, battery operated IoT buttons, called Wanda QuickTouch are also being used to track alerts and responses to critical cleaning issues.“Our products are essential to properly tracking cleaning compliance,” explained Putters. “As facilities begin to re-open, they must ensure they are meeting new standards, and our technology helps them track that performance, especially if reporting to health authorities is mandated.”WandaMOBILE is a cost-effective method of tracking compliance and can be deployed within days. The mobile app, which can run on any smart device, provides facility managers the ability to create custom compliance reports that can then be tracked in real time through analytics.The Company’s sales strategy is to build its compliment of mobile licenses to increase the recurring revenue generated through the software as a service model.“WandaMOBILE is an extremely affordable solution to helping to protect people’s health and present a positive, proactive image,” Putters explains. “Consumers, visitors, patrons, will all expect an enhanced approach to cleaning, and WandaMOBILE ensures that is the case.”The Company is currently targeting franchises in hospitality, school districts, and other large, recognizable locations for its technology. The Company is doing this through key word advertising, direct sales and webinars.“Cleaning compliance is no longer an after thought, or something to take for granted,” Putters explains. “COVID-19 has fundamentally changed the way we view facilities, and the public’s expectation is that these facilities take cleaning seriously and demonstrate proactivity.”    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.Visionstate Corp.                                                                                       Website: www.visionstate.com John Putters, CEOTwitter: @visionstate (780) 425-9460Facebook: @visionstate jputters@visionstate.com                                                                              LinkedIn:@VisionstateCorp.

  • CNW Group

    C-Suite At The Open: John Putters, President & CEO from Visionstate Corp. tells his Company story. Filmed June 2020.

    TORONTO , July 2, 2020 /CNW/ -   https://www.youtube.com/watch?v=NvzshP5hRmY The C-Suite At the Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange ...