VANCOUVER, Dec. 6, 2018 /CNW/ - HealthSpace Data Systems
Ltd. ("HealthSpace") (CSE:HS) (Frankfurt:38H) (OTC:HDSLF) and
Visionstate Corp. (TSX-V: VIS) ("Visionstate") (collectively, the
"Companies") have entered into a non-binding Letter of Intent
("LOI") to utilize HealthSpace's current suite of mobile audit
applications and extend them for use within the facilities
management space.
Visionstate's product suite includes Internet of Things ("IoT")
devices that help track cleaning, maintenance and supply
utilization. Its WANDA device is installed in both public and
private facilities such as hospitals, airports, shopping centres,
arenas and office buildings. HealthSpace's HSCloud and HSTouch
products are easy-to-use cloud and mobile solutions geared toward
audit and compliance. These solutions are utilized by government
agencies across North America to
help them more efficiently regulate private businesses. The LOI
allows for the Companies to further explore how HealthSpace's
product suite, combined with Visionstate's IoT solutions, create a
powerful and compelling solution capable of being deployed across a
vast industry.
The intent is to deliver a product capable of handling both
automated and manual data collection points. The Companies will
work together to resell the combined solution through Visionstate's
global distribution network. Both Visionstate and HealthSpace will
be able to utilize the reach of an international, multibillion
dollar company within the network to resell the solution rapidly
and aggressively.
John Putters, CEO of Visionstate, commented "We have found great
success with our distribution partners in offering our IoT
solutions. One of the key elements consistently requested beyond
IoT is mobile audit applications. HealthSpace's current solutions
are close fit for what these distributors and others are looking
for in a mobile solution."
HealthSpace CEO, Silas Garrison
noted "This LOI with Visionstate gives us great opportunity to
extend our software's reach into verticals that would otherwise be
difficult for us to do so on our own. Our robust mobile and
cloud solutions are being utilized by government agencies and
private audit companies all across North America. We believe
one possible evolution for our technology is helping those
responsible for the health and safety of facilities by providing
them a more accurate and timely picture of what is happening in
their facilities."
HealthSpace Data Systems Ltd.
HealthSpace is an industry leading technology company currently
providing inspection, information, communication and data
management systems for federal, state, county and municipal
governments. Over the last decade, HealthSpace has successfully
developed both enterprise and mobile internet-based applications
currently serving over 300 state and local government organizations
across North America. HealthSpace
currently offers the only integrated inspection, administration and
analytics product suite across all platforms in North America. Further, HealthSpace now
delivers its government grade technologies to private businesses
enabling them to gain visibility and predictability into their own
organizations and move from a reactive to a proactive operational
status. HealthSpace continues to deliver focused service and
innovative solutions to government organizations, while expanding
into commercial enterprise verticals to enable new customers with
proactive environmental health best practices and policies.
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 Everything, big data and analytics,
and sustainability. Through Visionstate IoT, 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 North
America. Through building up a collection of synergistic
technologies, Visionstate Corp. will continue to innovate, reduce
environmental impact and transform consumer experiences.
Forward-Looking Statements
This release may contain forward-looking statements.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or
"should" occur. Although HealthSpace believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in forward looking statements. HealthSpace expressly
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise.
SOURCE HealthSpace Data