Visionstate’s WandaMOBILE is Securing Large Scale Customers, From Municipal Ashtrays to Cannabis Grow Rooms, WANDA™ Tracking Capabilities Expand Exponentially to Meet Market Demand
21 January 2022 - 12:00AM
Visionstate Corp. (TSXV: VIS) (“Visionstate”
or the “Company”) Since the launch of Visionstate’s WandaMOBILE
application in 2021, the potential applications for the technology
have grown dramatically and has opened opportunities for the
Company to track the cleaning of virtually any location, from
municipal ashtrays to cannabis grow rooms.
Visionstate is currently engaged in a pilot
project with a Canadian capital city to track publicly accessible
ashtrays in high-traffic locations. In total, the municipality is
tracking 40 different locations using WandaMOBILE with the
potential to track up to 14,000, including bus shelters, recreation
centres, and other city-owned facilities that require scheduled
cleanings and maintenance.
“This pilot project demonstrates the versatility
and scalability of WandaMOBILE,” explained Visionstate CEO John
Putters. “Whereas at one time our technology was restroom-centric,
today we can track virtually anything that requires regular
cleaning and maintenance, including public ashtrays and cannabis
grow rooms.”
WandaMOBILE is a mobile app that tracks cleaning
activities, supply replenishment and provides detailed analytics on
cleaning performance and more importantly, it gives management
information on whether new protocols introduced as a result of
COVID-19 are actually being met.
“WandaMOBILE is an essential tool for frontline
workers to track their cleaning activities and whether or not they
have met the new standards introduced as a result of the global
pandemic,” Putters explained. “For facility managers, it’s a very
easy but, more importantly, affordable tool to implement, and
provides detailed data and analytics to measure performance.”
The opportunity for Visionstate technology to be
adopted by municipalities is substantial. In Canada alone there are
3,700 municipalities, each of which can track the cleaning of
thousands of different locations or physical assets. In the US
there is an estimated 89,000 municipalities facing the same
challenges.
A market share of just ten (10) percent of this
market represents thousands of activations for the Company’s mobile
application. Visionstate’s business model is based on software as a
service (SaaS), not only making the app affordable, but
significantly building the Company’s residual income as it acquires
additional customers. The SaaS model earns Visionstate monthly
residuals on a scaled basis from $24.95 per month to $14.95 per
month for a 36-month term depending on the number of activations.
For municipalities, the potential number of activations is over
300,000 across North America that readily translates to millions of
dollars of potential revenue.
Visionstate also completed a project to track
the cleaning of cannabis grow rooms for a leading producer and
packager in Canada, a process that is mandated by federal
government regulations. The implementation of the app in this
sector significantly reduces paperwork while providing managers
with detailed analytics to ensure regulations are being met.
“The implementation of WandaMOBILE for the
cannabis sector proves the versatility of our technology and
creates another opportunity for WANDA™,” Putters
added.
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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