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PRESS RELEASE
By: NewMediaWire
March 10, 2025

Curated TLDR

Visionstate Provides Strategic, Technology Update, Including New AI Model

EDMONTON, ALBERTA - March 10, 2025 (NEWMEDIAWIRE) - Visionstate Corp. (TSXV: VIS) is pleased to provide an update on the technological advancements and strategic initiatives concerning its WANDA product, an application designed to enhance operational efficiencies in facility management.

Launch of Standalone Inspections Application

In early Q3 of the current fiscal year, Visionstate will introduce a new inspections application aimed at streamlining the auditing process for facility managers assessing cleaning quality. This standalone application seamlessly integrates with WANDA, offering a comprehensive end-to-end solution. By digitizing existing processes, it facilitates enterprise-scale reporting and analytics, representing a new revenue stream for the company.

Advancements in Artificial Intelligence

Visionstate continues its collaboration with the Alberta Machine Intelligence Institute (Amii) to develop an AI model that intelligently designs cleaning schedules and optimizes routing. This innovation addresses the complexity and time-consuming nature of facility operations, leveraging AI to enhance efficiency. The company anticipates completing the model in Q4 2025, introducing another standalone product and revenue stream.

The prestige of Amii is underscored by the recent accolade awarded to one of its scientific advisors, Richard Sutton, who received the 2024 A.M. Turing Award—often referred to as the "Nobel Prize in computing" - for his foundational work in reinforcement learning.

Shannon Moore, President of Visionstate, commented on the AI initiative: "This development is transformational for facility management. By harnessing the power of AI, we're turning complex tasks into optimized processes, setting a new standard in the industry."

Compliance with Ontario's Cleaning Verification Legislation

In response to Ontario's new legislation, O. Reg. 480/24, under the Occupational Health and Safety Act, which mandates the recording of washroom cleaning activities effective January 1, 2026, Visionstate has proactively updated the WANDA software to meet these specific requirements. The regulation requires employers and constructors to maintain and post records of washroom cleanings, including the date and time of the two most recent cleanings, either physically near the facility or electronically accessible to workers.

Visionstate's objective is to ensure easy deployment to the thousands of potential customers affected by this legislation. The company will focus on onboarding these customers in Q3 and Q4, ahead of the January 1, 2026, implementation date.

For more information on WANDA or to schedule a demo, contact Visionstate today at www.visionstate.com.

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 subsidiary 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 Corp.
John Putters, CEO
Email: jputters@visionstate.com
Tel: 780-425-9460

Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept 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 always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be 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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