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.
1. August 2022
Corporate Presentation
Wanda IoT Solutions:
The Next Evolution of
Cleaning Compliance
Visionstate IoT is a wholly owned subsidiary of
Visionstate Corp. (TSXV: VIS)
WANDATM was
awarded the
prestigious CSSA
Award for
Innovation in
March 2018
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Forward-Looking Statements
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Certain statements in this Presentation may constitute forward-looking
information, including future-oriented financial information and financial
outlooks, within the meaning of applicable securities laws. Forward-looking
information may relate to Visionstate’s future outlook and anticipated events or
results and may include statements regarding Visionstate’s financial results,
future financial position, expected growth of cash flows, business strategy,
budgets, projected costs, projected capital expenditures, taxes, plans, objectives,
potential synergies, industry trends and growth opportunities. Often but not
always, forward-looking information can be identified by the use of words such as
“anticipate”, “believe”, “expect”, “project”, “estimate”, “likely”, “intend”,
“should”, “could”, “may”, “might”, “target”, “plan” and other similar expressions
or variations (including negative variations) of such words and phrases. Forward-
looking information contained in this Presentation is based on certain
assumptions regarding expected growth, results of operations, performance,
industry trends and growth opportunities.
While management considers these assumptions to be reasonable, based on
information available, they may prove to be incorrect. Forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Visionstate
to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. These risks,
uncertainties and other factors include, but are not limited to risks associated with
general economic conditions; adverse industry events; marketing costs; loss of
markets; future legislative and regulatory developments involving Visionstate;
inability to access sufficient capital from internal and external sources, and/or
inability to access sufficient capital on favourable terms; the technology industry
in Canada generally, income tax and regulatory matters; the ability of Visionstate
to implement its business strategies; competition; and currency and interest rate
fluctuations.
Forward-looking information and other information contained herein concerning
management’s general expectations concerning various industries are based on
estimates prepared by management using data from publicly available industry
sources as well as from market research and industry analysis and on assumptions
based on data and knowledge of this industry which management believes to be
reasonable. However, this data is inherently imprecise, although generally
indicative of relative market positions, market shares and performance
characteristics. While management is not aware of any misstatements regarding
any industry data presented herein, industry data is subject to change based on
various factors.
Additional Cautionary Language
This Presentation may not be reproduced, further distributed or published in
whole or in part by any other person. Neither this Presentation nor any copy of it
may be taken or transmitted into or distributed in any other jurisdiction which
prohibits the same except in compliance with applicable laws. Any failure to
comply with this restriction may constitute a violation of applicable securities law.
Recipients are required to inform themselves of, and comply with, all such
restrictions or prohibitions and Visionstate does not accept liability to any person
in relation thereto.
Prospective investors are encouraged to conduct their own analysis and reviews
of Visionstate and of the information contained in this Presentation. There can be
no guarantee that Visionstate will achieve any of its intended targets.
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The Problem: Effective cleaning is essential in
the battle against COVID, liability, inefficiency
Cleaning compliance is paramount in
the current and post-pandemic era.
Facility managers have adopted new
protocols in the fight against COVID.
Traditional paper-based tracking of
cleaning and maintenance activities
are no longer sufficient.
Increasing civil lawsuits from
slip-and-fall injuries.
Civil lawsuits are often filed
well after the alleged incident.
Access to information on who
did what, and when, is critical
to defending lawsuits.
Inefficient cleaning can ruin a
business’s reputation.
COVID has put consumers on high
alert for unhygienic conditions.
In a labor-intensive environment,
meeting new standards and
protocols is difficult.
4. The Solution: Visionstate’s Wanda IoT platform
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Wanda
replaces
antiquated
paper
processes
with new
technology…
Wanda Portal Compliance Analytics
And
produces
valuable
analytics
5. Wanda is the single point of access to data from other sensors, including surface testing, people
counting, and smart dispensers
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Highly accurate
people counting
sensors produces
data that can
predict supply
shortages.
Industrial 10- and 15-inch tablets used in high
profile restroom areas where image is
important. Protected by antimicrobial overlay.
Tracks and monitors cleaning in any
environment, from ashtraysto
cannabis grow rooms
Battery operated and
connects to LTE-M
network for easy
alerts
Wall-Mounted Touchscreen
Mobile App
IoTButton
Traffic Counters
Third party
integration
Wanda integrates with
Tork EasyCubesmart
dispensers and Hygenia
surface testing
technology.
QR Code Scanning
Wanda Suite of Solutions: a Hub for Smart Data
QR codes are used with WandaMOBILE for
cleaning staff to log presence and
customers to submit service requests.
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Why Wanda?
• WandaMOBILE is quick to deploy and requires
no existing infrastructure
• Can track cleaning of everything from
doorknobs to ashtrays
• Provides a digital audit trail of activities and
events in case of liability
• Detailed analytics on all aspects of cleaning
process
• Improves workflow management by using
staff more effectively
• Compliance reporting ensures protocols are
being met
• Better control over inventory and supply usage
• Provides customers and staff a safe
environment by ensuring standards are met
• Integrates with third party sensors
7. Wanda is endorsed by global
cleaning and hygiene company
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“Now more than ever, facilities in critical environments such as education,
long-term care and assisted living must verify and validate that cleaning
and disinfecting is being done correctly and at the right intervals.”
- David Smith, Cleaning, Hygiene and Sanitation Director at
Bunzl Cleaning & Hygiene
“With the higher transmissibility of the Omicron variant of COVID-19, facility
managers need to be absolutely confident that cleaning is being done
properly and effectively.”
- Brock Tully, Vice President, Bunzl Cleaning & Hygiene
8. Visionstate’s most important strategic partner is Bunzl PLC.
Bunzl has a global sales force and is a multibillion dollar company
Visionstate charges monthly licence fees per unit sold or mobile
activation, including:
$25 per month per Wanda device
$25 per month per WandaMOBILE activation
All Wanda installation deals, and subsequent licensing fees, have a
minimum of a 3-year duration period.
There is a 90% margin on mobile app sales
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Software as a service business model
70/30
basis
Revenue is
shared
with Bunzl
on a
where Visionstate gets
70%
on Bunzl sales
11. WANDA™ Locations
Key Client Locations
• Blackstone Office Towers, NY and Miami (US)
• Spinx Co Travel Centers (SC)
• Victoria International Airport (BC)
• Bayview Shopping Centre (ON)
• Colorado Children’s Hospital (CO)
• New York Power Authority (NY)
• Fallsview Casino (Niagra Falls)
• Toronto Zoo (ON)
• Vancouver General Hospital (BC)
• Meadows Recreational Complex (AB)
• Freeman Health Centre (MO)
• City of Edmonton (AB)
• Belgium Hospitals (EU)
• Natural Factors (BC)
• Misericordia Hospital (AB)
• Grey Nuns Hospital (AB)
• Royal Alberta Museum (AB)
• Servantage BSC (Canada)
• Queen’s University (ON)
• CrossIron Mills Shopping Centre (AB)
• Guildford Shopping Centre (BC)
• St. Alberta, Sherwood Park, Medicine Hat, Ft.
McMurray Shopping Centres (AB)
• Grand Villa Casino (BC)
• University of Saskatchewan (SK)
Key Sector Installations
• Office Towers
• Airports
• Shopping Centers
• Casinos
• Hospitals
• Recreation Centers
• Travel Centers
• Educational Facilities
Key Sector Targets
• Office Towers
• Airports
• Shopping Centers
• Healthcare
• Hospitality
• Educational Facilities
• Municipalities
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12. Visionstate IoT 2021-2022 Roadmap
2021
Q1
2022
Q2
2022
Launched new
WandaMOBILE app and QR
code functionality
New business model,
pricing based entirely on
SaaS
Development for ViCCi 2.0
using AI for customer
service in physical
locations
Hired new VP of Business
Strategy to maximize
return on Wanda
investment
Retrained Bunzl NA sales staff
on WandaMOBILE and QR
codes
Redevelopmentof website,
marketing materialsfor
Wanda product
Hired new Director of Sales to
coordinate inside sales and
global partnerships
Commenced development of
RFID technology to track high
value assets in hospitals
Launched pilot project with
City of Edmonton to track
garbage receptacles and
ashtrays in 40 exterior
locations
Launching WandaMOBILE in
Europe with installationin
four hospitals
Launching new RFID
technology at Kingston
Medical Centre to track high-
value assets
Soft launch of ViCCi 2.0
Sales focus on school boards
and municipalities across NA
Global partner Bunzl
endorses WANDA™ as critical
to the effective cleaning
practices
Launching new partnership
with Hygenia for surface
testing
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Expanding partnerships with
hospitals across Alberta
Completion of installationat
the Grand VillaCasino
On-going discussion with
multipleinternational hotel
chains
Successful trial of WANDA™
at the ISSA Canada Show
13. Capital Structure
Share Price $0.02
52 Week High/Low $0.015 /$0.080
Market Cap $2.22 M
Shares Outstanding 110 M
Warrants ($0.07) - expiry 03/24 59.39 M
Warrants ($0.085) – expiry 04/24 8.73M
Fully Diluted 178 M
TSX.V: VIS
Owned by insiders:
~30%
Monthly burn rate post-raise:
~$50,000
Current monthly revenue:
$87.74K (As of March 2022)
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As of August 2022
14. Visionstate Executive Team
John Putters, President & CEO, Director, Company Founder
15 years of experience in IT and public companies, nominated twice for National Innovation Award
Alastair Medford, Technical Director
10 years with Visionstate, drives innovation and technology
Shannon Burke, Director of Sales
30 years of experience and success in sales, including with the largest media conglomerates in Canada. Undergrade degree in
business administration and working part-time on graduate degree
Randa Kachkar, CFO, Board Secretary
25 years of management experience in finance, strategy and operations
Ned Dimitrov, Investment and Acquisition, Director
More than 8 years of experience in sales, capital markets and business development, a seasoned multi-lingual professional
with proven history of identifying new business niches and developing new markets
Belinda Davidson, Marketing Strategy, Director
30 years of experience in marketing, former director of brand awareness and marketing for Ivanhoe Cambridge Properties.
Belinda joined the team in September 2021.
Jim Duke, Chairman of the Board, Director
A long-time director of Visionstate Corp. with considerable experience in entrepreneurship and capital markets;
works with the Investment Committee to identify companies that have synergies with Visionstate IoT Inc.
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Angel Valov, Director
More than 12 years of experience in all aspects of institutional money management at various financial
institutions. An accredited, high-net-worth investor and proprietary trading specialist with intricate
knowledge of the North American retail equity market
15. Contact Us
This document may include certain forward-looking statements that are based
upon current expectations, which involve risks and uncertainties associated
with Visionstate’s business and the environment in which the business
operates. Any statements contained herein that are not statements of historical
facts may be deemed to be forward-looking, including those identified by the
expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and
similar expressions to the extent they relate to the Company or its
management.
CHF Capital Markets
Cathy Hume, CEO
Office: 416-868-1079 x 251
Email: cathy@chfir.com
Visionstate Corp.
John Putters, CEO
Office: 780-425-9460
Cell: 587-985-2601
Email: jputters@visionstate.com
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CHF Capital Markets
Perry Rapagna, Manager, Corporate Development & Senior
Account Manager
Office: 416-868-1079 x 230
Email: perry@chfir.com