Visionstate Engages Stockhouse to Provide Digital Marketing and Investor Awareness Services

EDMONTON, Alberta, April 29, 2021 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX.V: VIS) (“Visionstate” or ‘the Company”) is pleased to announce that it has engaged Stockhouse Publishing Ltd. (“Stockhouse”), which owns a streaming platform with one of the largest communities of retail investors in North America, to provide investor awareness and digital media communication services to the Company. Stockhouse records on average over 1 million unique investors per month, with over 400,000 registered members.

John Putters, President and CEO of Visionstate, says: “We are delighted to have retained Stockhouse to help us reach a wider audience. Visionstate’s story has never been more relevant than now. We have always said that our mission as a Company is to make the world a better place and we do so by developing and incorporating unique Internet of Things (IoT) solutions that are used globally and in a wide range of industry verticals, all revolving around the ideas of sustainability and improvement of operational efficiencies. We are not just in a revenue mode, we are reporting profits and are ready to scale up – it’s time for Visionstate to become top of the mind of the investment community, and this is one of our priorities for 2021 alongside further business development and expansion of our IoT capabilities.”

Effective immediately, the terms of the agreement include 12 months of services and can be extended thereafter if Visionstate deems it appropriate. The agreement will allow Company press releases, editorial pieces and other marketing materials prepared by Stockhouse and/or the Company to be accessible through the Stockhouse portal.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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.