Company Overview

Visionstate Corp. is a publicly traded technology company that develops and commercializes Internet of Things (IoT)–enabled facility management and customer experience solutions. The company operates primarily in the facility management technology and smart building solutions industries, with a focus on real-time data collection, analytics, and operational visibility. Its core value proposition centers on improving cleanliness standards, operational efficiency, and customer satisfaction in public and commercial facilities through connected devices and software platforms.

The company’s primary revenue drivers are its proprietary IoT hardware and recurring software-as-a-service (SaaS) subscriptions, most notably the WANDA™ smart facility monitoring system. Visionstate primarily serves institutional and enterprise customers, including healthcare facilities, airports, government buildings, and commercial real estate operators. Founded in Canada, the company evolved from a software-focused developer into an IoT solutions provider as demand increased for real-time facility data and compliance-driven reporting in high-traffic environments.

Business Operations

Visionstate operates through a single integrated business model combining IoT hardware sales with subscription-based software and data services. Its flagship product, WANDA™, consists of wireless sensors, dashboards, and analytics tools that monitor restroom usage, cleaning frequency, and supply levels, enabling facilities to optimize maintenance schedules and demonstrate regulatory compliance. Revenue is generated from device deployments, software licenses, and ongoing service contracts.

Operations are primarily conducted through Visionstate IoT Corp., the company’s wholly owned subsidiary responsible for product development, commercialization, and customer deployment. The company maintains partnerships with facility service providers and technology integrators to expand distribution, while manufacturing is largely outsourced. Visionstate’s customer base is concentrated in institutional settings where cleanliness verification and auditability are operational priorities.

Strategic Position & Investments

Visionstate’s strategic direction emphasizes scaling recurring SaaS revenue, expanding enterprise deployments, and enhancing data analytics capabilities within its IoT ecosystem. Growth initiatives have focused on increasing adoption of WANDA™ across healthcare and transportation sectors, where regulatory oversight and public visibility drive demand for real-time cleanliness monitoring. The company has also emphasized pilot-to-contract conversions as a pathway to long-term customer relationships.

The company does not report a broad portfolio of unrelated investments or diversified acquisitions; instead, it concentrates capital on internal product development and incremental technology enhancements. While Visionstate has announced exploratory initiatives related to artificial intelligence–driven analytics and smart city applications, publicly available disclosures indicate these efforts remain closely tied to its core facility management platform rather than representing separate operating segments. Data inconclusive based on available public sources regarding material acquisitions beyond organic growth.

Geographic Footprint

Visionstate is headquartered in Canada, with its principal executive offices located in Alberta. The company’s primary operational focus is North America, where the majority of its customers, pilots, and commercial deployments are located. The United States represents a key growth market, particularly in healthcare systems and large public venues.

Internationally, Visionstate has reported limited but growing exposure through pilot programs and distributor relationships outside Canada, including selective engagements in Europe and other regions. However, public disclosures indicate that international revenue remains a smaller portion of overall operations, with strategic emphasis continuing to prioritize North American market penetration.

Leadership & Governance

Visionstate is led by a management team with experience in software development, IoT commercialization, and public company governance. Leadership has articulated a strategy centered on disciplined growth, recurring revenue expansion, and leveraging data transparency to address operational inefficiencies in facility management. The company operates under a standard public-company governance framework appropriate for an OTC- and TSX Venture–listed issuer.

Key executives include:

• John Putters – Founder and Chief Executive Officer
• Brian Robertson – Chief Financial Officer
• Mike Mielke – Chief Operating Officer

The leadership team emphasizes product-led growth, regulatory alignment, and long-term customer retention as core elements of Visionstate’s strategic vision.