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Visionstate announces changes to its board of directors

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Visionstate announces changes to its board of directors

EDMONTON, Alberta, June 11, 2021 (GLOBE NEWSWIRE) – Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a company that develops and invests in the research and development of promising new technologies in the Internet of things, big data and analytics, and sustainability, today announces the resignation of two directors, Paul Fairbridge and Debra Williams, effective righ now . Both Paul and Debra have been dedicated and helpful in their roles on the Company’s Board of Directors for many years prior to their decision to retire due to personal reasons.

Paul Fairbridge helped guide the company through some very challenging years. Now that the Company is sufficiently funded and profitable, Paul is comfortable leaving his job as President of Visionstate to pursue his goals of retiring and traveling more. A personal friend of Putters and a retired executive at Ivanhoe Cambridge, one of Canada’s largest shopping center operators, Paul is eager to see his investment in the company grow from the sidelines.

Debra Williams contributed significantly to Visionstate’s growth over the course of several years, including the introduction and administration of the first installment agreement for Visionstate’s flagship WANDA ™ product. A master of implementation management along with customer service, Debra has decided to spend more time with her family, especially her three young grandchildren. As a large investor in Visionstate, Debra will closely follow the Company’s progress.

John Putters, President and CEO, commented, “While departure news is never welcome, management also has the opportunity to make room for other talents to step in when managers move on to pursue other passions. I can’t begin to explain how honored we have been to have these talented people help Visionstate for so many years. Everyone at Visionstate sincerely thanks both Paul and Debra and always wishes them good health and happiness. We, in turn, are now looking to hire a new board member to provide a benchmark strength to help take the Company to the next chapter. ”

About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that develops and invests in the research and development of promising new technologies in the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., he helps companies improve operational efficiency, reduce costs, and increase customer satisfaction with his next-generation devices that track and monitor guest activities and requests. Your WANDA ™ smart device footprint now extends to hospitals, airports, shopping malls, and other public facilities throughout North America and beyond. By creating a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences. Visit the website to find out more: https://www.visionstate.com/

Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.

For more information, contact:

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 material known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including but not limited to statements about future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint ventures. and strategic alliances and cooperations. , budgets, costs and plans and objectives of or involving the company. Such forward-looking information reflects the current beliefs of management and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by using words such as “plans,” “expected,” “expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “predicts. “,” intends “,” aims “,” 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 “,” could “,” could “or” will be “taken, happen or achieved. A number of known and unknown risks, uncertainties and other factors may cause actual results or performance to differ materially from any future results or performance expressed or implied in the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of the company, including but not limited to the impact of general economic conditions, industry conditions, and reliance on regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, while believed to be reasonable at the time of preparation, may prove to be inaccurate and, as such, undue reliance should not be placed on any forward-looking statements. The Company assumes no 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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