Correction - Visionstate Signs Agreement with Sanitis Global to Increase WANDA US Sales
August 27 2019 - 2:32PM
Visionstate Corp. (TSX-V: VIS) (“Visionstate” or
‘the Company”) is pleased to announce that it has signed a channel
sales agreement with Sanitis Global to represent Visionstate’s
Internet-of-Things solution WANDA, and WANDA-related products such
as WANDA QuickTouch, to their customer base in the United States.
Sanitis Global is a sales and marketing firm for next-generation
infection control, disinfection, and green cleaning products for
hospitals and clinics, food processing and food service facilities.
An initial two-year agreement will allow
Visionstate to earn royalties off all sales, as well as ongoing
residual licence fees. The roll-out period will start in September
2019.
Harry Jarbath, Founder of Sanitis, said: “We are
delighted to be partnering with Visionstate for the sales and
marketing of their innovative WANDA IoT product,
distributed by the highly-regarded, exclusive global distributor,
Bunzl. The relationship with Visionstate represents a powerful
opportunity for Sanitis to significantly expand our presence in the
US Healthcare and FM market.”
"We look forward to working closely with
Visionstate as we combine our efforts to serve a broader range of
customers with Visionstate's WANDA solution over the coming
months and years,” added Allen Beuershausen, Co-founder of
Sanitis.
John Putters, CEO of Visionstate, commented: “We
are very excited about the new agreement with Sanitis, which will
greatly increase Visionstate’s WANDA sales in the US. While Sanitis
operates in multiple industries, their primary focus remains
hospitals, Visionstate’s largest install base to date. Sanitis also
expressed an interest in rolling out Visionstate’s new QuickTouch
IoT product (see Press Release from June 25, 2019) making this
agreement a way for us to bring new products to the market through
a reseller model. WANDA QuickTouch is ideal for a hospital
environment, be it a patient room or a nursing station.”
Expanding reselling agreements is a market
penetration strategy for Visionstate. They enable the Company to
leverage large sales forces without incurring additional expenses.
Increased reseller sales will result in more royalties on the
software and increased residual income for Visionstate.
About Sanitis Global
Sanitis Global is an exclusive sales and
marketing firm whose next-generation eco-friendly infection control
and green cleaning solutions provide safe, clinically- and
industry-proven solutions to the toughest and most critical
challenges in preventing cross-contamination and the spread of
disease in commercial and industrial environments. From persistent
hand hygiene to people- and pet-safe commercial and hospital-grade
disinfectants and green cleaners, their portfolio of products is
well-suited to high-risk industries such as hospitals and health
care and food processing and food service where cleanliness and
sanitation are vital, and dangerous chemicals can be problematic.
Janitorial services and building management firms will also
appreciate that they can maintain green clean, healthy environments
without the need for toxic cleaners and noxious fumes. For more
information on the company, please visit
http://www.sanitisglobal.com.
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.
To learn more, please
contact: |
Visionstate Corp. |
CHF Capital Markets |
Website: www.visionstate.com |
John Putters, CEO |
Cathy Hume, CEO |
Twitter: @visionstate |
(780) 425-9460 |
(416) 868-1079 x 231 |
Facebook: @visionstate |
jputters@visionstate.com |
cathy@chfir.com |
LinkedIn:@VisionstateCorp. |
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