Visionstate and NEDlabs Join Forces to Revolutionize People

New Post Public Reply Private Reply Replies (0) Message Board
ChadPimm
366
Visionstate and NEDlabs Join Forces to Revolutionize People Counting with Time-of-Flight Sensors

Edmonton, Alberta - TheNewswire - July 6, 2023 - Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”) Visionstate IoT Inc., a pioneer in IoT (Internet of Things) technology for facility management, and NEDlabs (NEDlabs.ca), a leading provider of industrial IoT and builder of smart home solutions, are proud to announce their collaboration on a cutting-edge project that will change the way people counting is performed. The project involves the integration of NEDsense Time-of-Flight (“ToF”) sensors, developed by NEDlabs, into Visionstate’s Wanda platform which tracks cleaning and maintenance activities in public and private facilities.

People counting is a critical aspect of many industries, including retail, hospitality, and events management, as it helps businesses to understand foot traffic and make data-driven decisions. The current methods of people counting, such as infrared sensors and video cameras, can be expensive, unreliable, and provide inaccurate results. With the integration of NEDsense ToF sensors, Visionstate is aiming to provide a more accurate solution that will help businesses make more informed decisions.

"We're thrilled to be collaborating with NEDlabs on this exciting project," said Shannon Moore, President of Visionstate IoT Inc. "By integrating time of flight sensors into our platform, we can provide our customers with a more accurate and reliable solution for people counting. This will have a significant impact on the way businesses operate and make data-driven decisions."

The ToF sensors use advanced technology to measure the time it takes for a light signal to travel from the sensor to the target and back, providing a highly-accurate measurement of distance. This technology has been proven to provide accurate results even in challenging environments, such as crowded spaces or areas with high levels of ambient light.

"We're moving quickly with NEDlabs on this project," said Moore. "The NEDsense Time-of-Flight sensors are at the forefront of sensor technology, and we're confident that their integration into our platform will provide a game-changing solution for people counting."

Visionstate is investing further into connected sensors which will expand the Company’s customer base while offering a larger suite of products.

About NEDlabs

NEDlabs is a leading provider of industrial IoT and builder of smart home solutions, offering a wide range of products and services designed to make systems more effective, convenient, and intelligent. With a focus on innovation, speed to market, and customer satisfaction, NEDlabs is committed to providing the best solutions for its clients.
About Visionstate Corp.

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. Visionstate IoT Inc. is a wholly-owned division of Visionstate Corp. Through Visionstate IoT 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 IoT Inc.
Shannon Moore, President
Email: shannon@visionstate.com
Tel: 780-425-9460

CHF Capital Markets
Kathy Chapman
Email: kc@chfir.com
Tel: 416-868-1079 x 234

Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.

Visionstate Corp (VSSSF) Stock Research Links

VSSSF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Sivers Semiconductors and DigiKey: A New Era for Wireless Tech

Updated Category News Views 178

Sivers Semiconductors Announces Partnership with DigiKey In an exciting development for the tech industry, Sivers Semiconductors AB (STO:SIVE), known for its expertise in photonics and wireless technologies, has formed a strategic partnership with DigiKey. This collaboration is designed to enhance the accessibility of Sivers' cutting-edge millimeter-wave products and...

Continue Reading
Transforming Case Management: LawPro.ai and SmartAdvocate Unite

Updated Category News Views 171

Transformative Partnership in Personal Injury Law LawPro.ai, an innovative AI-powered case intelligence platform designed to enhance case preparation, has joined forces with SmartAdvocate, a renowned case management system favored by legal professionals countrywide. This collaboration aims to revolutionize the workflow in personal injury law, enabling firms to prepare...

Continue Reading
Revolutionizing Tyres: The Future of UK Tyre Purchasing

Updated Category News Views 171

Transforming the UK Tyre Industry Tyres.co.uk is gearing up to shake up the UK's extensive and lucrative tyre market. With an advanced technological platform and a prime domain name, this startup aims to streamline the tyre buying and fitting process for motorists across the nation. As the launch date approaches, anticipation grows for how this service will enhance the...

Continue Reading
Insights from Adam & Eve: What Would You Change About Yourself?

Updated Category News Views 187

Exploring Body Image in Today's Society In a world where social media and advertising continually influence our perceptions of beauty, Adam & Eve has remained a beacon of body positivity and self-acceptance. This renowned company conducted a revealing survey among over 1,000 adults, asking an intriguing question: "What’s the one thing you would change about your body if...

Continue Reading
Looking Ahead: Earnings Preview For Establishment Labs Hldgs

Updated Category News Views 161

Eyes on the Earnings: What to Expect from ESTA Okay, let's cut to the chase. February 24, 2026—a date that's gonna hit the calendar hard for investors in Establishment Labs Hldgs (NASDAQ:ESTA). They're gearing up to toss out their quarterly earnings, and honestly, folks have their fingers crossed. Analysts point to an expected earnings per share (EPS) of $-0.22. Not...

Continue Reading