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Visionstate Corp (2)
Symbol VIS
Shares Issued 258,326,335
Close 2025-06-04 C$ 0.02
Market Cap C$ 5,166,527
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Visionstate launches MIRA

2025-06-05 18:18 ET - News Release

Mr. John Putters reports

VISIONSTATE LAUNCHES MIRA TO DIGITIZE FACILITY INSPECTIONS AND EXPAND SAAS PLATFORM

Visionstate Corp. has officially launched MIRA, its newest software-as-a-service (SaaS) platform designed to streamline and digitize inspections across public-facing facilities. The platform became available to customers in June, 2025, following months of development and testing in real-world conditions.

MIRA represents the latest evolution in Visionstate's commitment to delivering smart, scalable and data-driven tools for the facility management industry. Built as a natural extension of the company's flagship Wanda platform, MIRA allows facility teams to conduct audits, safety checks and operational inspections with greater accuracy, accountability and efficiency.

Designed for mobile use, MIRA incorporates real-time reporting, customizable checklists, QR code scanning and secure cloud-based data storage. Whether tracking regulatory compliance in health care environments or conducting daily walkthroughs in retail and education facilities, MIRA empowers staff to standardize their processes and provides management with transparent, audit-ready records.

"The launch of MIRA is a major step forward in our vision to deliver an integrated suite of digital solutions for facility management," said Shannon Moore, president of Visionstate.

"Where WandaLITE solves cleaning compliance, MIRA addresses a broader range of operational and regulatory inspections. Together, they form a powerful platform -- and one that positions Visionstate to lead in this emerging space."

The launch of MIRA also represents an important business milestone for Visionstate. As a new product in the company's SaaS portfolio, MIRA introduces a fresh recurring revenue stream that complements WandaLITE without increasing implementation complexity. Because most facility managers already conduct inspections using paper-based methods, MIRA offers a lower-friction transition to digital without the need for operational disruption. It also adds a valuable new layer of data that can be analyzed alongside cleaning and resource metrics to drive improved efficiency, accountability and planning.

MIRA is offered on a recurring monthly SaaS model, either as a stand-alone platform or bundled with WandaLITE for clients requiring both cleaning log compliance and broader inspection capabilities. Pricing is designed to reflect ease of scaling by location or team size, aligning with Visionstate's strategy to grow its high-margin, subscription-based revenue streams.

Visionstate has already seen strong early interest in MIRA from several existing customers. Initial pilots are under way in sectors such as education, health care and municipal government, where facility inspections are routine and documentation is essential. The ability to digitize and centralize these processes presents a compelling value proposition -- particularly in industries where compliance requirements are rising.

The release of MIRA comes during a period of accelerated technical development at Visionstate. Over the past several quarters, the company has significantly invested in expanding its platform capabilities, including the launch of WandaLITE to support Ontario's Bill 190 legislation and continuing development of AI-powered features that enable predictive task scheduling. Together, these technologies represent a fully integrated approach to smart facility management.

MIRA is now available to Visionstate customers across Canada, with on-boarding support and customization available for enterprise clients.

About Visionstate Corp.

Visionstate 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 subsidiary of Visionstate.

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 will continue to innovate, reduce environmental impact and transform consumer experiences.

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