2022-09-21 | TSXV:VIS | Press release


Edmonton, Alberta – TheNewswire – September 21, 2022 – Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “&CloseCurlyDoubleQuote Company;”) is pleased to announce that its holding company, Exceed Solar Inc., has launched an innovative strategy to address growing concerns about food safety in municipalities across Canada.

Exceed Solar Inc. (“Exceed Solar” or “Exceed”), which builds high-tech greenhouses, is creating a community food network within the city of Edmonton to help build “growing capacity” to cope with rising food prices and supply shortages The first greenhouse and community garden were developed in partnership with Freedom Cannabis Inc. (“Freedom”), an Alberta-based company that is also committed to have a positive social impact.

The initiative involves Exceed Solar providing its 240 square foot high-tech greenhouses to businesses and community leagues, in conjunction with a community garden, through sponsorships and donations. Harvest from the gardens is donated to community food banks to help ease the burden of food shortages and rising costs.

“We’ve found that the buy-in from Edmonton’s businesses and community leagues has been exceptional,” explained Elliott Putters, CEO of Exceed Solar. “We all recognize the challenges that lie ahead when it comes to accessing affordable food and helping the less fortunate in our society.”

The community garden and greenhouse was installed at Freedom Cannabis Inc. in the summer of 2022, with staff and management taking an active role in maintaining the gardens. The company has grown an assortment of vegetables, including celery, tomatoes, Swiss chard, carrots and spinach, which will be harvested this fall and donated to the University of Alberta campus food bank. .

“Not only is Freedom living up to its core values ​​of growing great people, but there is a deep sense of satisfaction within our company knowing that we have helped people who may be less fortunate,” said explained Johnfrank Potestio, CEO of Freedom Cannabis Inc.

Exceed’s solar greenhouses are a necessary ingredient to combat the effects of climate change and associated food shortages. The greenhouses are equipped with a solar powered heat pump system which not only extends the growing season but more recently has played an important role in cooling the greenhouses during long periods of unusually hot weather. The main structures of the greenhouses are built with recycled plastic bottles supplied by Ecoplast Solutions, an Alberta-based company.

Exceed Solar has two more Community Leagues in the queue for the Food Network to launch in the coming months.

“A community initiative not only builds the capacity of these communities,” Putters explained, “but also becomes a central focus, bringing residents even closer to their communities.”

Exceed Solar would like to thank its sponsors for this important initiative, including AltaPro Electric Inc, Visionstate Inc. and Freedom Cannabis Inc.

About Visionstate Corp.

Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technologies in the areas of Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiency, reduce costs, and increase customer satisfaction with its industry-leading devices that track and monitor customer activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centers and other public facilities across and beyond North America. By building a set of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.

About Exceed Solar Inc.

Exceed Solar Inc. is a social enterprise and the builder of ‘Sol Spaces’ – a product line of building structures that are consciously designed and built to enhance everyday life, empower healthy communities and contribute to the sustainability of the planet. The Sol Greenhouse, Sol Studio and Sol Garden Suite are each innovatively designed to meet a unique and serious customer profile, including individual homeowners, community service groups, the restaurant and hospitality industry. hospitality industry and municipalities in Edmonton and northern Alberta.

Issued on behalf of the Board of Directors,

“John A. Putters”

Visionstate Corp.

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 contained herein may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical facts are forward-looking statements, including, but not limited to, statements regarding future financial condition, business strategy, product use, corporate vision, proposed acquisitions, partnerships, joint ventures and strategic alliances and cooperations, budgets, costs and plans and objectives of or involving the Company. This forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is planned”, “budget”, “expected”, “estimates”, “forecasts”. “, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of these words and phrases or may be identified by statements that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be performed. A number of known and unknown risks, uncertainties and other factors could cause actual results or performance to differ materially from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company’s control, including, but not limited to, the impact of general economic conditions, industry conditions and dependence on regulatory approvals. Readers are cautioned that the assumptions used in the preparation of this information, while believed to be reasonable at the time of preparation, may prove to be imprecise and, accordingly, undue reliance should not be placed on any forward-looking information. statements. The Company undertakes 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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