Visionstate Announces Corporate Sponsorship of Exceed Solar by Bunzl Canada

(TheNewswire)

Distribution leader sponsors Exceed Solar’s state-of-the-art, solar-powered greenhouse to fight food insecurity.

Edmonton, AB - TheNewswire - January 27, 2023 - Visionstate Corp. (TSXV:VIS) Visionstate (the “Company”) is pleased to announce its portfolio company Exceed Solar, a pure play ESG entity, has launched its community-driven food security network in partnership with Bunzl Canada Inc. (“Bunzl Canada”).

Bunzl Canada has announced its sponsorship of the community-scale, solar-powered greenhouse at the Alberta Avenue Community League (“AACL”) in Edmonton. This state-of-the-art initiative will provide the community with access to fresh, locally grown produce year-round.

The innovative project was initiated by Edmonton’s own Exceed Solar, a local start-up business founded on a passion for the environment and a commitment to making a meaningful impact on the planet by promoting alternative energy and sustainable living. The new greenhouse will feature advanced technology, including a 1.2kW solar energy system, heating and cooling ductless pump, and an Internet of Things (IoT)-based environmental monitoring system.

Construction of the greenhouse is set to begin in the coming weeks and is expected to be fully operational by Spring 2023, according to Elliot Putters, Exceed Solar’s founder and CEO. “This initiative will have a very positive impact on our local community, thanks to our partners, Bunzl Canada and the AACL.”

“We are very excited to partner with Exceed Solar and the AACL on this innovative project,” said Margo Hunnisett, Bunzl Canada's Vice President of Marketing and Communications. “We believe that access to food, especially fresh produce, is essential for building strong, sustainable communities. We’re committed to supporting initiatives to address food insecurity and hope this new greenhouse will serve as a model for other communities to follow."

Bunzl Canada provides cleaning and hygiene products and equipment, food and retail packaging, safety products, and industrial supplies to more than 45,000 Canadian businesses. The company supports local food banks across the country as well as contributes to in-school nutrition programs.

“We are thrilled to have the support of Bunzl Canada in bringing this exciting project to our community,” said AACL Facility Manager, Karen Mykietka. “The greenhouse will not only provide us with fresh produce but will also serve as a valuable educational resource for our members. We look forward to seeing the positive impact it will have on our community.”

The AACL will provide educational resources and workshops, allowing members of the community to learn about sustainable farming practices and how to properly care for the plants in the greenhouse.

About Bunzl Canada Inc.

Bunzl Canada Inc. (bunzlcanada.ca) provides the cleaning and hygiene products and equipment, food and retail packaging, safety products and industrial supplies which keep over 45,000 Canadian businesses running optimally, every day. The company brings its customers the advantage of global sourcing, product innovation and national scale combined with responsive local service and deep category expertise. Bunzl Canada Inc. is a division of Bunzl Distribution USA, LLC.

About Bunzl Distribution

Bunzl Distribution USA, LLC (bunzldistribution.com), headquartered in St. Louis, Mo., is the largest division of London-based Bunzl plc, an international distribution and outsourcing group. With more than 100 distribution centre throughout the U.S., Canada, Mexico and the Caribbean, Bunzl supplies a wide range of products to food processors, supermarkets, retailers, convenience stores and other users.

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 engineered and constructed to enhance daily 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 earnest customer profile including individual homeowners, community service groups, the restaurant and hospitality sector and municipalities in Edmonton and northern Alberta.

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: [email protected]

Tel: 780-425-9460

CHF Capital Markets

Perry Rapagna, Manager, Corporate Development & Senior Account Manager

Email: [email protected]

Tel: 416-868-1079 x230

Twitter: @visionstate

Facebook: @visionstate

LinkedIn: 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) accept responsibility for the adequacy or accuracy of this release.

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