GRAND JUNCTION, Colo.,
March 31, 2021 /CNW/ -- ProStar
Holdings Inc ("ProStar®" or the "Company") (TSXV: MAPS) (FSE:
5D00), a world leader in Precision Mapping Solutions®, and
developer of PointMan®, has announced its newest product
release PointMan Pro, the most modern natively cloud and mobile
precision mapping solution specifically designed for the
infrastructure industry. PointMan Pro is a patented mobile and
cloud application that seamlessly connects the field with the
office and provides the ability to precisely capture, record,
display, and manage critical infrastructure data necessary for the
maintenance and management of roads, railways, pipelines, and
utilities from a standard mobile device.
The commercial release of PointMan Pro comes after two years in
development, a significant allocation of resources, and several
months of rigorous beta testing with select trusted testers that
included some of the largest construction and Subsurface Utility
Engineering (SUE) firms in North
America. ProStar selected firms that specialize in the
construction and maintenance of critical infrastructure to
implement the new application and provide valuable feedback and
requirements in order to replace many current inefficient,
antiquated, and fragmented business practices. In addition to the
trusted testers, many PointMan Pro's key feature and functionality
requirements were provided by government agencies, the world's
leading equipment manufacturers, 811 call centers, departments of
transportation, lawmakers, and other state and federal
agencies.
PointMan Pro eliminates and streamlines outdated workflow
processes and legacy equipment to deliver mission critical data in
real-time to all field and office personnel. Prior to the release
of PointMan Pro, the processes for collecting and sharing data were
very onerous, requiring a substantial investment in software,
hardware, and dedicated resources. In addition, the data workflows
could take days if not weeks, creating significant delays, and
hindering the ability to make timely, mission critical, business
decisions. These delays are costly and place the public, the
worker, and the environment at risk.
"PointMan Pro is an industry game changer as it completely
modernizes and streamlines siloed and disparate business practices
that have been in existence for decades," said Page Tucker, CEO and Founder of ProStar. "As
of today, it doesn't matter if you are a small surveying firm with
only a handful of employees, a municipality in a remote rural area
with limited resources, or a Fortune 500 company, PointMan Pro now
provides the geospatial world with the most precise, flexible,
scalable, and cost-effective enterprise mapping solution. Just like
Uber disrupted the transportation industry and Airbnb disrupted the
hospitality industry, we have developed a better, faster, and
cheaper solution and are now poised to disrupt the entire
infrastructure industry."
PointMan Pro was developed leveraging the most modern mobile and
cloud development platforms, including Microsoft Xamarin and Amazon
Web Services (AWS) in order to achieve seamless systems integration
as well as unmatched scalability, flexibility, security, and ease
of use. PointMan Pro is accessible from any browser running on a
standard laptop or mobile device and supports native applications
on iOS and Android. PointMan Pro was developed to be easily adopted
and support any sized business or government agency, anywhere in
the world, in any currency, and in any language. This means the
Company's corporate vision to entirely transform the infrastructure
industry by making our precision mapping solutions accessible to
anyone and achieve global expansion can now be realized.
"When I joined ProStar, I did so because I was very impressed
with what they had created, the clients that had been acquired, the
IP, and the opportunity it provided to disrupt an industry that in
my opinion, was ripe for disruption," said Vasa Dasan, COO of
ProStar. "After significant investment in time and resources, we
believe that we have developed a mobile mapping solution that
brings this tremendous opportunity to reality."
About ProStar® (TSXV: MAPS) (FSE:
5D00)
ProStar® is a world leader in Precision Mapping
Solutions®. ProStar's flagship product, PointMan, is
natively cloud and mobile and is offered as a Software as a
Solution (SaaS). ProStar's solutions seamlessly connects the field
with the office and provides the ability to precisely capture,
record, display, and manage critical infrastructure data in
real-time, including roads, railways, pipelines, and
utilities. ProStar's solution has been adopted by some of the
largest entities in North America,
including Fortune 500 construction firms, subsurface utilities
engineering (SUE) firms, utility owners, and government
agencies.
ProStar has strategic business partnerships with the world's
leading geospatial technology providers, data collection equipment
manufacturers, and their dealer networks, including
Trimble®, Juniper® Systems, Bad Elf,
Vivax-Metrotech, Radiodetection®, and
Subsite® Electronics.
The Company has made a significant investment in creating a vast
intellectual property portfolio that includes 19 issued patents in
the United States and Canada, with more pending. The patents protect
the methods and systems required to digitally capture, record,
organize, manage, distribute, and display the precise location of
critical infrastructure including, buried utilities and
pipelines.
ProStar's Executive management team has extensive experience in
the management of both early stage and Fortune 500 technology
companies in the private and public sectors. The leadership team
includes Vasa Dasan, former CTO of Sun Microsystems, Carl Lashua, previous Chief Information Officer
of HSBC Canada and Europe, and
Matthew Breman, prior Executive for
Disney.
For more information about ProStar, please visit:
www.prostarcorp.com.
Contact
Alex Moore
Investor Relations Support
investorrelations@prostarcorp.com
970-242-4024
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Cautionary Statements Regarding Forward-Looking
Information
This press release contains forward-looking information within
the meaning of Canadian securities laws. Such information includes,
without limitation, information regarding the terms and conditions
of the Company's future plans. Although the Company believes that
such information is reasonable, it can give no assurance that such
expectations will prove to be correct.
Forward-looking information is typically identified by words
such as: "believe", "expect", "anticipate", "intend", "estimate",
"postulate" and similar expressions, or are those, which, by their
nature, refer to future events. The Company cautions investors that
any forward-looking information provided by the Company is not a
guarantee of future results or performance, and that actual results
may differ materially from those in forward-looking information as
a result of various factors, including, but not limited to: the
state of the financial markets for the Company's securities; the
state of the technology sector; recent market volatility; the
COVID-19 pandemic; the Company's ability to raise the necessary
capital or to be fully able to implement its business strategies;
and other risks and factors that the Company is unaware of at this
time. The reader is referred to the Company's recent Information
Circular filed on SEDAR on November 20,
2020 for a more complete discussion of applicable risk
factors and their potential effects, copies of which may be
accessed through the Company's issuer page on SEDAR at
www.sedar.com.
The forward-looking statements contained in this press release
are made as of the date of this press release. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/prostar-poised-to-disrupt-the-infrastructure-industry-with-the-release-of-a-revolutionary-technology-301259212.html
SOURCE ProStar Corp