GRAND JUNCTION, Colo.,
June 3, 2021 /CNW/ -- ProStar
Holdings Inc. ("ProStar®" or the "the Company") (TSXV: MAPS) (FSE:
5D00) a world leader in Precision Mapping Solutions®, is pleased to
announce that WSB, a national and award winning, US-based design
and consulting firm that specializes in providing infrastructure
services, has signed a service-level agreement (SLA) for
ProStar's cloud and mobile solution, PointMan®.
"ProStar's solution significantly improves workflow processes
and business practices that have been part of our industry for well
over 25 years," stated Frank
Schill, Pipeline Inspector at WSB. "Simply put, we
adopted PointMan because it makes our jobs easier, safer, and
creates efficiencies for our clients and partners."
WSB was recently recognized as one of Engineering News Record's
(ENR) Top 500 Design Firms, jumping 25 spots to #185 on the
nationally ranked list. The firm specializes in engineering,
community planning, environmental, and construction services. WSB's
operations span across the United
States. The firm prides itself on their forward-thinking
approach to delivering what's next in infrastructure and their
commitment to cutting-edge technology. WSB is among the first
national firms in the US to adopt ProStar's cloud and mobile
technology.
Page Tucker, President and CEO of
ProStar, stated today: "The fact that we are now seeing adoption
by large national construction and engineering and surveying firms
is a key indicator that we have developed a game changing
technology. These are the firms that take on the liabilities and
risk associated to not knowing the precise location of the buried
utilities and so the decision to adopt and implement a new
technology that replaces well entrenched business practices that
have been in place for decades is a major shift in the construction
space. I anticipate that several more major construction and
engineering and surveying firms will now follow in the path of
these early adopters."
About WSB
WSB is a design and consulting firm specializing in engineering,
community planning, environmental, and construction services. Our
staff of over 550 improve the way people engage with communities,
transportation, infrastructure, energy and our environment. We
offer services in over 30 complementary areas that seamlessly
integrate planning, design and implementation. Our coast-to-coast
client base is served from 15 offices throughout the United States.
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 Service (SaaS). ProStar's
solutions seamlessly connect 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. Some of the largest entities in
North America have adopted
ProStar's solutions, including Fortune 500 construction firms,
subsurface utilities engineering (SUE) firms, utility owners, and
government agencies.
ProStar has strategic business partnerships are 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.
Alex Moore
Investor Relations
970-822-4792
Investorrelations@prostarcorp.com
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.
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SOURCE ProStar Corp
