ProntoForms completes name change to TrueContext Corporation
November 28 2023 - 6:00AM
ProntoForms Corporation (TSXV: PFM) (the “Company”), the global
leader in field intelligence, announced today that it has filed
Articles of Amendment to change its name to TrueContext Corporation
effective November 28, 2023. Commencing on this date, the
Ottawa-based SaaS company will be conducting business under the new
name. The Company expects to change its ticker symbol to TCXT on
the TSX Venture Exchange (“TSX-V”) effective December 5, 2023
subject to the approval of the TSX-V. Earlier this month, its
wholly-owned subsidiary, ProntoForms Inc., completed its legal name
change to TrueContext Inc. The Company also launched its new
website at truecontext.com.
This announcement comes on the back of a larger
rebrand initiative, launched to align the corporate identity with
continuing product development in response to the evolving needs of
the global field service landscape. Over the last decade, the
Company made significant leaps in product capability and
functionality and has since grown to encompass a much larger scope
than mobile forms. While staying true to its brand promise of rich
user experience for connected field teams, the product has
flourished into more technologically advanced enterprise
applications, such as deep analytics and AI integrations.
“TrueContext – our founding name – is the next
logical step for our corporate brand, reflecting the essence of
what we do for field service environments across the globe. We no
longer just digitize paper processes; we automate workflows for
field service professionals. We provide a single source of truth to
technicians in the field, allowing them to leverage adaptive
workflows for accuracy, productivity, and precision. Our product
also enables enterprises to harness the power of data – so they can
know more, do more, and be more with field intelligence,” Founder
and co-CEO Alvaro Pombo commented.
“The TrueContext brand better represents the
product's sophistication and position in the market. The new
identity is a statement of what the Company has grown to be and its
mission to maintain its place as an industry leader through
constant product innovation,” Philip Deck, co-CEO, added.
About the Company
The Company is the global leader in field
intelligence. The product’s field workflows and data collection
capabilities enable enterprise field teams to optimize
decision-making, decrease organizational risk, maximize the uptime
of valuable assets, and deliver exceptional service experiences.
Over 100,000 subscribers use the Company’s product across multiple
use cases, including asset inspection, compliance, installation,
repair, maintenance, and environmental, health & safety with
quantifiable business impacts.
The Company is based in Ottawa, Canada, and
currently trades on the TSXV under the symbol PFM. ProntoForms and
TrueContext are registered trademarks of TrueContext Inc., a
wholly-owned subsidiary of the Company.
For additional information, please contact:
Alvaro Pomboco-Chief Executive Officer TrueContext Corporation
613.599.8288 ext. 1111 apombo@truecontext.com |
Philip Deckco-Chief Executive Officer TrueContext Corporation
416.702.3974pdeck@truecontext.com |
Dave CroucherChief Financial OfficerTrueContext Corporation
613-286-9212dcroucher@truecontext.com |
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Certain information in this press release may
constitute forward-looking information. For example, the statement
about the Company’s planned change of ticker symbol is
forward-looking information. This information is based on current
expectations that are subject to risks and uncertainties that are
difficult to predict. The name change is subject to receipt of a
certified copy of the Articles of Amendment from the Ontario
Ministry of Public and Business Service Delivery. The ticker symbol
change remains subject to approval by the TSX Venture Exchange. The
Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those reflected in the forward looking-statements
unless and until required by securities laws applicable to the
Company.
Neither 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.
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