GRAND JUNCTION, Colo.,
March 5, 2021 /CNW/ -- ProStar
Holdings Inc ("ProStar" or the "Company") (TSXV: MAPS) is pleased
to report that the Company's CEO and Founder, Page Tucker and the ProStar team
joined Arne Gulstene, Head, Company Services, TMX Group, to
celebrate the Company's listing on the Toronto Stock Exchange (TSX)
Venture Exchange by ringing the bell to open the market today.
ProStar™ is a world leader in Precision Mapping Solutions™. The
Company's flagship product, PointMan®, improves the
business operations of industries involved in
the construction, maintenance, upgrade and repair of surface
and subsurface infrastructure. ProStar's clients
include Fortune 500 construction firms, government
agencies, energy companies, and engineering and surveying
firms in North America and
Europe.
"For any company it would be considered an honor and a
privilege to ring the opening bell, and today is no
exception," said Page
Tucker, CEO and founder of ProStar. "This occasion marks
a major milestone for us that required a great deal of effort and
commitment from so many stakeholders as well as the TMX and albeit
a virtual event due to the pandemic, it is still a momentous
occasion."
What You Should Know 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,
offered as a Software as a Solution (SaaS). ProStar's solutions are
being adopted by some of the largest entities in North America, including Fortune 500
construction firms, the largest subsurface utilities engineering
(SUE) firms, and government agencies.
ProStar's strategic partnerships are with leading geospatial
technology and data collection equipment manufactures and their
dealer networks, including Trimble® (NASDAQ: TRMB),
Juniper® Systems, 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
buried utilities and pipelines.
ProStar's Executive management team has extensive experience in
both early stage and Fortune 500 companies, TSX and TSX.V listed
enterprises, and in geospatial, cloud and mobile technologies.
ProStar's 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.
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SOURCE ProStar Corp