Press-2019 Archives

ACQ5 Announces ProStar as Winner of Three Awards

Sep 30, 2019 | Press-2019

UNITED KINGDOM–(BUSINESS WIRE)–ACQ5 Magazine has recognized ProStar Geocorp with three major ACQ5 awards for 2019. ACQ5 Global Awards honor firms and individuals whose activities set the standard for the global markets.

“Being recognized by ACQ5 with multiple awards for 2019 is a great honor,” said Page Tucker, CEO. “Anytime our company is recognized is rewarding and to get global recognition means that much more.”

ProStar won Growth Technology Company of the Year for its Geospatial Software Development, Technology Company of the Year and Game Changer of the Year. ProStar is also the featured cover story for the latest publication of ACQ5 Magazine honoring the global winners.

“Experts whose intimate knowledge and expertise in the corporate, cultural, financial and legal arenas are redefining our industry,” says Jake Robson, Group Editor of The ACQ5. “The 2019 ACQ5 Global Award winners represent the best of breed in all industry sectors and have earned these honors by standing out in a group of very impressive finalists.” The nature of the industry is changing, and this year we have made fundamental changes to the categories in our ACQ5 Global Awards to reflect this. Mr. Robson went on to say, “The main purposes of these changes are to focus on organizations and individuals that can demonstrate an ability to deliver services and skills to meet clients’ needs and adapt to market and regulatory conditions. We also consider candidates that may not always be global in scale, but are truly world-class in the way they are run and in the services they deliver to clients.”

Read the full article here at Business Wire.

ProStar Hires Peter Srajer as Chief GIS Scientist

Sep 19, 2019 | Press-2019

ProStar Geocorp announced today that the company has hired Peter Srajer as the company’s new Chief GIS Scientist. Mr. Srajer will be responsible for managing critical technologies of ProStar’s Solution, including GPS, augmented reality and machine learning, all of which are fundamental to the company’s vision, growth and success.

“I am very excited to join ProStar,” said Mr. Srajer. “Today, more than ever, rapid changes in technology including GPS, AI, Machine Learning and mobile applications play a critical role in enabling business transformation and competitive advantages. I look forward to leveraging my experience and playing a key role in continuing the momentum that has been created by a very talented team.”

Prior to joining ProStar, Mr. Srajer’s projects have involved the design, development, commercialization, and installation of technology projects ranging from geospatial software applications to specialized hardware & firmware in support of machine learning and augmented and virtual reality. He has extensive experience with high technology engineering and project management as well as research and development work in high precision GPS including the design and implementation of signal tracking and acquisition algorithms.

ProStar COO Vasa Dasan commented, “With the addition of Peter Srajer, we are well-positioned to disrupt the geospatial industry. Peter’s track record is impressive and makes him uniquely qualified to contribute to both our technical and product growth. I have no doubt that he will add immediate and significant value.”

Read the full article here at Business Wire.

ProStar Awarded A Major Canadian Patent

Jun 17, 2019 | Podcasts & Videos, Press, Press-2019

ProStar Geocorp awarded major Canadian patent for collecting and updating geographical location data of buried utilities and pipelines. The Canadian patent number 2875184 is described as a system and method of collecting and updating geographical data and includes the process for capturing and collecting location data of buried utilities and pipelines using data collection devices and GPS.

Watch above or here at Investment Pitch.

Doxa and ProStar Execute Definitive Merger Agreement

May 29, 2019 | Podcasts & Videos, Press, Press-2019

Doxa Energy Ltd and ProStar Geocorp Inc. jointly announce that further to their joint press release dated November 7, 2018, the Company, ProStar and Doxa Merger Corp. (“Doxa Subco”), a wholly-owned subsidiary of the Company, have entered into a definitive merger agreement dated May 21, 2019. The proposed transaction, pursuant to the Merger Agreement, will result in a reverse takeover of Doxa by ProStar in accordance with the policies of the TSX Venture Exchange.

Watch at InvestmentPitch

ProStar Named ’30 Best Leaders to Watch’

May 9, 2019 | Press-2019

GRAND JUNCTION, Colo.–(BUSINESS WIRE)–The Silicon Review Magazine has recognized ProStar Geocorp as 2019 Best Leader to Watch. ProStar’s flagship solution is Transparent Earth®, a natively Cloud and Mobile solution offered as Software as a Service. Transparent Earth is designed to improve the management of infrastructure by providing unprecedented geospatial intelligence and transparency. According to Silicon Review, ProStar has developed a precision mapping solution that is revolutionizing the way we view the world.

“Being recognized as one of the 30 Best Leaders to Watch for 2019 is a great achievement,” said Page Tucker, CEO, upon receiving the award. “To be recognized as the leader in your respective industry is validation that we are making progress and remain on track.”

Read full article here at Business Wire.

ProStar Achieves SOC Compliance

Apr 25, 2019 | Press-2019

GRAND JUNCTION, Colo.–(BUSINESS WIRE)–ProStar Geocorp, provider of Precision Mapping Solutions™, announced today that the company has formally achieved Type 2 and 3 Service Organization Control (SOC) compliance. The Moore Group conducted the audit finding that ProStar Geocorp meets or exceeds SOC standards for Security, Availability and Confidentiality Trust Services Principles.

“Our highest priority is keeping our customers’ information and important data safe and secure,” said Vasa Dasan, Chief Operating Officer, ProStar Geocorp. “Achieving SOC certification means we’ve met a required level of standard for processes and practices across our entire organization. Our certified compliance is a proven symbol of our ongoing commitment to the security of our clients’ data so they can focus on the important task of growing and maintaining their businesses.”

Developed by the American Institute of Certified Public Accountants (AICPA), SOC certification is critical to service organizations and is recognized as a gold standard for data security.

Read more about ProStar’s SOC Achievement here at Business Wire.

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