ProStar and Radiodetection Collaborate to Offer a Dynamic Packaged Solution

ProStar and Radiodetection Collaborate to Offer a Dynamic Packaged Solution

ProStar and Radiodetection Collaborate to Offer a Dynamic Packaged Solution

November 6, 2023

TSX Venture Exchange

Trading Symbol: MAPS

OTCQX

Trading Symbol: MAPPF

GRAND JUNCTION, Colo., Nov. 06, 2023 (GLOBE NEWSWIRE) — ProStar Holdings Inc., (“ProStar ® ” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions, is pleased to announce that ProStar and Radiodetection, a division of SPX Technologies, Inc. (NYSE: SPXC), have entered into a commercial business collaboration, whereby ProStar has granted Radiodetection a non-exclusive worldwide license to distribute PointMan and the rights to use PointMan to support the sale of Radiodetection utility locators.

Radiodetection is a world leader in the management of critical infrastructure and utilities, providing equipment and solutions designed to prevent damage and manage critical underground assets.

“We are delighted to collaborate with ProStar and to offer PointMan as part of a dynamic packaged solution now offered with our equipment,” stated Thomas Turner, Product Management & Marketing Director of Radiodetection. “We recognize PointMan as being a leader in utility data collection software and the significant value that is provided by combining PointMan with our product line of utility locators.”

ProStar is a world leader in the development of cloud and mobile precision mapping solutions designed to capture, record, and display the precise location of critical infrastructure. PointMan® software application is integrated with Radiodetection’s products, and the parties have agreed that Radiodetection will sell PointMan together with Radiodetection’s hardware as a package and/or separately as a software product.

“This marks a major milestone for us as Radiodetection is a world leader and a globally recognized brand name that provides us with a tremendous amount of exposure through their expansive distribution network that literally covers every region of the world,” stated Page Tucker, CEO of ProStar. “I think it is sufficient to say that this collaboration not only establishes PointMan as the leading provider of precision mapping solutions, but it also provides the industry a game changing solution for all stakeholders involved in the construction, maintenance and management of buried infrastructure.”

About Radiodetection:

Radiodetection is a world leader in the manufacture of cable and pipe locators for locating and tracing buried critical infrastructure and utilities. Together with sister companies Sensors & Software and Schonstedt, it provides equipment and solutions, designed to prevent damage, manage assets and protect lives; with a globally recognized range of tools and digital equipment dating back to 1977.

For more information, please visit www.radiodetection.com

About ProStar:

ProStar is a world leader in Precision Mapping Solutions and is creating a digital world by leveraging the most modern GPS, cloud, and mobile technologies. ProStar is a software development company specializing in developing patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. ProStar’s flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earth’s surface.

ProStar’s PointMan is offered as a Software as a Service (SaaS) and seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, 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 with the world’s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks. The Company has made a significant investment in creating a vast intellectual property portfolio that includes 18 issued patents in the United States and Canada. 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.

For more information about ProStar, please visit www.prostarcorp.com .

Contact:
Joel Sutherland
Investor Relations
970-822-4792

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 Annual Management’s Discussion & Analysis filed on SEDAR + on April 21, 2023, 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.sedarplus.ca . 

Read the Full Article at TMX.

Sequire Spotlight Presents Prostar Holdings Inc (MAPPF): Revolutionizing Infrastructure Management

Sequire Spotlight Presents Prostar Holdings Inc (MAPPF): Revolutionizing Infrastructure Management

Sequire Spotlight Presents Prostar Holdings

October 26, 2023

TSX Venture Exchange

Trading Symbol: MAPS

OTCQX

Trading Symbol: MAPPF

Sequire Spotlight Presents Prostar Holdings Inc (MAPPF): Revolutionizing Infrastructure Management

Host Jon Najarian interviews CEO, Page Tucker, opening up about the world’s most precise mapping system.

Jon Najarian is a professional investor, money manager, and media analyst. For 16 years, Jon was a regular contributor to a variety of CNBC programs, including Worldwide Exchange, The Halftime Report, Fast Money, and Power Lunch. Today, you can catch Jon on Fox Business and Market Rebellion. In this recent interview with Prostar CEO and Founder, Page Tucker, Jon discusses ProStar’s revolutionary solution addressing the serious issue regarding our Nation’s buried utility infrastructure.

Ohio Cumberland Gas Company Adopts PointMan to Enhance Their Gas Line Operations

Ohio Cumberland Gas Company Adopts PointMan to Enhance Their Gas Line Operations

Ohio Cumberland Gas Company Adopts PointMan to Enhance Their Gas Line Operations

October 16, 2023

TSX Venture Exchange

Trading Symbol: MAPS

OTCQX

Trading Symbol: MAPPF

Grand Junction, Colo., October 16, 2023 (GLOBE NEWSWIRE) — ProStar Holdings Inc., (“ProStar®” or the “Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce that Ohio Cumberland Gas Company (“Ohio Cumberland”), has adopted ProStar’s precision mapping technology, PointMan® to enhance the management of their gas service and distribution lines.

 “Knowing the location of our assets is critical to the success of our operations and servicing our customers,” stated Austin Stritmatter, VP of Ohio Cumberland Gas Co. “We believe PointMan will be an ideal solution to help transition us from paper maps, which have serious limitations, to precise digital mapping records of our entire utility infrastructure.”

 Established in 1906, Ohio Cumberland is a privately owned natural gas public utility. Ohio Cumberland currently has over 300 miles of gathering and distribution lines servicing parts of Knox, Ashland, Coshocton, Holmes, Licking, Morrow, and Richland counties. They serve about 2400 residential, commercial, and industrial customers. As a public utility, Ohio Cumberland is subject to the supervision and jurisdiction of the Public Utilities Commission of Ohio and the United States Department of Transportation.

 “PointMan is specifically designed to help transition companies like Ohio Cumberland Gas away from paper maps to a cloud and mobile digital mapping solution, which aims to improve operations and address safety and environmental concerns,” stated Page Tucker, CEO of ProStar.

 The Company is also pleased to announce that it has engaged Independent Trading Group (ITG), Inc. (“ITG”), an arm’s length party to the Company, to provide market making services with the objective of maintaining a reasonable market and improving the liquidity of the Company’s securities.

Under the agreement dated April 1, 2023, ITG will trade the common shares of ProStar® on the TSX Venture Exchange (the “TSXV”). The engagement has an initial term of three month and will renew for subsequent one-month terms, unless either party provides 30 days written notice prior to the end of a term. The Company will pay ITG a $5,000 fee plus applicable taxes on the first business day of each month, for as long as the agreement is in force. At the time the parties entered into the agreement ITG did not own any securities of the Company; however, ITG has since acquired a direct interest in the securities of the Company. There are no performance factors contained in the agreement between ITG and the Company and ITG will not receive any shares or options from the Company as compensation for services it will render. The capital used for market making will be provided by ITG and will be done in accordance with TSXV policies and securities laws. The agreement is subject to acceptance for filing by the TSX Venture Exchange. 

Finally, the Company announces it has agreed to issue an aggregate of 241,006 common shares of the Company (the “Settlement Shares”) at a price of C$0.34 per share in settlement (the “Debt Settlement”) of payment owed pursuant to a production and broadcasting agreement with New to the Street Group LLC, totaling USD$60,000.

The Debt Settlement is subject to TSXV approval. The Settlement Shares will be subject to a statutory hold period of four months from the date of issuance, in accordance with applicable securities legislation.

 

About Ohio Cumberland:

Ohio Cumberland is a privately owned natural gas public utility that was established in 1906. Originally known as the Upham Gas Company, underwent an ownership change in 1944, and subsequently was purchased in 1980 by the Ramser family. As a public utility, Ohio Cumberland is subject to the supervision and jurisdiction of the Public Utilities Commission of Ohio and the United States Department of Transportation.

 

About Independent Trading Group (ITG), Inc.

ITG is a Toronto-based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors. 

 

About ProStar: 

ProStar is a world leader in Precision Mapping Solutions and is creating a digital world by leveraging the most modern GPS, cloud, and mobile technologies. ProStar is a software development company specializing in developing patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. ProStar’s flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earth’s surface. 

 

ProStar’s PointMan is offered as a Software as a Service (SaaS) and seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, 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 with the world’s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks. The Company has made a significant investment in creating a vast intellectual property portfolio that includes 18 issued patents in the United States and Canada. 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. 

 For more information about ProStar, please visit www.prostarcorp.com.

On behalf of the Company,
Page Tucker on sales / corporate news releases, CEO and Director

Contact:
Joel Sutherland
Investor Relations
970-822-4792
[email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept 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 Annual Management’s Discussion & Analysis filed on SEDAR + on April 21, 2023, 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.sedarplus.ca.

Read the Full Article at Yahoo Finance.

2022 DIRT Report

2022 DIRT Report

CGA and its Data Reporting & Evaluation Committee uses the data submitted to DIRT to produce DIRT Annual Reports, on-line interactive dashboards, and supplemental reports and tools providing a comprehensive accounting and analysis of excavation-related damages (and near miss events) to buried infrastructure in the U.S. and Canada.
Click here to access these materials: https://cga-dirt.com/annual/.

Read the full report below!

Bluestone Archaeology Adopts PointMan to Map Roman Archaeological Remains

Bluestone Archaeology Adopts PointMan to Map Roman Archaeological Remains

Bluestone Archaeology Adopts PointMan to Map Roman Archaeological Remains in UK

September 25, 2023

TSX Venture Exchange

Trading Symbol: MAPS

OTCQX

Trading Symbol: MAPPF

GRAND JUNCTION, Colo., Sept. 25, 2023 (GLOBE NEWSWIRE) — ProStar Holdings Inc., (“ProStar®” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce that Bluestone Archaeology, a non-for-profit, community interest company (CIC), has adopted ProStar’s precision mapping technology, PointMan®.

“We are pleased to announce that ProStar Holdings is making available its PointMan surveying software to help our excavation team accurately survey complex archaeological features using high-accuracy GPS satellite technology,” stated Stephen Baldwin, Director of Excavations. “The team is working with ProStar Holdings with the aim of adapting the PointMan for archaeological use.”

Bluestone Archaeology has been excavating a recently discovered coastal Roman Fort in Burscough, near Liverpool in the UK. Spectacular geophysics confirmed the site to be an auxiliary Roman Fort covering an area of around 5 acres (2 hectares). The fort is thought to be an invasion fort that held around 1,000 Roman soldiers and a cavalry unit that patrolled the hinterland of the fort.

“It is very exciting to see that PointMan adds tremendous value outside of our core business, including archaeology, where we can provide valuable results that will further the knowledge of the Roman military occupation of North-West Britain in the 1st and 2nd centuries AD,” stated Page Tucker, CEO of ProStar. “Our PointMan application is designed to precisely capture, record, and display the precise location of critical buried objects, and although our focus is critical infrastructure, there are obviously other valuable use cases that go well beyond that, including archaeology.”

About Bluestone Archaeology:

Bluestone Archeology helps communities research and investigate their local heritage and archeology, along with assisting private residential and housing development companies on how to mitigate archaeological issues. Bluestone has recently discovered a coastal Roman Fort in Burscough, near Liverpool in the United Kingdom, and has adopted PointMan to enhance their archaeological operations.

About ProStar:

ProStar is a world leader in Precision Mapping Solutions and is creating a digital world by leveraging the most modern GPS, cloud, and mobile technologies. ProStar is a software development company specializing in developing patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. ProStar’s flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earth’s surface.

ProStar’s PointMan is offered as a Software as a Service (SaaS) and seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, 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 with the world’s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks. The Company has made a significant investment in creating a vast intellectual property portfolio that includes 18 issued patents in the United States and Canada. 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.

For more information about ProStar, please visit www.prostarcorp.com.

Contact:
Joel Sutherland
Investor Relations
970-822-4792

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 Annual Management’s Discussion & Analysis filed on SEDAR + on April 21, 2023, 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.sedarplus.ca.

Read the Full Article at TMX.

South Shore Utility Adopts ProStar’s Solution to Help Expand Their Market

South Shore Utility Adopts ProStar’s Solution to Help Expand Their Market

South Shore Utility Adopts ProStar’s Solution to Help Expand Their Market

September 14, 2023

TSX Venture Exchange

Trading Symbol: MAPS

OTCQX

Trading Symbol: MAPPF

GRAND JUNCTION, Colo., Sept. 14, 2023 (GLOBE NEWSWIRE) — ProStar Holdings Inc., (“ProStar®” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce that South Shore Utility, an underground utility locate company, has adopted ProStar’s precision mapping technology, PointMan®.

“We have always taken great pride in being a leader in the industry and providing our clients with the best-in-class utility locating services by leveraging the most modern technologies,” stated Bob Freed, President of South Shore. “With PointMan, we increase the value we provide to our clients and continue to set our company apart from the other utility locate providers.”

South Shore specializes in serving universities, municipalities, school systems, and commercial fiber carriers and offers both contract and private utility locating along with GIS and GPR services. Operating in the state of Ohio and its surrounding areas, South Shore’s overarching objective has been to enhance the quality of its deliverables, expand its service portfolio, and establish itself as a technology leader in utility locating throughout Ohio.

“We are transforming an industry that is well entrenched in old and antiquated business practices”, stated Page Tucker, CEO of ProStar. “That is a tall order and only made possible through the adoption of our solution by companies like South Shore that are willing to be a driver in change and help lead the way.”

About South Shore Utility Inc.

South Shore Utility. is an underground utility locating and mapping company that provides service to the state of Ohio and the surrounding areas. In addition, South Shore Utility provides contract locating services for public utility companies, school districts, hospitals, and airports. They also provide private utility locating services for commercial excavators, engineering firms, and individual home and property owners who aren’t covered under the “one call system.”

To learn more, visit: www.ssulinc.com

About ProStar:

ProStar is a world leader in Precision Mapping Solutions and is creating a digital world by leveraging the most modern GPS, cloud, and mobile technologies. ProStar is a software development company specializing in developing patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. ProStar’s flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the lifecycle management of critical infrastructure assets both above and below the Earth’s surface.

ProStar’s PointMan is offered as a Software as a Service (SaaS) and seamlessly connects the field with the office and provides the ability to precisely capture, record, display, and manage critical infrastructure, 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 with the world’s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks. The Company has made a significant investment in creating a vast intellectual property portfolio that includes 18 issued patents in the United States and Canada. 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.

For more information about ProStar, please visit www.prostarcorp.com.

Contact:
Joel Sutherland
Investor Relations
970-822-4792

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 Annual Management’s Discussion & Analysis filed on SEDAR + on April 21, 2023, 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.sedarplus.ca.

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