ProStar Q2 2023 Investor Conference Call
ProStar (MAPS) Q2 2023 Investor Conference Call
August 16, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
August 16, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
August 08, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
GRAND JUNCTION, Colo., Aug. 08, 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 the hiring of Louis Suchy as Chief Technology Officer. As CTO, Mr. Suchy’s responsibilities include implementing new technologies to increase competitive advantages and profitability and driving a continuous improvement strategy for ProStar’s flagship product, PointMan.
Mr. Suchy is a technology leader who drives strategy and vision for optimal outcomes by executing thoughtful roadmaps. He has a proven track record of pushing the bounds of possibility and addressing customer pain points with technical solutions.
“I am really excited to be joining ProStar and to play a role in taking the company to the next level of operations,” stated Mr. Suchy. “My passion is working with early-stage companies and helping them attain their goals, and what ProStar has developed is impressive, they have put together a great team, and now we just need to execute.”
Louis Suchy is a visionary and technology leader who excels in developing and executing strategic initiatives that drive innovation and propel businesses into exponential growth. Mr. Suchy has over 20 years of experience in the technology sector in diverse industries, including Education, Information Security, and Life Sciences. Prior to joining ProStar, Louis held key leadership positions at several technology companies, including Kaplan, Prolexic, and Akamai, where he spearheaded product development that disrupted markets and increased revenues. Mr. Suchy holds a BS degree in Computer Science from Lewis University and an MBA from Kaplan University.
“Mr. Suchy is a welcome addition to our team and has a proven track record of leading technology companies to operational excellence,” stated Page Tucker, CEO and founder of ProStar. “He has managed companies and helped them to scale and realize exponential growth.”
About ProStar:
ProStar is a world leader in Precision Mapping Solutions and is creating a digital world by further integrating the most modern GPS, cloud, and mobile technologies in Precision Mapping Solutions. ProStar is a software development and solution provider company specializing in developing 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 pipelines and utilities. Some of the largest entities in North America have adopted ProStar’s Precision Mapping 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 dealer networks.
The Company has made a significant investment in creating a vast intellectual property portfolio that includes several issued patents in the United States and Canada. The patents protect the methods and systems 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.sedar.com.
Read the Full Article at TMX.
July 11, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
Shares in underground mapping technology specialist ProStar [TSXV: MAPS] are on the move, trading up over 57% since April. Stock jumped off the 16 cents level in mid-April to close in Canada at 33 cents on Friday. Shares are already trading at a 52 week high.
ProStar made its name as a provider of data for engineering companies seeking a more accurate picture of underground infrastructure, especially in the North American market. The company announced a new private placement at the end of last week, at a price of 30 cents per unit on a bundled offering of shares and warrants. Pro Star said it was aiming to raise CAD 2.5m via the placement.
ProStar’s proprietary PointMan technology is offered as a Software as a Service (SaaS) and seamlessly connects engineers in the field with their offices and provides them with the ability to precisely capture, record, display, and manage critical infrastructure, including pipelines, and utilities.
Some of the largest entities in North America have adopted ProStar’s precision mapping 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 dealer networks.
ProStar has made a significant investment in creating a vast intellectual property portfolio that includes several issued patents in the United States and Canada. The patents protect the methods and systems to digitally capture, record, organise, manage, distribute, and display the precise location of critical infrastructure, including buried utilities and pipelines.
Ski Resort Deal
Last month ProStar announced its latest commercial deal, as the Village of Taos Ski Valley adopted ProStar’s PointMan solution for its underground infrastructure emergency rapid response. The resort faced an unexpected early closure during the 2022-2023 ski season due to emergency water leaks in their system.
The unfortunate incident was exacerbated by the lack of accurate location data of its highly complex buried utility network, a common issue in mountain resorts. The premature water shutdown impacted both the ski resort and the village residents. To help mitigate future disruptions to business operations and its residents, the resort has adopted PointMan to precisely map its underground infrastructure, minimising the impact of any future incidences.
“An incident like this is obviously devastating for any ski resort and its residence,” explained Page Tucker, CEO of ProStar. “Inaccurate records of utility locations is a growing concern that impacts a broad range of industries around the world, and PointMan is proving to be an easy to use, best-in-class solution that addresses this growing concern for any size entity including Fortune 500 firms, government agencies to ski resorts.”
New Patent Granted in Canada
On the patents front, ProStar confirmed in April that Canadian Patent No. 3,114,919, prepared and prosecuted by Lewis Roca, has been granted to the company. The patent is directed to a mobile device designed to collect digital utility asset data, including location data, in a more timely and efficient manner which helps to prevent damages to utilities and the environment during critical infrastructure construction, repair, and groundbreaking activities.
The patent covers a portable electronic device for utility data collection. The portable device may be a mobile phone, a laptop computer, a locator, and a personal digital assistant (PDA) and includes an antenna; and a data collection device to detect a signal from an installed utility asset. A location-determining device is coupled to the data collection device for determining a location of the installed utility asset.
Read the Full Article at THE ARMCHAIR TRADER.
April 22, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
Visit ALPHA WOLF TRADING
January 23, 2023
Trading Symbol: MAPS
Trading Symbol: MAPPF
GRAND JUNCTION, Colo., Jan. 23, 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 Safe2core Inc has adopted ProStar’s solution, PointMan® to enhance their operations and provide the most accurate and timely deliverables to their clients.
“It is very apparent that locating utilities is moving away from just placing paint marks on the ground and into the digital era where much higher data quality standards, including geospatial precision, will be required,” stated Antonio Guzman, COO Safe2core. “We explored several options, and it became quite clear that PointMan provided exactly what we needed in order to help us transition into the new digital era and to remain an industry leader in providing utility damage prevention services.”
Safe2core Inc specializes in Ground Penetrating Radar (GPR)/Concrete Scanning, Concrete Cutting (Slab Sawing, Wall Sawing, and Core Drilling), Underground Utility Locating, and CCTV Pipeline Inspection. With over 45 years of combined experience, Safe2core has been solving many complex cases for their customers in all types of projects, from small residential renovations to multimillion-dollar projects.
“We are seeing a significant increase in the adoption of PointMan from companies like Safe2core that realize that the utility locating industry is being transformed by modern technology. History shows that whenever an industry experiences a significant transformation, a few will lead the way, others will follow, and some will simply be left behind,” stated Page Tucker, CEO of ProStar. “It is great to see companies like Safe2core adopt PointMan and recognize it is transformative.”
About Safe2core
SAFE2CORE personnel have more than 40 years of combined experience in Concrete Scanning, Concrete Cutting, Utility Locating, and CCTV Pipeline Inspection. Their technicians have inspected a wide array of concrete structures, varying from simple inspections, such as locating rebar on concrete walls, to locating post-tension cables in highly complex structural concrete slabs. Their Concrete Cutting operators work in tandem with their Concrete Scanning technicians to insure that no damage is caused to any structural reinforcement or any other embedded targets when destructive work is performed.
Post-tensioning structural concrete is their specialty. Their staff has been trained and certified by the Post-Tensioning Institute. Their personnel has a unique and profound understanding of how (post-tension cables) behave within a structural slab, which, combined with their extensive practical and theoretical knowledge of Ground Penetrating Radar (GPR) allows them to perform tasks quickly and efficiently. Their expertise translates into considerable “added value” and cost savings to their clients in all projects we undertake.
To learn more about Safe2core, visit: www.safe2core.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 dealer networks.
The Company has made a significant investment in creating a vast intellectual property portfolio that includes 20 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 14, 2022, 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.
Read the Full Article at TMX.
February 1, 2022
OTCQX
Trading Symbol: MAPPF
TSX Venture Exchange
Trading Symbol: MAPS
In this Alpha Wolf trading interview, you will hear why Matt Dragon has become the Director of Sales at ProStar Inc, Stock symbol MAPPF. You also hear why Matt believes that PointMan will become the ” De Facto standard” for identifying our utility infrastructure with centimeter accuracy, recording, and uploading a digital footprint to the cloud with any mobile device. Our underground infrastructure is responsible for an estimated 30-61 billion costs to this country due to accidental utility strikes. Around five hundred thousand annually, and that number continues to climb. We continue to lay fiber, electricity, and gas to the 35 million miles of utilities we already have buried underground with no clear digital footprint letting us know where they are. This is a MASSIVE problem. Matt is going to help the industry realize that ProStar has the solution. PointMan is not just a bandaid but an enterprise software and viable solution that will change the industry and protect our environment, citizens, and workers for decades to come.
Visit ALPHA WOLF HERE.