ProStar Hires Jason Martschuk as New VP of Sales for Canada

March 15, 2021

TSX Venture Exchange

Trading Symbol: MAPS

Frankfurt Stock Exchange

Trading Symbol: D500

GRAND JUNCTION, Colo., March 15, 2021 /PRNewswire/ — ProStar Holdings Inc. (“ProStar” or the “Company”) (TSXV: MAPS) (FSE: 5D00), a world leader in Precision Mapping Solutions™ is pleased to announce the Company has hired Jason Martschuk as the Company’s Vice President of Sales for Canada. Mr. Martschuk will be responsible for overseeing the sales of ProStar’s patented flagship mobile software application PointMan® for all of Canada. Mr. Martschuk’s responsibilities will be to utilize his extensive experience in sales, engineering, and geospatial technology to increase ProStar’s market awareness and footprint in Canada.

ProStar CEO and Founder Page Tucker commented, “We have strategically expanded both our sales and marketing teams so that we can start to expand our market penetration into Canada and abroad. Jason’s depth of experience as a seasoned sales executive in selling enterprise SaaS solutions combined with his expertise in geospatial technology and project management is a rare and very impressive combination. In addition, his experience with working for AMEC, Hexagon PPM, and most recently with Oracle makes him an incredibly valuable resource and I have no doubt his contribution will be immediate and measurable.”  

Jason Martschuk brings over 20 years of sales, GIS, and project management experience to ProStar Canada. As Executive Management for Oracle’s Construction and Engineering Global Business Unit for Western Canada, a Senior Sales Executive with Hexagon PPM, and as a GIS Specialist and Project Manager with AMEC.

“I look forward to expanding ProStar’s operations and increasing market share into Canada,” said Jason Martschuk. “When I first saw PointMan, I knew immediately that I was witnessing a technology that would forever change the industry and my career. I have been waiting for somebody to produce something like this for over 20 years, and now ProStar has done it. I am delighted to find a company that shares my vision and principles and provides such an incredible opportunity for me and my family.”

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, and offered as a SaaS recurring revenue model. ProStar’s solutions are 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 has strategic partnerships with the leading GPS/GNSS and cable and pipe locator manufactures as well as their dealer networks, including Trimble®, 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 several more pending. The patents protect the methods required to digitally capture, record, 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 Disneyworld Resorts.

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

Contact

Alex Moore
Investor Relations Support
[email protected]  
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.

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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