ProStar (TSX-V: MAPS; OTCQX: MAPPF)
Update Shows Significant Progress with Customer Growth
May 4, 2022
TSX Venture Exchange
Trading Symbol: MAPS
OTCQX
Trading Symbol: MAPPF
ProStar has experienced significant customer growth over the last 15 months and, more importantly, it has a churn of zero; meaning Prostar has only expanded the number of licenses with its customers. The Colorado Department of Transportation (CDOT) has mandated the use of ProStar’s software. Several companies use the free version today, but eventually, the company will be able to monetize those licenses. ProStar’s customers have grown from two, prior to the time of going public (CDOT and one of the largest construction companies in North America), to 23 today.
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Questions Regarding ProStar’s Initiation of Coverage Report – Please Contact:
Joel Sutherland
Investor Relations
970-986-6502
[email protected]
