MAPS Prostar Holdings Inc

ProStar Holdings Inc. (“ProStar®” or the “the Company”) (OTCQB: MAPPF) (TSXV: MAPS) (FSE: 5D00), a world leader in Precision Mapping Solutions, is pleased to announce that the Tulsa Zoo has adopted ProStar’s solution, PointMan, to improve the management and maintenance of critical infrastructure and help protect over 3,000 animals living at the zoo.

"We have a nearly 100-year-old facility that functions very much like a city within a city. It is dynamic, with over 3,000 animals and a spiderweb of buried pipes and utilities," stated Cody Dunkin, Operations Manager for the Tulsa Zoo. "PointMan provides us the ability to easily and accurately map existing infrastructure for both maintaining our large facility and making informed decisions about future construction projects. The fact that all of our critical infrastructure data can now be stored in one place and is easily accessible when and where we need it provides a technology that we can't afford to live without."

The Tulsa Zoo is an 85-acre non-profit zoo located in Tulsa, Okla., United States. The Tulsa Zoo is owned by the City of Tulsa, but since 2010 has been privately managed by Tulsa Zoo Management, Inc. The zoo is located in Mohawk Park, one of the largest municipal parks in the United States.

“The signing of the Tulsa Zoo is quite significant for us on many fronts,” said Page Tucker, CEO and Founder of ProStar. “First, we now have clients of all sizes reaching out to us from many different market sectors and secondly, it proves our solution provides tremendous value to a wide span of users including construction companies, engineering firms, government agencies, municipalities, and even zoos. This is also further proof that our total addressable market is growing and very expansive.”  

About Tulsa Zoo:The Tulsa Zoo is Green Country’s largest paid daily attraction. The zoo is owned by the City of Tulsa and managed by Tulsa Zoo Management, Inc., a 501(c)(3) non-profit organization. For more information about the Tulsa Zoo, visit www.tulsazoo.org or call (918) 669-6600. 

Follow @TulsaZoo on Facebook, Instagram, Twitter, Pinterest and YouTube.  

Accredited by the Association of Zoos & Aquariums.  

For more information on Tulsa Zoo, please visit: tulsazoo.org  

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 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.

Contact:Alex Moore,Investor Relations970-822-4792Investorrelations@prostarcorp.com

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Forward-Looking StatementsThis 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. Such statements include, without limitation, statements with respect to the Company’s expected use of proceeds from the Offering and other forward-looking information. 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; the Company’s inability to apply the proceeds of the Offering as anticipated by management; 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/84b8aeff-b684-4223-8ed2-2f68c9e668af