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 Safe2coreSAFE2CORE 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 DirectorContact:Joel SutherlandInvestor
Relations970-822-4792Investorrelations@prostarcorp.com
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.
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