MAPS Prostar Holdings Inc

ProStar Holdings Inc. (“ProStar®” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce a technology integration with Leica Geosystems, part of Hexagon. The integration combines ProStar’s utility mapping software, PointMan®, and Leica Geosystems precision GPS/GNSS receivers for GIS asset data collection. The technology integration provides a precise and comprehensive data collection solution to capture, record, and display the precise location of critical underground infrastructure anywhere in the world with the Leica Geosystems receivers.

“It only makes good business sense to work with other software providers and create mutually beneficial business relationships throughout the geospatial industry,” said Jason Hooten, GIS Sales & Support Manager, Leica Geosystems. “PointMan is proven to be a best-in-class utility data collection software and complements our wide range of asset mapping and utility data collection solutions.”

The technology integration means that PointMan now supports Leica Geosystems receivers for mobile devices running the Google Android operating system and Apple iOS, including the popular Zeno FLX100 plus GNSS receiver.

“We are excited to work with Leica Geosystems and their business development team,” stated Page Tucker, CEO of ProStar. “The relationship adds significant value to our distribution network as Leica is recognized as a global leader in providing utility data collection solutions and precision GNSS receivers.”

Leica Geosystems – when it has to be rightWith more than 200 years of history, Leica Geosystems, part of Hexagon, is the trusted supplier of premium sensors, software, and services. Delivering value every day to professionals in surveying, construction, infrastructure, mining, mapping, and other geospatial content-dependent industries, Leica Geosystems leads the industry with innovative solutions to empower our autonomous future.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately 5.2bn EUR. Learn more at hexagon.com and follow us @HexagonAB. 

Contact:Leica GeosystemsKerry TriversKerry.trivers@hexagon.com T: +1 (770) 326-9500

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 18 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:Joel SutherlandInvestor Relations970-822-4792

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 InformationThis 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.