Colorado Department of Transportation Signs New Contract With ProStar Following Initial Five-Year Term
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) has announced that the Colorado Department of Transportation (CDOT) has extended its contract for ProStar's PointMan® software following a successful initial 5-year term. The renewal demonstrates CDOT's recognition of PointMan's value in managing critical infrastructure along interstate and railway right-of-ways, particularly in terms of damage prevention, construction management, efficiency, accuracy, and safety.
As part of the new contract procurement, ProStar was vetted and approved by Carahsoft Technology Corp., a trusted government IT solutions provider. This approval simplifies the procurement process for public sector organizations and potentially opens doors for broader adoption of PointMan by other government agencies across the U.S. and Canada.
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) ha annunciato che il Dipartimento dei Trasporti del Colorado (CDOT) ha rinnovato il suo contratto per il software PointMan® di ProStar, dopo un iniziale periodo di 5 anni di successo. Il rinnovo dimostra il riconoscimento da parte del CDOT del valore di PointMan nella gestione delle infrastrutture critiche lungo i diritti di modo delle autostrade e delle ferrovie, in particolare per quanto riguarda la prevenzione dei danni, la gestione dei cantieri, l’efficienza, l’accuratezza e la sicurezza.
Come parte della nuova procedura di approvvigionamento del contratto, ProStar è stata verificata e approvata da Carahsoft Technology Corp., un fornitore di soluzioni IT affidabile per il governo. Questa approvazione semplifica il processo di approvvigionamento per le organizzazioni del settore pubblico e potrebbe aprire la strada a una più ampia adozione di PointMan da parte di altre agenzie governative negli Stati Uniti e in Canada.
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) ha anunciado que el Departamento de Transporte de Colorado (CDOT) ha renovado su contrato para el software PointMan® de ProStar tras un exitoso periodo inicial de 5 años. La renovación demuestra el reconocimiento del CDOT al valor de PointMan en la gestión de infraestructura crítica a lo largo de los derechos de paso de carreteras interestatales y ferrocarriles, especialmente en términos de prevención de daños, gestión de la construcción, eficiencia, precisión y seguridad.
Como parte de la nueva adquisición del contrato, ProStar fue evaluada y aprobada por Carahsoft Technology Corp., un proveedor confiable de soluciones de TI para el gobierno. Esta aprobación simplifica el proceso de adquisición para las organizaciones del sector público y potencialmente abre puertas para una adopción más amplia de PointMan por otras agencias gubernamentales en EE.UU. y Canadá.
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF)는 콜로라도 교통부 (CDOT)가 성공적인 초기 5년 계약을 이어 PointMan® 소프트웨어에 대한 계약을 연장했다고 발표했습니다. 이번 갱신은 CDOT가 주요 인프라 관리에서 PointMan의 가치를 인정한 것입니다. 특히 손상 예방, 건설 관리, 효율성, 정확성 및 안전성 측면에서 더욱 그러합니다.
새로운 계약 조달의 일환으로, ProStar는 Carahsoft Technology Corp.에 의해 검토 및 승인을 받았습니다. 이는 공공 부문 조직에 대한 조달 절차를 간소화하고, 잠재적으로 미국 및 캐나다의 다른 정부 기관에서 PointMan을 널리 채택할 수 있는 기회를 열어줍니다.
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) a annoncé que le Département des Transports du Colorado (CDOT) a prolongé son contrat pour le logiciel PointMan® de ProStar après un premier mandat de 5 ans réussi. Le renouvellement témoigne de la reconnaissance par le CDOT de la valeur de PointMan dans la gestion des infrastructures critiques le long des droits de passage des autoroutes et des chemins de fer, notamment en termes de prévention des dommages, gestion de la construction, efficacité, précision et sécurité.
Dans le cadre de la nouvelle procédure d'acquisition, ProStar a été évalué et approuvé par Carahsoft Technology Corp., un fournisseur de solutions informatiques gouvernementales de confiance. Cette approbation simplifie le processus d'approvisionnement pour les organisations du secteur public et pourrait ouvrir la voie à une adoption élargie de PointMan par d'autres agences gouvernementales aux États-Unis et au Canada.
ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) hat angekündigt, dass das Colorado Department of Transportation (CDOT) den Vertrag für die PointMan®-Software von ProStar nach einer erfolgreichen ersten fünfjährigen Laufzeit verlängert hat. Die Verlängerung zeigt die Anerkennung des Wertes von PointMan durch das CDOT bei der Verwaltung kritischer Infrastrukturen entlang der Autobahn- und Eisenbahnrouten, insbesondere in Bezug auf Schadenprävention, Baumanagement, Effizienz, Genauigkeit und Sicherheit.
Im Rahmen der neuen Vertragsbeschaffung wurde ProStar von Carahsoft Technology Corp. überprüft und genehmigt, einem vertrauenswürdigen Anbieter von IT-Lösungen für die Regierung. Diese Genehmigung vereinfacht den Beschaffungsprozess für öffentliche Organisationen und könnte potenziell die Tür für eine breitere Nutzung von PointMan durch andere Regierungsbehörden in den USA und Kanada öffnen.
- Contract renewal with Colorado Department of Transportation after successful 5-year term
- Approval by Carahsoft Technology Corp. as a trusted government IT solutions provider
- Potential for broader adoption of PointMan by other government agencies in the U.S. and Canada
- None.
GRAND JUNCTION, Colo., Aug. 29, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc., (“ProStar®” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce that Colorado DOT has extended its contract with ProStar’s following a successful initial 5-year term to license ProStar’s flagship cloud and mobile solution, PointMan®.
The Colorado Department of Transportation (CDOT) has reaffirmed its commitment to ProStar’s PointMan® software after an initial five-year term that demonstrated significant value in the management of critical infrastructure located along interstate and railway right-of-way’s. Recognizing the value that PointMan brings in terms of damage prevention, construction management, efficiency, accuracy, and safety, CDOT has renewed its contract, further solidifying its dedication to improving critical infrastructure management, and public and environmental safety throughout the state.
As part of the new contract procurement for CDOT, ProStar was vetted and approved by Carahsoft Technology Corp., a trusted government IT solutions provider. Carahsoft simplifies the procurement process for public sector organizations including federal, state, and local government agencies by approving vendors that provide IT solutions. Carahsoft partners with thousands of resellers, system integrators and MSPs to proactively market, sell and deploy a comprehensive range of IT solutions for public sector customers across the U.S. and Canada.
“Working with CDOT over the past five years has provided for a great partnership, and we are thrilled that they have extended their commitment, and I look forward to our continued partnership.” said Page Tucker, CEO of ProStar. “Having the continued endorsement of CDOT and partnering with Carahsoft increases the potential for broader adoption of PointMan by other government agencies across the U.S. and Canada.”
About Carahsoft:
Carahsoft Technology Corp. is The Trusted Public Sector IT Solutions Provider™, supporting Federal, State and Local Government agencies and Education and Healthcare markets. Founded in 2004, Carahsoft is headquartered in Reston, Virginia and employs more than 2,000 professionals dedicated to serving our public sector customers and partners. As the Master Government Aggregator® for their vendor partners, they deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, their sales and marketing teams provide industry leading IT products, services and training through hundreds of contracts.
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 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 16 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.
For more information about ProStar, please visit www.prostarcorp.com.
Contact:
Page Tucker
CEO & Founder
ptucker@prostarcorp.com
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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.
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