STOCK TITAN

ProStar Announces the Recent Addition of the Nation’s Top Ranked Water and Wastewater Construction Company to its Growing List of Enterprise Customers

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF) announces that the nation's leading water and wastewater construction company has adopted its PointMan® Precision Mapping Solutions. The new enterprise client, which specializes in water transmission line, water supply, sanitary and storm sewer construction across the United States, typically begins implementation through pilot projects to evaluate effectiveness and ROI.

Enterprise clients can expand PointMan usage across multiple projects and regions, potentially requiring more licenses for enterprise-wide deployment. These large-scale clients not only represent significant revenue opportunities but also expose PointMan to their extensive contractor networks, enhancing market awareness. The adoption reflects an industry shift from legacy practices to modern solutions in addressing the critical need for accurate utility location during water and sewer system repairs.

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF) annuncia che la principale azienda nazionale nella costruzione di sistemi idrici e fognari ha adottato le sue PointMan® Precision Mapping Solutions. Il nuovo cliente aziendale, specializzato nella costruzione di linee di trasmissione dell'acqua, approvvigionamento idrico, fognature e sistemi di drenaggio, inizia tipicamente l'implementazione attraverso progetti pilota per valutarne l'efficacia e il ritorno sugli investimenti (ROI).

I clienti aziendali possono ampliare l'utilizzo di PointMan su diversi progetti e regioni, richiedendo potenzialmente ulteriori licenze per un'implementazione su scala aziendale. Questi clienti su larga scala non solo rappresentano opportunità di guadagno significative, ma espongono anche PointMan alle loro ampie reti di appaltatori, aumentando la consapevolezza del mercato. L'adozione riflette un cambiamento nell'industria dalle pratiche tradizionali a soluzioni moderne per affrontare la necessità cruciale di una localizzazione accurata delle utenze durante le riparazioni dei sistemi idrici e fognari.

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF) anuncia que la principal empresa nacional de construcción de agua y aguas residuales ha adoptado sus PointMan® Precision Mapping Solutions. El nuevo cliente empresarial, especializado en la construcción de líneas de transmisión de agua, suministro de agua, alcantarillado y drenaje, generalmente comienza la implementación a través de proyectos piloto para evaluar la eficacia y el retorno de la inversión (ROI).

Los clientes empresariales pueden expandir el uso de PointMan en múltiples proyectos y regiones, lo que podría requerir más licencias para una implementación a nivel empresarial. Estos clientes a gran escala no solo representan oportunidades de ingresos significativas, sino que también exponen a PointMan a sus amplias redes de contratistas, aumentando la conciencia del mercado. La adopción refleja un cambio en la industria de prácticas tradicionales a soluciones modernas para abordar la necesidad crítica de una localización precisa de servicios durante las reparaciones de sistemas de agua y alcantarillado.

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF)는 국내 최고의 수자원 및 폐수 건설 회사가 자사의 PointMan® Precision Mapping Solutions를 도입했다고 발표했습니다. 이 새로운 기업 고객은 미국 전역에서 수송관, 수자원, 하수 및 우수 맨홀 공사에 특화되어 있으며, 일반적으로 효과성과 투자 수익률(ROI)을 평가하기 위해 파일럿 프로젝트를 통해 구현을 시작합니다.

기업 고객들은 여러 프로젝트와 지역에 걸쳐 PointMan 사용을 확대할 수 있으며, 이는 기업 전체 배포를 위한 추가 라이선스가 필요할 수 있습니다. 이러한 대규모 고객들은 중요한 수익 기회를 제공할 뿐 아니라 PointMan을 그들의 광범위한 계약자 네트워크에 노출시켜 시장 인식도를 높이는 데 기여합니다. 이번 도입은 수자원 및 하수 시스템 수리에 대한 정확한 유틸리티 위치의 중요성을 해결하기 위한 산업의 전통적인 관행에서 현대적인 솔루션으로의 변화를 반영합니다.

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF) annonce que la principale entreprise nationale de construction d'eau et d'égouts a adopté ses PointMan® Precision Mapping Solutions. Le nouveau client d'entreprise, qui se spécialise dans la construction de conduites de transmission d'eau, d'approvisionnement en eau, d'égouts et de systèmes de drainage aux États-Unis, commence généralement la mise en œuvre par le biais de projets pilotes pour évaluer l'efficacité et le retour sur investissement (ROI).

Les clients d'entreprise peuvent étendre l'utilisation de PointMan à plusieurs projets et régions, nécessitant potentiellement davantage de licences pour un déploiement à l'échelle de l'entreprise. Ces clients à grande échelle représentent non seulement des opportunités de revenus significatives, mais exposent également PointMan à leurs vastes réseaux d'entrepreneurs, augmentant ainsi la notoriété du marché. L'adoption reflète un changement dans l'industrie, passant des pratiques traditionnelles à des solutions modernes pour répondre au besoin critique d'une localisation précise des services lors des réparations des systèmes d'eau et d'égouts.

ProStar Holdings (TSXV: MAPS) (OTCQX: MAPPF) gibt bekannt, dass das führende Unternehmen im Bereich Wasser- und Abwasserbau des Landes seine PointMan® Precision Mapping Solutions übernommen hat. Der neue Unternehmenskunde, der sich auf den Bau von Wasserübertragungsleitungen, Wasserversorgung, Abwassersystemen und Regenwassermanagement in den Vereinigten Staaten spezialisiert hat, beginnt normalerweise mit der Implementierung über Pilotprojekte, um die Effektivität und den ROI zu bewerten.

Unternehmenskunden können die Nutzung von PointMan über mehrere Projekte und Regionen hinweg ausweiten, was möglicherweise zusätzliche Lizenzen für eine unternehmensweite Implementierung erfordert. Diese Großkunden bieten nicht nur erhebliche Einnahmechancen, sondern exponieren PointMan auch gegenüber ihrem umfangreichen Netzwerk an Auftragnehmern, was das Marktbewusstsein erhöht. Die Annahme spiegelt einen Branchenwechsel von traditionellen Praktiken hin zu modernen Lösungen wider, um die kritische Notwendigkeit einer genauen Standortbestimmung von Versorgungsleitungen während der Reparaturen an Wasser- und Abwassersystemen anzugehen.

Positive
  • Secured nation's top-ranked water and wastewater construction company as enterprise customer
  • Potential for exponential license growth through enterprise-wide deployment
  • Enhanced market exposure through client's contractor network
Negative
  • None.

GRAND JUNCTION, Colo., Jan. 28, 2025 (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 the Nation’s top ranked water and wastewater construction company has adopted ProStar’s Precision Mapping Solutions, PointMan®

The Company is the top ranked water transmission line, water supply, sanitary and storm sewer, and solid wastewater construction company in the United States. The Company is focused on building water and wastewater systems of all sizes for municipal, federal, industrial, and private clients nationwide. The Company is continuously seeking new innovations and is committed to leveraging advanced technology to drive efficiency and safety. The Company is investing substantial resources in researching, developing, and implementing best in class solutions like PointMan.

Enterprise clients typically begin by implementing PointMan through a pilot project to evaluate its effectiveness and ROI. Upon successful testing these organizations over time can expand their use of PointMan on numerous projects in multiple regions, exponentially increasing the number of licenses required to support their enterprise-wide needs. Enterprise companies with national and global operations represent a substantial revenue opportunity due to their scale. Beyond the financial impact, these clients expose PointMan to the extensive network of contractors and subcontractors they work with, further amplifying our market awareness.

“The recent addition of another industry leader highlights the tremendous value PointMan provides major construction firms and demonstrates a transformation that is currently underway from dated and legacy business practices to more modern and innovative solutions,” said Page Tucker, CEO and Founder of ProStar. “Our Nation’s water and sewer systems are in dire need of repair and replacement, and accurately identifying and knowing the precise location of these utilities, will be paramount in avoiding costly damages during construction.”

About ProStar:
ProStar is an industry leading 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, including buried utilities and pipelines.

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.

For more information about ProStar, please visit www.prostarcorp.com.

Contact:
Page Tucker
CEO & Founder
ptucker@prostarcorp.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts 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 most recent Annual Management’s Discussion & Analysis filed on SEDAR + on April 19, 2024, 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.sedarplus.ca.


FAQ

What major client did ProStar MAPPF recently acquire?

ProStar recently acquired the nation's top-ranked water and wastewater construction company as an enterprise customer for its PointMan Precision Mapping Solutions.

How does ProStar MAPPF implement PointMan for enterprise clients?

Enterprise clients typically start with pilot projects to evaluate PointMan's effectiveness and ROI before potentially expanding usage across multiple projects and regions.

What is the revenue potential for ProStar MAPPF from enterprise clients?

Enterprise clients with national operations represent substantial revenue opportunities due to their scale and potential for exponential increase in license requirements for enterprise-wide deployment.

How does ProStar MAPPF benefit from enterprise client adoption?

Beyond direct revenue, enterprise clients expose PointMan to their extensive network of contractors and subcontractors, amplifying market awareness and potential customer base.

PROSTAR HLDGS INC

OTC:MAPPF

MAPPF Rankings

MAPPF Latest News

MAPPF Stock Data

14.03M
132.55M
14.2%
Software - Application
Technology
Link
United States of America
Vancouver