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ProStar Geocorp Expands Its Reach into Local and Regional Governments with PointMan Muni™

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ProStar Geocorp, a leader in Precision Mapping Solutions, is expanding its reach into local and regional governments with PointMan Muni™. This digital geospatial solution is designed for small to medium-sized townships, municipalities, and counties, helping them transition from paper-based systems to a modern digital approach. PointMan Muni enables more effective and cost-efficient digital asset management for critical infrastructure including roads, bridges, sidewalks, fire hydrants, signs, and water and sewer systems.

Recent adoptions include the Town of Owego, New York, the City of Suffolk, Indiana, and Boone County, Michigan. CEO Page Tucker highlighted the accelerating adoption in this sector, noting the vast potential market of tens of thousands of small municipalities and townships in the U.S. alone seeking viable solutions for their asset management operations.

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Positive

  • Expansion into local and regional government markets
  • Adoption by multiple municipalities and counties
  • Addressing a large potential market of small municipalities and townships in the U.S.
  • Offering a cost-efficient digital solution for asset management

Negative

  • None.

News Market Reaction 1 Alert

-4.17% News Effect

On the day this news was published, MAPPF declined 4.17%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GRAND JUNCTION, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- ProStar Geocorp, a world leader in Precision Mapping Solutions®, expands its reach into local and regional governments with the addition of municipalities, townships, and counties, including the Town of Owego, New York, the City of Suffolk, Indiana and Boone County, Michigan.

PointMan Muni is designed for small to medium-sized townships, municipalities, and counties striving to transition from antiquated paper-based systems to a modern digital geospatial solution. PointMan Muni enables a more effective and cost-efficient digital asset management solution for the planning, design, construction, and maintenance of critical infrastructure that includes roads, bridges, sidewalks, fire hydrants, signs, and water and sewer systems.

“The majority of smaller townships, municipalities, and counties have limited resources and options for implementing traditional GIS systems in order to address the challenges they face with their current asset management operations,” said Page Tucker, CEO of ProStar. “It is great to see the adoption of PointMan Muni is accelerating in this sector as there are tens of thousands of small municipalities and townships in the U.S. alone that will be looking for a viable solution.”

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

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 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.sedarplus.ca.

This press release was published by a CLEAR® Verified individual.


FAQ

What is PointMan Muni™ and how does it benefit local governments?

PointMan Muni™ is a digital geospatial solution by ProStar Geocorp (MAPPF) designed for small to medium-sized local governments. It helps them transition from paper-based systems to digital asset management for critical infrastructure, improving efficiency and cost-effectiveness in planning, design, construction, and maintenance operations.

Which municipalities have recently adopted ProStar's PointMan Muni™ solution?

Recent adoptions of PointMan Muni™ include the Town of Owego, New York, the City of Suffolk, Indiana, and Boone County, Michigan, as announced by ProStar Geocorp (MAPPF) on September 19, 2024.

What is the potential market size for ProStar's PointMan Muni™ in the United States?

According to ProStar Geocorp (MAPPF), there are tens of thousands of small municipalities and townships in the U.S. alone that could potentially benefit from PointMan Muni™ as a viable solution for their asset management operations.

How does PointMan Muni™ address the challenges faced by smaller local governments?

PointMan Muni™ by ProStar Geocorp (MAPPF) addresses the resources and options smaller local governments have for implementing traditional GIS systems. It offers a cost-efficient digital solution for managing critical infrastructure assets, helping them overcome challenges in their current asset management operations.
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