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RAVAN AIR Adopts ProStar’s Solution to Enhance Its Operations

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ProStar Holdings Inc. (TSXV: MAPS, OTCQX: MAPPF) has announced that RAVAN AIR, a Pennsylvania-based company, will adopt ProStar's PointMan solution to enhance its operations. RAVAN AIR is renowned for its underground and aerial inspection services across various industries, including oil and gas. The integration of PointMan aims to improve field data collection services, aligning with the critical infrastructure industry's ongoing digital transformation. ProStar emphasizes that its technology is pivotal for managing critical infrastructure, thus reinforcing its position as a leader in Precision Mapping Solutions.

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  • RAVAN AIR adopts ProStar's PointMan solution, indicating growing demand for advanced geospatial technologies.
  • ProStar's PointMan recognized as an essential tool for the digital transformation in critical infrastructure management.
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GRAND JUNCTION, Colo., Jan. 18, 2023 (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 Pennsylvania based RAVAN AIR adopts ProStar’s PointMan solution to enhance its operations.

"Precision geospatial technologies will play a critical role in the management and construction of underground infrastructure, and we have always embraced the most advanced technologies," stated Mark Sakach, Director of Operations at RAVAN AIR. "We have been looking for an out-of-the-box and easy-to-use mapping solution to help us enhance our field data collection services, and PointMan checked all of the boxes.”

RAVAN AIR is an industry leader in providing underground and aerial inspections. The company provides probe, camera, and drone services for the oil and natural gas, landfill, utility, and construction industries. RAVAN AIR offers turnkey Advanced Integrated Services to complete even the most complex projects.

“The critical infrastructure industry is at the precipice of a digital transformation, and geospatial technologies like PointMan are at the center of the digital transformation,” stated Page Tucker CEO of ProStar Geocorp. “Geospatial technologies like PointMan are at the center of this digital transformation, and it is great to see PointMan has become both a recognized leader and trusted brand name throughout the industry.”

ABOUT RAVAN AIR
RAVAN AIR is a nationwide underground and aerial inspection company that has mastered several technologies and skills to provide the most current, detailed, and reliable inspection services to a range of industries. Their Advanced Integrative Resources include several tools like probes, cameras, lateral launchers, and a dedicated camera truck for underground utility locating, laser profiling, pipeline inspections, 3D mapping, and cross bore and CCTV pipeline inspections. Detailed reports and notated videos are generated in a multitude of formats based on the client’s needs.

RAVAN AIR has completed countless aerial inspections using their advanced drones for methane detection, GIS mapping, and thermal imaging for the oil and gas, utility infrastructure, industrial, construction, landfill, government, and telecommunications industries.

By seeking out these innovative technologies, RAVAN AIR has committed to providing the most cutting-edge tools for their clients. This allows each client to customize and integrate specific services to complete their unique project with precision. The RAVAN AIR team holds many safety and industry certifications.

To learn more about RAVAN AIR, visit: www.ravanair.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 Director
Contact:
Joel Sutherland
Investor Relations
970-822-4792
Investorrelations@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.


FAQ

What is the significance of RAVAN AIR adopting ProStar's PointMan solution?

RAVAN AIR's adoption of ProStar's PointMan solution highlights the growing integration of advanced geospatial technologies in managing underground infrastructure, enhancing operational efficiencies.

How does ProStar's PointMan contribute to digital transformation?

ProStar's PointMan solution plays a critical role in the digital transformation of the infrastructure sector by improving the workflow and data management related to critical assets.

What industries does RAVAN AIR serve?

RAVAN AIR provides inspection services for various industries, including oil and gas, utilities, construction, and landfill operations.

What are the stock symbols for ProStar Holdings Inc.?

ProStar Holdings Inc. trades under the symbols MAPS on TSXV and MAPPF on OTCQX.

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