ProStar Launches "The PointMan Dealer Program"

Rhea-AI Summary

ProStar Holdings Inc. has launched 'The PointMan® Dealer Program' to enhance its sales and marketing strategies. This initiative follows a successful pilot with select Trimble dealers in the U.S. and aims to expand partnerships with leading equipment manufacturers like Trimble, Vivax-Metrotech, and Radiodetection across North America. PointMan, the company's flagship product, is a mobile mapping application that accurately locates surface and subsurface infrastructure. The program seeks to create a consortium between ProStar and equipment manufacturers to improve utility mapping solutions.

Positive

• Launch of the 'PointMan Dealer Program' to enhance sales and marketing.
• Successful pilot program with select Trimble dealers in the U.S.
• Partnerships with leading equipment manufacturers to increase market presence.
• PointMan technology improves utility mapping accuracy and efficiency.

Negative

• None.

GRAND JUNCTION, Colo., Feb. 26, 2021 /PRNewswire/ -- ProStar Holdings Inc. (ProStar™ or the Company) (TSXV: MAPS) (FSE: 5D00) a world leader in precision mapping solutions, is pleased to announce the official launch of "The PointMan® Dealer Program" . The program enhances the sales and marketing of PointMan with world leading GPS/GNSS and Electro magnetic (EM) equipment manufacturers including Trimble (NASDAQ: TRMB), Vivax-Metrotech, Radiodetection®, and Subsite® Electronics. After a successful pilot with a select group of Trimble dealers in the United States , the PointMan Dealer Program is now being expanded to multiple industry leading equipment distributors across North America.

PointMan® is ProStar's flagship product.  PointMan is a patented mobile mapping software application that captures, records, and displays the precise location of surface and subsurface infrastructure including buried utilities and pipelines.

"Joining ProStar's PointMan Dealer Program has enabled us to grow and further support our Subsurface Utility Engineering customers," said David Siddle of Frontier Precision, Trimble's 2019 Worldwide Geospatial Dealer of the Year. "PointMan seamlessly integrates with our Trimble Survey and Mapping hardware, offering a complete utility mapping solution from asset data collection to plan and profile to stake out." 

ProStar has partnered with several leading equipment manufacturers to integrate their hardware with the ProStar's precision mapping solution in order to enhance the performance and user experience of the manufacturers products and to create a value-added partnership. The PointMan Dealer Program is a dedicated initiative for select dealers of GPS/ GNSS, utility data collection devices and engineering and survey equipment to promote and sell best in class products. 

"Our goal of the PointMan Dealer Program is to create a powerful consortium between ProStar, the equipment manufacturers and their dealer networks around the world," said Page Tucker CEO and Founder of ProStar. "This launch follows a very successful pilot with the largest Trimble dealers in the world and is a major step in achieving that goal."

About ProStar (TSXV: MAPS) (FSE: 5D00)

ProStar specializes in the development of Precision Mapping Solutions. ProStar's Solution is patented, natively cloud and mobile, and offered as a SaaS recurring revenue model. ProStar's Solution is designed to improve the business operations of any industry that requires the precise location of subsurface infrastructure including utility, oil & gas, construction, engineering & surveying, 811 and contract locating.

ProStar's Solution enables real-time access to precise location information where and when it is most needed. Knowing the type, precise location, and condition of what lies below the earth's surface can significantly reduce costs, decrease liabilities, improve environmental stewardship and increase productivity during construction and maintenance activities. For more information, please visit: www.prostarcorp.com.

Contact

Alex Moore
Investor Relations Support
investorrelations@prostarcorp.com 
970-242-4024

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 Information Circular filed on SEDAR on November 20, 2020 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.

The forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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SOURCE ProStar Holdings Inc.

FAQ

What is the PointMan Dealer Program launched by ProStar Holdings?

It is an initiative to enhance sales and marketing for PointMan by partnering with leading GPS/GNSS and EM equipment manufacturers.

Which companies are involved in the PointMan Dealer Program?

ProStar has partnered with Trimble, Vivax-Metrotech, and Radiodetection, among others.

What is PointMan and its significance?

PointMan is ProStar's flagship mobile mapping software that accurately captures the locations of subsurface infrastructure.

When was the PointMan Dealer Program officially launched?

The program was officially launched on February 26, 2021.

What are the benefits of the PointMan technology?

It provides real-time access to precise location information, reducing costs and improving productivity in utility mapping.