GRAND JUNCTION, Colo.,
Oct. 7, 2021 /CNW/ -- ProStar
Holdings Inc. ("ProStar®" or the "the Company") (OTCQB: MAPPF)
(TSXV: MAPS) (FSE: 5D00) a world leader in Precision Mapping
Solutions®, is pleased to announce the signing the
Township of Aberdeen, New Jersey. Aberdeen adopts ProStar's solution, PointMan,
as its system of record (SOR) to meet the New Jersey Department of
Environmental Protection (NJDEP) mandate for Mapping and Digital
Data Standards.
"ProStar's solution was chosen for many key reasons including
the fact it is affordable, easy to use, and provides exactly what
we need to meet the NJDEP mandate for precision and collection
parameters standards," stated Sandra Caceres Director of Public
Works for the Township of Aberdeen, New
Jersey. "There is nothing on the market even remotely
close to PointMan, and I believe that there will be a larger number
of other small municipalities in the U.S. that are also looking for
a comprehensive mapping solution that is affordable and easy to
implement and manage and in particular here in New Jersey based on state mandates."
New Jersey Bureau of Geographic Information Systems in
collaboration with the New Jersey Department of Environmental
Protection, mandates that all GPS data collection submitted to the
State meet minimum data standards for both data quality and
accuracy. PointMan exceeds the New
Jersey mandate specification and is designed to be an easy
to use and affordable solution that meets the workflow processes
and business practices of municipalities.
Page Tucker, President and CEO of
ProStar, stated today: "Signing the Township of Aberdeen is further proof that small cities
provide a tremendous opportunity for us. There are approximately
38,000 municipalities in the U.S. with populations under 20,000,
and a vast majority do not have a comprehensive digital system of
record for mapping and managing critical infrastructure. With
PointMan, they now have a solution that is simple and
affordable."
About Aberdeen:
Aberdeen Township is
a Township in Monmouth County, New Jersey, United
States. As of the United
States 2010 Census, the township population was 18,210.
Aberdeen Township is part of the
Bayshore Regional Strategic Plan, an effort by nine municipalities
in northern Monmouth County to
reinvigorate the area's economy by emphasizing the traditional
downtowns, dense residential neighborhoods, maritime history, and
the natural beauty of the Raritan Bay coastline.
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 are 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 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.
Contact:
Alex Moore,
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) 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 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.
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SOURCE ProStar Corp