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Prostar Holdings Inc V.MAPS

Alternate Symbol(s):  MAPPF

ProStar Holdings Inc. is a geospatial technology company that is a developer of software-as-a-service (SaaS)-based solutions. The Company is engaged in providing precision mapping solutions and geospatial intelligence software, which is designed to enhance the management and maintenance of the asset lifecycle for asset-centric industries. The Company’s PointMan product is a cloud and mobile software application. PointMan provides a precision mapping solution that provides the ability to capture, record, display, and manage critical infrastructure in real-time, including roads, bridges, railways, pipelines, and utilities. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries. Its Solution enables real-time access to precise location information on what lies below the earth's surface.


TSXV:MAPS - Post by User

Post by retiredcfon May 31, 2021 1:58pm
234 Views
Post# 33296835

Globe & Mail

Globe & Mail

01:33 PM EDT, 05/31/2021 (MT Newswires) -- ProStar Holdings Inc (MAPS.V) announced that Kraemer North America, a U.S. national heavy civil contractor has signed a service-level agreement (SLA) for ProStar's newest cloud and mobile Precision Mapping Solution, PointMan Pro. It becomes the first major U.S. infrastructure construction firm to adopt the solution.

Kraemer North America serves three primary infrastructure markets, including transportation, rail, and marine.

"This is another major milestone for ProStar as Kraemer is the first major construction company to adopt our newest solution," stated Page Tucker, CEO and founder of ProStar. "The adoption of PointMan Pro by Kraemer proves that PointMan can replace onerous and antiquated business practices that have been well entrenched by the construction industry for several decades."

Price: 0.69, Change: +0.01, Percent Change: +1.47

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