Company News

ProStar Holdings Inc. a world leader in Precision Mapping Solutions, is pleased to announce that the Tulsa Zoo has adopted ProStar’s solution, PointMan, to improve the management and maintenance of critical infrastructure and help protect over 3,000 animals living at the zoo. stated Cody Dunkin, Operations Manager for the Tulsa Zoo. The Tulsa Zoo is an 85-acre non-profit zoo located in Tulsa, Okla., United States. ...

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 that the Tulsa Zoo has adopted ProStar's solution, PointMan, to improve the management and maintenance of critical infrastructure and help protect over 3,000 animals living at the zoo.

"We have a nearly 100-year-old facility that functions very much like a city within a city. It is dynamic, with over 3,000 animals and a spiderweb of buried pipes and utilities," stated Cody Dunkin, Operations Manager for the Tulsa Zoo. "PointMan provides us the ability to easily and accurately map existing infrastructure for both maintaining our large facility and making informed decisions about future construction projects. The fact that all of our critical infrastructure data can now be stored in one place and is easily accessible when and where we need it provides a technology that we can't afford to live without."

The Tulsa Zoo is an 85-acre non-profit zoo located in Tulsa, Okla., United States. The Tulsa Zoo is owned by the City of Tulsa, but since 2010 has been privately managed by Tulsa Zoo Management, Inc. The zoo is located in Mohawk Park, one of the largest municipal parks in the United States.

"The signing of the Tulsa Zoo is quite significant for us on many fronts," said Page Tucker, CEO and Founder of ProStar. "First, we now have clients of all sizes reaching out to us from many different market sectors and secondly, it proves our solution provides tremendous value to a wide span of users including construction companies, engineering firms, government agencies, municipalities, and even zoos. This is also further proof that our total addressable market is growing and very expansive."

About Tulsa Zoo:
The Tulsa Zoo is Green Country's largest paid daily attraction. The zoo is owned by the City of Tulsa and managed by Tulsa Zoo Management, Inc., a 501(c)(3) non-profit organization. For more information about the Tulsa Zoo, visit www.tulsazoo.org or call (918) 669-6600.

Follow @TulsaZoo on Facebook, Instagram, Twitter, Pinterest and YouTube.

Accredited by the Association of Zoos & Aquariums.

For more information on Tulsa Zoo, please visit: tulsazoo.org

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 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

Legal Disclaimer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
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. Such statements include, without limitation, statements with respect to the Company's expected use of proceeds from the Offering and other forward-looking information. 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; the Company's inability to apply the proceeds of the Offering as anticipated by management; 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/84b8aeff-b684-4223-8ed2-2f68c9e668af


News Provided by GlobeNewswire via QuoteMedia

ProStar™ GeoCorp

ProStar™ GeoCorp

Overview

Every year, inaccurate, unreliable, and incomplete information about subsurface infrastructure creates significant environmental, personal, and property damages. In 2019, the United States alone suffered over US$30 billion in societal costs due to damage to buried infrastructure globally. In the past two decades, the United States suffered 1,906 personal injuries and 421 needless deaths. In the face of the rising industry, government, and public insistence for precise underground location and mapping software, ProStar™ (TSXV:MAPS,OTCQB:MAPPF,OTCQX: MAPPF) is providing government agencies, infrastructure companies, and some of the world’s largest engineering firms precision subsurface and surface data for sectors like utility, oil and gas, construction, engineering, and surveying. With 19 issued patents, the ProStar system is compatible with virtually all mobile devices, GPS/GNSS receivers, and electromagnetic locators on the market.

ProStar captures, records, and visualizes survey-grade utility location data through cloud-based and mobile applications, a market estimated in 2019 as worth US$5.17 billion, growing by a compound annual growth rate (CAGR) of 6 percent. The same report states that by 2023, the global commercial utility locator market is expected to be worth US$7.5 billion.

Keep reading... Show less
KWESST Announces Branding of Non-Lethal Low Energy Cartridge  System in Conjunction with Launch at SHOT Show 2022 - Booth # 40022

KWESST Announces Branding of Non-Lethal Low Energy Cartridge System in Conjunction with Launch at SHOT Show 2022 - Booth # 40022

KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") today announced that it will be launching its non-lethal Low Energy Cartridge (LEC) product line under the brand PARA OPS in conjunction with the opening of the 2022 SHOT Show in Las Vegas January 18-21. The PARA OPS website which can be found at www.para-ops.com and it will go live the on January 17, the day before the SHOT Show. You can visit KWESST at the SHOT Show at booth #40022.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7366/110116_4f007e92e4f9aafd_002full.jpg

Keep reading... Show less
Cloud DX Inc. Announces Update to Brokered Private Placement

Cloud DX Inc. Announces Update to Brokered Private Placement

Cloud DX Inc. ("Cloud DX" or the "Company") (TSXV:CDX) announces that it has updated the terms of its private placement previously announced on January 4, 2022 of Convertible Debenture Units (the "Updated Offering") with Echelon Wealth Partners Inc. as lead agent and sole book runner (the "Agent"). The Company expects the initial closing of the Updated Offering will be on or about January 25, 2022

In connection with the Updated Offering the Agent will offer for sale up to 3,000 convertible debenture units of the Company (the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to $3,000,000. The Agent has been granted an option to sell up to 450 additional Convertible Debenture Units for maximum aggregate gross proceeds under the Updated Offering of $3,450,000. Pursuant to the Updated Offering, each Convertible Debenture Unit will be comprised of $1,000 principal amount unsecured convertible debenture (each, a "Debenture") and 1,430 common share purchase warrants of the Company (each, a "Warrant"). The Debentures will mature on the date that is 36 months from the date of issuance (the "Maturity Date") and shall bear interest at a simple rate of 10% per annum. Interest will be payable quarterly on the last business day of each quarter, commencing on March 31, 2022. The principal amount of the Debentures, or any portion thereof, may be converted at the election of the holder thereof into common shares in the capital of the Company ("Common Shares") at a conversion price of $0.35 per Common Share (the "Conversion Price") at any time prior to the Maturity Date. Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.50 per Common Share for a period of 24 months from the closing date of the Updated Offering.

Keep reading... Show less
Cloud DX Receives Partnership Funding for Clinical Research of Next Generation Wrist-Worn Vital-Sign Monitoring Device

Cloud DX Receives Partnership Funding for Clinical Research of Next Generation Wrist-Worn Vital-Sign Monitoring Device

The New Brunswick Health Research Foundation (NBHRF) partners with Cloud DX to fund Calibration and Validation research of its patented Pulsewave 2.0, a Non-Invasive Vital Sign Monitoring Device

News in Summary

Keep reading... Show less
Nanalysis Announces the Closing of Acquisition of K' Technologies Inc.

Nanalysis Announces the Closing of Acquisition of K' Technologies Inc.

Nanalysis Scientific Corp. ( TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1) ("Nanalysis" or the "Company") is pleased to announce that it has successfully closed the previously announced acquisition of K'(Prime) Technologies Inc. (KPrime), a North American sales and service company, with a particular focus on scientific instrumentation for pharma, food, chemical and oil & gas customers, as well as imaging systems for security applications.

Keep reading... Show less
Cloud DX Announces Contracts with US Primary Care Clinics

Cloud DX Announces Contracts with US Primary Care Clinics

Cloud DX and partner Maxwell Telecare sign three new clinics for Remote Patient Monitoring (RPM) deployment, expanding on its Maxwell partnership

News in Summary

Keep reading... Show less
KWESST Announces $400,000 in Police Orders for ARWEN Products

KWESST Announces $400,000 in Police Orders for ARWEN Products

KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) ("KWESST" or the "Company") is pleased to announce that it has received orders from three law enforcement agencies for approximately $400,000 in ARWEN products (all values in CAD). One order from an overseas national police agency is for approximately $250,000 to be shipped next month. The other two orders are from Canadian law enforcement agencies, with one order shipped in late December 2021 and the other scheduled to ship this month.

"It is gratifying to see this early acceleration in the pace of orders from our recent acquisition of ARWEN," said Jeff MacLeod, Founder, President and CEO of KWESST. "This reinforces our conviction that there is strong growth potential for ARWEN products around the world, particularly in an environment of heightened civil unrest and anxiety about rising crime."

Keep reading... Show less

Latest Press Releases

Related News

×