\u201cI am truly honored that ProStar was named to Fast Company\u2019s list of the World\u2019s 50 most innovative companies,\u201d<\/em>\u00a0said Page Tucker, CEO and Founder of ProStar. \u201cRecognition by such a prestigious and respected organization is certainly a remarkable achievement and speaks volumes as to our contribution in providing valuable innovation to the world.<\/em>\u201d<\/p>\n Fast Company\u00a0<\/em>is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City,\u00a0Fast Company<\/em>\u00a0is published by Mansueto Ventures LLC, along with their sister publication Inc., and can be found online at\u00a0www.fastcompany.com<\/a>.<\/p>\n About ProStar:<\/strong> ProStar\u2019s 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\u2019s solutions, including Fortune 500 construction firms, Subsurface Utilities Engineering (SUE) firms, utility owners, and government agencies. ProStar has strategic business partnerships with the world\u2019s leading geospatial technology providers, data collection equipment manufacturers, and their dealer networks.<\/p>\n The Company has made a significant investment in creating a vast intellectual property portfolio that includes 21 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\u2019s Executive management team has extensive experience in the management of both early-stage and Fortune 500 technology companies in the private and public sectors.<\/p>\n For more information about ProStar, please visit\u00a0www.prostarcorp.com<\/a>.<\/p>\n Contact: 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.<\/strong><\/p>\n Cautionary Statements Regarding Forward-Looking Information<\/p>\n 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\u2019s future plans. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.<\/p>\n Forward-looking information is typically identified by words such as: \u201cbelieve\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cintend\u201d, \u201cestimate\u201d, \u201cpostulate\u201d 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\u2019s securities; the state of the technology sector; recent market volatility; the COVID-19 pandemic; the Company\u2019s 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\u2019s 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\u2019s issuer page on SEDAR at\u00a0www.sedar.com<\/a>.<\/p>\n<\/div>\n<\/div>\nABOUT FAST COMPANY<\/strong><\/h2>\n
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\u2019s 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\u2019s surface.<\/p>\n
Joel Sutherland
Investor Relations
970-822-4792
Investorrelations@prostarcorp.com<\/a><\/p>\n