ProStar Hires Matthew Dragon as Director of Sales for

GRAND JUNCTION, Colo., Sept. 26, 2022 (GLOBE NEWSWIRE) — ProStar Holdings Inc. (“ProStar®or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in precision mapping solutions® is pleased to announce that the company has hired Matthew Dragon as the company’s director of sales and will be responsible for managing sales for ProStar’s patented flagship application, PointMan.® Mr. Dragon’s responsibilities will be to use his extensive experience in sales, marketing and engineering to increase ProStar’s market penetration in the United States, Canada and the rest of the world.

“I am very pleased that a credible and seasoned leader like Matthew Dragon has joined the ProStar team,” said Page Tucker, CEO and Founder of ProStar. “Matthew brings with him a proven track record as well as a wealth of knowledge and experience that I am confident will help us significantly increase our market exposure and drive sales. One of Matthew’s greatest assets is his proven ability to recruit, coach and develop an organization’s sales team to ultimately drive revenue growth..”

Matthew Dragon has been the vision behind the sales strategy and sales success of several industrial equipment manufacturers as well as the largest privately held utility location company in the United States. Matthew has continually proven his ability to create a sales driven culture responsible for consistently increasing revenue. His 20 years of technical sales experience represents a diverse mix of products and services in the utility damage prevention industry.

“Now is the perfect time to join ProStar as we are beginning to see significant change in the industry,” said Matthew Dragon. “More and more states, construction companies and utility asset owners understand the importance of knowing the precise location of buried utilities and, at the same time, are looking for a digital solution that generates significant productivity gains. After seeing ProStar’s PointMan transformation solution, I knew it was the disruptive technology that would become the de facto standard, and I immediately wanted to be part of the team.

About Prostar:
ProStar is a global 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 the development of patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. ProStar’s flagship product, PointMan, is designed to dramatically improve workflow processes and business practices associated with lifecycle management of critical infrastructure assets both above and below the surface. of the earth.

ProStar’s PointMan is offered as Software as a Service (SaaS) and seamlessly connects the field to the office and provides the ability to accurately capture, record, view and manage critical infrastructure including roads, railways, pipelines and utilities. Some of North America’s largest entities have adopted ProStar’s solutions, including Fortune 500 construction companies, underground utility (EUS) engineering firms, utility owners and government agencies. ProStar has strategic business partnerships with the world’s leading geospatial technology providers, data collection equipment manufacturers and dealer networks.

The Company has made a significant investment in building an extensive intellectual property portfolio that includes 21 issued patents in the United States and Canada. Patents protect the methods and systems needed to digitally capture, record, organize, manage, distribute and display the precise location of critical infrastructure, including utilities and buried pipelines. ProStar’s management team has extensive experience managing early-stage and Fortune 500 technology companies in both the private and public sectors.

For more information about ProStar, please visit www.prostarcorp.com.

On behalf of the company,
Tucker Page on Sales/Corporate Press Releases, CEO & Director

Contact:
Joel Sutherland
Investor Relations
970-822-4792
[email protected]

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.

Cautions Regarding Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws. This information includes, but is not limited to, information regarding the terms and conditions of the Company’s future plans. Although the Company believes this information to be reasonable, it cannot guarantee that these expectations will prove to be correct.

Forward-looking information is generally identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “assume” 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 the forward-looking information due to a variety of 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 not presently known to the Company. The reader is invited to consult the recent annual management report of the company filed on SEDAR on April 14, 2022 for a more complete analysis of the applicable risk factors and their potential effects, copies of which can be consulted on the page of the issuer of the Company on SEDAR at www.sedar.com.

Sallie R. Loera