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ProStar Announces the Recent Addition of the Nation’s Top Ranked Water and Wastewater Construction Company to its Growing List of Enterprise Customers
Globenewswire· 2025-01-28 13:02
Core Insights - ProStar Holdings Inc. has announced that the top-ranked water and wastewater construction company in the U.S. has adopted its Precision Mapping Solutions, specifically the PointMan software [1][3] - The adoption of PointMan signifies a shift from outdated practices to modern solutions in the construction industry, particularly for water and sewer systems that require urgent repairs and replacements [3] Company Overview - ProStar is a leading software development company specializing in patented cloud and mobile precision mapping solutions for critical infrastructure [4] - The flagship product, PointMan, enhances workflow processes related to the lifecycle management of critical infrastructure assets, including buried utilities and pipelines [4] Product Implementation - Enterprise clients typically start with a pilot project to assess the effectiveness and return on investment (ROI) of PointMan, with potential for expansion across multiple projects and regions [2] - The scale of enterprise companies presents a significant revenue opportunity, as they can increase the number of licenses needed for PointMan [2] Strategic Partnerships - PointMan is offered as a Software as a Service (SaaS) and has established strategic partnerships with leading geospatial technology providers and data collection equipment manufacturers [5] - The company has invested in building a substantial intellectual property portfolio, including 16 issued patents in the U.S. and Canada [5]
Prostar Announces The Recent Addition Of One Of The Largest Private Construction Management Companies In The United States To Its Growing List Of Enterprise Customers
Globenewswire· 2025-01-22 13:00
Core Insights - ProStar Holdings Inc. has secured a contract with one of the largest private construction management companies in the U.S. to implement its PointMan solution for managing critical infrastructure assets [1][2] - The client operates over 50 locations nationwide and generates annual revenue exceeding $8 billion, indicating a significant market opportunity for ProStar [2] - The initial project is based in Central Florida and emphasizes high security and safety standards, with potential for broader adoption across the client's operations if the pilot is successful [2][3] Company Overview - ProStar is a leader in developing patented cloud and mobile precision mapping solutions, particularly for the critical infrastructure sector [4] - The flagship product, PointMan, enhances workflow processes related to the lifecycle management of critical infrastructure assets, including buried utilities and pipelines [4][5] - PointMan is offered as a Software as a Service (SaaS) and is supported by strategic partnerships with leading geospatial technology providers and data collection equipment manufacturers [5] Market Dynamics - Enterprise clients typically start with a pilot project to assess PointMan's effectiveness and return on investment, which can lead to expanded use across multiple projects and regions [3] - The addition of major enterprise clients highlights a shift in the industry towards modern solutions, moving away from outdated practices [4] - The extensive network of contractors and subcontractors associated with these enterprise clients can further enhance market awareness for ProStar's offerings [3]
ProStar Announces a Reduction in Operational Costs and Amends the Company’s Long-Term Incentive Plan
Globenewswire· 2024-12-19 13:02
GRAND JUNCTION, Colo., Dec. 19, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc., ("ProStar®" or "the Company") (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00), a world leader in Precision Mapping Solutions, announced it has taken additional measures to further streamline its operations and amended its employee long-term incentive plan. These operational savings cumulatively will reduce operating expenses by over CDN $1.3M, representing approximately a 27% decrease year over year. The savings are primarily related to ...
ProStar Announces the Addition of Several Companies to its Growing List of Fortune 500 and Fortune 1000 Clients
Globenewswire· 2024-12-17 13:01
Core Insights - ProStar Holdings Inc. has expanded its client base by adding several Fortune 500 and Fortune 1000 companies, indicating strong market demand for its services [1][2] - The newly acquired clients include major players in the oil & gas sector, engineering and construction services, and infrastructure focusing on natural gas, water, and wastewater [2] - ProStar's PointMan precision mapping solution is being adopted to enhance operational efficiency, reduce costs, and improve safety for workers and the environment [2][3] Company Overview - ProStar is recognized as a leader in Precision Mapping Solutions, utilizing advanced GPS, cloud, and mobile technologies to create a digital mapping environment [3] - The company specializes in developing patented cloud and mobile solutions aimed at managing critical infrastructure assets both above and below ground [3][4] - ProStar's flagship product, PointMan, is offered as a Software as a Service (SaaS) and is supported by strategic partnerships with leading geospatial technology providers and data collection equipment manufacturers [4] Intellectual Property and Innovation - ProStar has invested significantly in building a robust intellectual property portfolio, which includes 16 issued patents in the United States and Canada [4] - These patents protect the methods and systems necessary for the digital capture and management of critical infrastructure locations, including buried utilities and pipelines [4]
MAPS DEADLINE: ROSEN LAW FIRM, NATIONAL TRIAL LAWYERS, Encourages WM Technology, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important December 16 Deadline in Securities Class Action First Filed by the Firm – MAPS
GlobeNewswire News Room· 2024-12-11 23:39
NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the “Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased WM Technology securities during the Class Period you may be entitled to compensation without payment of an ...
MAPS DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages WM Technology, Inc. Investors to Secure Counsel Before Important December 16 Deadline in Securities Class Action First Filed by the Firm – MAPS
GlobeNewswire News Room· 2024-12-05 02:24
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the “Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased WM Technology securities during the Class Period you may be entitled to compensation without payment of an ...
Shareholders of WM Technology, Inc. Should Contact The Gross Law Firm Before December 16, 2024 to Discuss Your Rights – MAPS
GlobeNewswire News Room· 2024-12-04 17:39
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of WM Technology, Inc. (NASDAQ: MAPS). Shareholders who purchased shares of MAPS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/wm-technology-inc-loss-submission-form/?id=114506&from=3  CLASS PERIOD: May 25 ...
Lawsuit Alert: Investors who lost money with WM Technology, Inc. (NASDAQ: MAPS) shares should contact the Shareholders Foundation
Prnewswire· 2024-12-03 18:40
 SAN DIEGO, Dec. 3, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced that lawsuit was filed for certain investors in WM Technology, Inc. (NASDAQ: MAPS) shares.Investors who purchased shares of WM Technology, Inc. (NASDAQ: MAPS) have prior to May 2021 have also options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.On September 25, 2024, the U.S. Securities and Exchange Commission (the "SEC") issued a litigation release in which it announced it ...
MAPS Investors Have Opportunity to Lead WM Technology, Inc. Securities Class Action Filed by The Rosen Law Firm
Prnewswire· 2024-12-02 17:25
NEW YORK, Dec. 2, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the "Class Period"), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased WM Technology securities during the Class Period you may be entitled to compensation without payment of any out of po ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages WM Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – MAPS
GlobeNewswire News Room· 2024-11-27 13:00
NEW YORK, Nov. 27, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the “Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased WM Technology securities during the Class Period you may be entitled to compensation without payment of an ...