ProStar Announces the Integration of PointMan with Rycom Instruments

GRAND JUNCTION, Colo., Jan. 08, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc. (“ProStar” or the “the Company”) (TSXV: MAPS) (OTCQB: MAPPF) a world leader in Precision Mapping Solutions, is pleased to announce the successful integration of its flagship product, PointMan, into Rycom Instruments cable and pipe locating devices. As a result of this integration, Rycom Instrument’s Pathfinder devices now have the ability to capture, record, and share the precise location of buried utilities and pipelines anywhere in the world with PointMan. 

“We are very excited about the integration of Rycom Pathfinder with ProStar’s PointMan,” stated Doug Reitz, Executive VP of Rycom. “We recognize PointMan as best in class, and combining it with Rycom’s Pathfinder means that underground utility infrastructure, buried anywhere in the world, can now be precisely located, and the critical location data quickly and efficiently recorded, displayed, and shared with anyone from a standard mobile device.” 

ProStar’s goal is to establish strong strategic business partnerships with all major equipment manufacturers of cable and pipe locate devices, ground penetrating radar, and GPS/GNSS receivers throughout the world. These partnerships potentially represent global sales distribution channels in a variety of industry sectors. Further, it allows clients to leverage PointMan into legacy equipment without requiring additional hardware investment.The completion of the integration with Rycom Instruments marks yet another major milestone for ProStar, as it means PointMan is now integrated into almost every major manufacturer of electromagnetic cable and pipe locate device, ground penetrating radar, and GPS/GNSS receivers. ProStar expects to provide more information in early 2024 on the Company’s continued efforts to establish strong business partnerships with the leading hardware equipment manufacturers. 

“The mission of Prostar is to increase the Company’s global footprint and distribution network through the creation of strong business partnerships with all of the leading equipment manufacturers, including Rycom Instruments,” stated Page Tucker, CEO and founder of ProStar. By creating business partnerships with all of the major hardware manufacturers in the utility detection space including electromagnetic utility locate devices, ground penetrating radar, as well as GPS/GNSS receivers, ProStar materially increases the probability of having market share dominance. I would like to thank Rycom Instruments and note the partnership with Rycom Instruments is not only a strong indication that the construction industry is entering into a digital transformation, it is also evident that PointMan is leading it.”