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Underground mapping data specialist ProStar Holdings Inc (TSXV:MAPS/FSE:5D00) has launched a new technology product that is aimed directly at the needs of the infrastructure industry, just as the US is poised to initiate a major infrastructure spending program.

Called PointMan Pro it is a native cloud mobile precision mapping solution that connects engineers in the field with the office. While it seems simple, the system cuts through decades old ways of doing business in the infrastructure business, bringing in whole new levels of unprecedented efficiency. There will be no further need for results to be physically returned to offices for analysis, and data can be shared while engineers are still on site, using their mobile devices.

Timing of PointMan Pro launch could not be better

Yes, this is patented, and yes its arrival on the scene is extremely timely as the US gears up for a major infrastructure building program. We just saw President Biden announce a once in a generation infrastructure spending package to “rebuild the backbone of America.”  worth trillions of dollars. Less than 24 hours later ProStar has unveiled a piece of technology that will make that process a lot easier than it used to me. And ProStar owns the tech.

PointMan Pro lets teams capture, record, display and manage critical infrastructure data needed for the management of roads, railways, pipelines and utilities from a standard mobile device. It has been two years in development and has required a significant allocation of resources. Several months of beta testing was needed with select trusted testers that included some of the largest construction and sub-surface engineering firms in North America.

“PointMan Pro is an industry game changer as it completely modernizes and streamlines siloed and disparate business practices that have been in existence for decades,” said Page Tucker, CEO and Founder of ProStar. “As of today, it doesn’t matter if you are a small surveying firm with only a handful of employees, a municipality in a remote rural area with limited resources, or a Fortune 500 company, PointMan Pro now provides the geospatial world with the most precise, flexible, scalable, and cost-effective enterprise mapping solution. Just like Uber disrupted the transportation industry and Airbnb disrupted the hospitality industry, we have developed a better, faster, and cheaper solution and are now poised to disrupt the entire infrastructure industry.”

Major industry game changer

PointMan Pro is going to be a major game changer for the construction industry – it eliminates in one fell swoop outdated workflow processes and legacy equipment, allowing field personnel to share critical data with home office in real time. Prior to the release of this technology by ProStar, collecting and sharing data was an onerous process. It required a substantial investment in software, hardware and further dedicated resources. Data workflow could take days, even weeks and could create significant delays.

PointMan Pro was developed leveraging the most modern mobile and cloud development platforms, including Microsoft Xamarin and Amazon Web Services (AWS) in order to achieve seamless systems integration as well as unmatched scalability, flexibility, security, and ease of use.

PointMan Pro is accessible from any browser running on a standard laptop or mobile device and supports native applications on iOS and Android. It was developed to be easily adopted and support any sized business or government agency, anywhere in the world, in any currency, and in any language.

It meets ProStar’s corporate vision of entirely transforming the infrastructure industry by making cutting edge precision mapping solutions accessible to anyone and the company’s plans for global expansion can now be realized.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Stuart Fieldhouse

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

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