ProStar and JAVAD GNSS Announce a Global Partnership to Deliver Precision Mapping Technology to the Utility Industry

GRAND JUNCTION, Colo., May 12, 2025 (GLOBE NEWSWIRE) -- ProStar^® Holdings Inc., (“ProStar^®” or “the Company”) (TSXV: MAPS, OTCQX: MAPPF, FSE: 5D00), the developer of the PointMan^® Precision Mapping Solutions^®, and JAVAD GNSS, the manufacturer of patented GNSS technologies, have partnered to bring JAVAD GNSS receivers to the utility and critical infrastructure industry.

This collaboration is the latest in ProStar’s ongoing strategy to integrate the world’s best-in-class technologies into its PointMan solution, including software service providers and equipment manufacturers. By integrating the world’s best-in-class technologies into PointMan, ProStar is creating the world’s most powerful, precise, cost-effective, and user-friendly precision mapping solution. These collaborations accelerate adoption and drive revenue by leveraging our partners’ distribution networks and customer bases.

JAVAD is a world leader in providing patented multi-constellation, multi-frequency GNSS technology for demanding industrial applications that include aerospace, marine, and land survey industries. JAVAD products are world renowned for innovative advancements in accuracy, anti-spoofing, power efficiency, and performance in harsh environments. The strategic partnership is designed to provide ProStar’s PointMan with JAVAD’s survey-grade GNSS receivers on a global basis through the JAVAD global distribution network.

“Our mission at JAVAD GNSS has always been to provide the most reliable, accurate, and innovative positioning solutions,” said Simon Baksh, VP of Product Development at JAVAD. “We made the decision to enter the utility mapping market where we see tremendous growth opportunities on a global basis, and after extensive research chose PointMan to meet our demanding criteria. Partnering with ProStar allows us to bring JAVAD technologies to new markets where accurate geospatial data is crucial.”

“We continue to strategically align ourselves with the world’s leading equipment manufacturers and to establish PointMan as the global leader in precision mapping,” stated Page Tucker, CEO and Founder of ProStar. “JAVAD GNSS receivers are world-renowned in the aerospace and surveying industries for their performance and precision, and combined with PointMan create a best-in-class precision mapping solution for any stakeholder located anywhere in the world that desires to map the precise location of underground infrastructure even in the harshest environments.”

About JAVAD GNSS
 JAVAD GNSS deploys patented multi-constellation, multi-frequency GNSS technology for demanding industrial applications. JAVAD products are known for high performance, accuracy, jamming & spoofing protection, power efficiency, and compact size to enable people, products, and machines to locate themselves precisely and reliably. All JAVAD GNSS products are proudly made at its Headquarters and state-of-the-art manufacturing facility in San Jose, California, with technical support from a global team of experts and development engineers with years of experience. Javad Ashjaee, a pioneer of the GNSS industry, founded JAVAD GNSS in 2007. The company continues today with its original vision of innovation and excellence.

About ProStar
ProStar is a leading software company specializing in patented cloud and mobile mapping solutions for the critical infrastructure industry. Its flagship product, PointMan, streamlines the management of above- and below-ground assets like utilities and pipelines, improving workflows across their lifecycle. Offered as a SaaS platform, PointMan integrates with top geospatial tech providers and equipment manufacturers. ProStar holds 16 issued patents in the U.S. and Canada, supporting its strong IP portfolio. For more information about ProStar, please visit www.prostarcorp.com.

On behalf of the Company,
Contact:
Page Tucker
CEO & Director
970-242-4024
[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.

Cautionary Statements Regarding Forward-Looking Information

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’s future plans. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” 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’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 that the Company is unaware of at this time. The reader is referred to the Company’s most recent Annual Management’s Discussion & Analysis filed on SEDAR + on April 19, 2024, for a more complete discussion of applicable risk factors and their potential effects, copies of which may be accessed through the Company’s issuer page on SEDAR + at www.sedarplus.ca.