GRAND JUNCTION, Colo. (GLOBE NEWSWIRE) — ProStar Holdings Inc. (“ProStar®” or “the Company”) (OTCQX: MAPPF) (TSXV: MAPS) (FSE: 5D00), a world leader in Precision Mapping Solutions®, is pleased to announce that Canadian Patent No. 2980438, prepared and prosecuted by Lewis Roca LLP, one of the United States leading intellectual property law firms, has been granted to ProStar®. The patent is considered a pioneer patent in the field of utility data collection and directed to an improved method for calculating tolerance zones for utility assets. The patented method provides critical utility asset data in a more timely and efficient manner which helps to prevent damages to utilities and the environment during infrastructure construction, repair, and groundbreaking activities.
“ProStar is the pioneer in precision utility locating, precision utility mapping, as well as digital management of underground utility and pipeline information,” said Raymond R. Tabandeh, the Lewis Roca partner who prosecuted the patent. “This is ProStar’s 21st issued patent and further buttresses ProStar’s extensive U.S. and Canadian patent portfolio,” added Tabandeh.
ProStar’s patents are directed to the processes and methods that digitally capture, record, and display the precise location of buried utilities. With recent advancements in mobile, cloud, and GPS/GNSS technologies combined with an ever-increasing amount of damages to buried utilities caused by construction activities or aging, ProStar’s patents position the Company to be a world leader in utility damage prevention.
Click here to see a complete list of ProStar’s IP portfolio.
ProStar’s Chief Executive Officer and coinventor of the issued patent, Page Tucker stated, “It is a major milestone for any early-stage company to have been issued any number of patents, let alone over 20. Not only does this 21s patent issuance validate that we are the pioneer in precision utility mapping, but this issuance also puts us in a very strong position supported by an extensive IP portfolio to now begin the process of enforcing the patents against those that are potentially infringing.”