ProStar Holdings Inc. (MAPS:TSX.V) announced in a news release that "Canadian Patent No. 3,034,837, prepared and prosecuted by Lewis Roca Rothgerber Christie LLP (LRRC), one of the United States leading intellectual property law firms, has been granted to ProStar®."
ProStar Holdings noted that the "patent is a pioneer patent and directed to mobile devices used for the data collection processes that capture information about utility assets, create data records, and transmit the information to the cloud from the mobile device. The patented device and method provide 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."
LRRC Partner Raymond R. Tabandeh, who prosecuted the patent, commented, "ProStar is a pioneer in precision utility locating, precision utility mapping, as well as digital management and distribution of utility information…This is ProStar's 20th issued patent and further buttresses ProStar's extensive U.S. and Canadian patent portfolio."
The company stated that the recently issued patent covers both the system and methods for determining the exact location of underground lines and equipment and the capability of displaying and sharing the information in real time. The firm noted that the patent encompasses all of the processes of factoring in the topography of a region and the utility companies located in the area. The information gathered is collected into a database and if desired can be displayed with reference to imagery of the area in real-time.
ProStar Holdings' CEO and a coinventor of the issued patent, Page Tucker, remarked, "It is a major milestone to have been issued our 20th patent. Not only does this issuance validate that we are the pioneer in utility mapping, but this issuance also puts us in a strong position supported by a very extensive IP portfolio to start prosecuting any patent infringements."
ProStar noted that its native cloud and mobile flagship product called PointMan® is offered as a Software as a Service (SaaS). The firm added that its products and software solutions can capture, record and display pertinent information for managing critical infrastructure assets such as pipelines, railways, roads and utilities in real-time.
ProStar stated that it has formed strategic business partnerships with many leading global geospatial technology providers, data collection equipment manufacturers and dealer networks including Trimble®, Juniper® Systems, Bad Elf and others. The company indicated that its IP portfolio includes 20 issued patents in the U.S. and Canada. The firm noted that "its patents protect the methods and systems required to digitally capture, record, organize, manage, distribute and display the precise location of critical infrastructure including buried utilities and pipelines."[NLINSERT]
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