ProStar Holdings Inc. (MAPS:TSX.V) announced in a news release that through a newly formed educational partnership, Louisiana Tech University (LTU) will integrate the company's Precision Mapping Solutions™ PointMan into the undergraduate and graduate curricula of the university's engineering department.
As part of the arrangement, ProStar will provide LTU with free educational licenses for ProStar's software and is developing an educational program called PointMan University. The partnership also calls for transfer of information between ProStar and LTU's Trenchless Technology Center (TTC), which conducts research to improve trenchless technologies used to manage infrastructure.
"Working with innovative and disruptive technologies like ProStar's PointMan® is invaluable to the education of the engineering students at Louisiana Tech University. PointMan offers the ability for my students to become familiar with a new and innovative technology that is now seeing adoption by construction firms, engineering and surveying companies, and government agencies," TTC Director Dr. John Matthews said in the release.
Ben Skogen, PointMan project manager at ProStar, stated, "This is a great opportunity to further expand our reach and encourage adoption as we now get the brightest young engineering minds familiar with our solutions before they enter the workforce." The company reported that it has "received expressions of interest from other major universities in North America as well as Europe to enter into a similar educational engagement as Louisiana Tech University." [NLINSERT]
Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with ProStar Holdings. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of ProStar Holdings, a company mentioned in this article.