ProntoForms Corporation Names Michael Kramer as CRO

OTTAWA, ON – June 26th, 2021, ProntoForms Corporation (TSXV: PFM), the global leader in field-focused low-code application platforms for enterprise, announced today that Michael Kramer has joined the company as the Chief Revenue Officer, reporting directly to Alvaro Pombo, CEO of ProntoForms.

Mr. Kramer is a revenue executive with over 20 years of experience in the software as a service (SaaS) industry. He previously held CRO roles at both BlueRidge.AI and Steelwedge Software, as well as executive sales roles at SAP, Infor, Workday, Fuze, and Accruent. He is continuing his learning in Innovation and Entrepreneurship at Stanford University Graduate School of Business, holds an MBA at the University of Dallas, and has a Bachelor of Science in Engineering at Purdue University.

“We’re very happy to have Michael join our executive team,” said Alvaro Pombo, CEO of ProntoForms. “He brings a wealth of SaaS experience, as well as a proven track record of consistently exceeding revenue targets—we see Michael as an important, strategic fit for our growth.”

“I’m delighted to join the ProntoForms team and look forward to playing a key role in the growth of the company,” said Michael Kramer. “My experience selling SaaS to enterprise customers helped me truly understand the value of low-code software platforms. I appreciate the unique position ProntoForms holds as the leading platform for agile, custom mobile apps for the field.”

The appointment of all officers are subject to necessary regulatory approvals.

About ProntoForms Corporation

ProntoForms is the global leader in field-focused low-code application platforms for enterprise. The Company’s solution is used to create apps and forms to collect and analyze field data with smartphones and tablets – either as a standalone solution or as a mobile front-end to enterprise systems of record.

The Company’s 100,000+ subscribers harness the intuitive, secure, and scalable solution to increase productivity, improve quality of service, and mitigate risks. The Company is based in Ottawa, Canada, and trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly owned subsidiary of ProntoForms Corporation.

For additional information, please contact:

Alvaro Pombo
Chief Executive Officer
ProntoForms Corporation
613.599.8288 ext. 1111
Contact Alvaro

Babak Pedram
Investor Relations
Virtus Advisory Group Inc.
416-644-5081
Contact Babak

Contact Information

Alvaro Pombo
co-Chief Executive Officer
TrueContext Corporation
613.599.8288 ext. 1111
apombo@truecontext.com

Philip Deck
co-Chief Executive Officer
TrueContext Corporation
416.702.3974
pdeck@truecontext.com

Dave Croucher
Chief Financial Officer
TrueContext Corporation
613.286.9212
dcroucher@truecontext.com

Certain information in this press release may constitute forward-looking information. For example, statements about the Company’s future growth or value, the revenues anticipated to be received by the Company from recent contracts referred to above and anticipated market trends are forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company’s business and value may not grow as anticipated or at all, revenue anticipated from contracts may not be received due to many risks, including factors specific to the customer, and anticipated market trends may not occur or continue. Historical growth levels and results may not be indicative of future growth levels or results. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. There are a number of risk factors that could cause future results to differ materially from those described herein. Please see “Risk Factors Affecting Future Results” in the Company’s annual management discussion and analysis dated March 9, 2022 found at www.sedar.com for a discussion of such factors. ARR is calculated as the annual equivalent of the recurring elements of our contracts with customers that are in effect at the end of the period. It excludes one-time professional service fees and assumes that customers will renew the contractual commitments on a periodic basis as those commitments come up for renewal, unless such renewal is known to be unlikely at period end. Please also refer to the Company’s management discussion and analysis for the year ended December 31, 2022 for a description of how the Company determines and uses ARR. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.