ProntoForms Releases Customer Impact Report Demonstrating Powerful ROI

The report gathers key quantifiable business impacts experienced by customers

OTTAWA, March 3rd, 2022 — ProntoForms Corporation (TSXV: PFM, ProntoForms Corporation (TSXV: PFM), the global leader in no-code app development platforms for field teams, is pleased to announce that it has released its Customer Impact Report in collaboration with Wakefield Research, a leading market research consultancy.

The quantifiable findings support cornerstone benefits that ProntoForms provides customers, including improved technician satisfaction, increased technician effectiveness, and improved levels of compliance. It also features quotes from leading enterprise ProntoForms customers during recent digital and live events.

Some of the key findings include:

90 minutes saved per day per technician
89% of customers reduced their technician administrative burden
83% increased technician job satisfaction
85% increased their technician productivity
91% improved complex field work execution

“There are several macrotrends challenging success in field service: changing demographics with seasoned technicians rapidly retiring, a difficult hiring market to backfill talent, increasingly complex assets and compliance requirements, and a lack of agility around mobile enablement for technicians to be effective at their work,” said Alvaro Pombo, CEO and Founder of ProntoForms. “Our agile platform empowers customers to rapidly deploy customized field solutions that directly address these trends and provide powerful and measurable business impacts in return. This third-party research strongly reaffirms our commercial and product strategy.”

About ProntoForms Corporation

ProntoForms is the global leader in no-code app development platforms for field teams. The Company’s platform enables organizations to rapidly develop custom mobile apps with context and intelligence, empowering field teams to reliably complete complex work more effectively and safely.

The Company’s subscribers harness the intuitive, secure, and scalable solution to improve asset uptime and CSAT, while also reducing compliance incidents and work stoppages. 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.

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.