OTTAWA, ON – March 22nd, 2022, ProntoForms Corporation (TSXV: PFM), the global leader in no-code app development platforms for field teams, is pleased to announce a multi-year agreement with a Fortune 500 power and renewable energy global enterprise, deploying the Company’s technology starting with 450 subscriptions across two sub-divisions.

“This is another strong example of a global brand leveraging our platform to meet digital transformation objectives and to empower the edge of their organization,” said Alvaro Pombo, Founder and CEO of ProntoForms. “The agility of our platform and the ability for businesspeople to rapidly design, deploy, and iterate new business uses cases in a digital way cannot be overstated. It enables organizations to drive new revenue opportunities, streamline workflows, improve proof of work documentation, and ultimately drive greater ROI.”

Mr. Pombo continued, “The utility and power industries are areas of strength for our platform and growing deployment of sophisticated assets in the renewable energy industry continues to drive growth opportunities for us. This customer has the potential to expand geographically into other sub-divisions including healthcare and power and we anticipate supporting them in launching these additional use cases.”

The Fortune Global 500 enterprise’s renewable energy sub-division needed a digital solution for their health and safety reporting as well as their inspection processes for wind and hydro turbines. Previously deployed field service management solutions were unable to scale to meet their business objectives. Additionally, their utility sub-division needed a solution that could gather competitive performance metrics and operational KPIs directly from the field to enable their field engineers and salespeople.

The advanced capabilities of ProntoForms made it the platform of choice. ProntoForms’ agility to deploy multiple use cases, seamless and intelligent connection to field service management platforms, ability to move contextual data from the field to office, as well as the capability to embed rich media into automatically rendered and routed custom work documents, were key factors in their choice. Additionally, the ability to enable field personnel to reliably deal with complex variability in their work was critical in their selection of ProntoForms.

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.