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    PFM   CA74345T1057

PRONTOFORMS CORPORATION

(PFM)
  Report
Delayed Quote. Delayed Bourse de Toronto - 09/20 02:43:45 pm
1.04 CAD   -2.80%
09/15PRONTOFORMS : Announces Option Grant
AQ
08/24PRONTOFORMS : rsquo; annual user conference EMPOWER'21 to bring together top field service leaders
AQ
08/23PRONTOFORMS : Announces Option Grant
AQ
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ProntoForms : A global HVAC and refrigeration manufacturer deploys ProntoForms to over 1,000 technicians to improve asset management

06/24/2021 | 07:01am EDT

OTTAWA, June 24, 2021 (GLOBE NEWSWIRE) -- ProntoForms Corporation (TSXV: PFM), the global leader in field-focused low-code application platforms for enterprise, announced today that a Fortune 500 HVAC and refrigeration manufacturer will deploy ProntoForms to over 1,000 technicians to improve asset management.

Keeping complex workflows cool
The global manufacturer, operating in 150 countries with over 50,000 employees, works with businesses to provide state-of-the-art clean air, refrigeration, fire, and security solutions. They implemented ProntoForms as an extension to their current field service management solution to tackle complex workflows and professional service documentation. They wanted to provide regional teams with customizable document control while maintaining the consistency of company-wide operational data for assets deployed in customer locations.

ProntoForms was the solution of choice because it empowers field technicians to complete complex service in a more reliable way that ultimately impacts asset uptime. ProntoForms was selected over competing platforms because of several key capabilities:

  • Ease of use and agility to build custom contextual apps with conditional logic based on equipment models and locations
  • A seamless integration with their current field service management solution to extend data collection further into the field
  • Automatic generation of fully customizable, professional PDF documents
  • The ability to collect photos that document services rendered

Extending other strong platforms
“This manufacturing customer has a corporate commitment to minimizing their environmental footprint and holding themselves accountable to measurable impacts,” said Alvaro Pombo, Founder and Chief Executive Officer of ProntoForms. “ProntoForms is now an important contributing technology to their sustainability commitment, in parallel with a core solution for field technicians to improve service on deployed assets, which positively impacts uptime and customer satisfaction.”

Mr. Pombo continued, “This customer is a great example of how unique ProntoForms platform features, including rich data collection, advanced conditional logic, and custom documentation, come together to satisfy the needs of enterprises in this space. We’re confident that we will continue to provide long-term value to this customer. They manufacture and maintain similar assets to another ProntoForms customer in this industry that has deployed ProntoForms to over ten thousand technicians. There’s opportunity here.”

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
apombo@prontoforms.com
Babak Pedram
Investor Relations
Virtus Advisory Group Inc.
416-644-5081
bpedram@virtusadvisory.com

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.


Primary Logo

Source: ProntoForms Corporation

2021 GlobeNewswire, Inc., source Press Releases

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Financials
Sales 2021 25,0 M 19,6 M 19,6 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 136 M 106 M 106 M
Capi. / Sales 2021 5,42x
Capi. / Sales 2022 4,49x
Nbr of Employees -
Free-Float 66,3%
Chart PRONTOFORMS CORPORATION
Duration : Period :
ProntoForms Corporation Technical Analysis Chart | PFM | CA74345T1057 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 1,04 CAD
Average target price 1,75 CAD
Spread / Average Target 68,3%
Managers and Directors
Alvaro Pombo President, Chief Executive Officer & Director
David Croucher Chief Financial Officer
Terry Hedley Matthews Chairman
Aly Mawani Vice President-Client Success & Operations
Jonathan Shantz Independent Director
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