ProntoForms announces name change of operating company to TrueContext Inc.

New identity signifies product evolution and return to company’s roots


OTTAWA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- ProntoForms Corporation (TSXV: PFM) (the “Company”), the global leader in field intelligence, announced today that its operating company and wholly-owned subsidiary, ProntoForms Inc., has changed its name to TrueContext Inc. The name change is part of a larger rebranding initiative to better align the Company’s identity with its product evolution. We expect to update the Company’s website, mobile app and live portal and change the name of ProntoForms Corporation to TrueContext Corporation later in November, followed by the new ticker symbol TCXT on the TSXV. The Company will make a further announcement once its name change has been completed.

About ProntoForms Corporation
The Company is the global leader in field intelligence. The platform’s field workflows and data collection capabilities enable enterprise field teams to optimize decision-making, decrease organizational risk, maximize the uptime of valuable assets, and deliver exceptional service experiences. Over 100,000 subscribers use our platform across multiple use cases, including asset inspection, compliance, installation, repair, maintenance, and environmental, health & safety with quantifiable business impacts. 

The Company is based in Ottawa, Canada, and trades on the TSXV under the symbol PFM. ProntoForms and TrueContext are registered trademarks of TrueContext Inc., a wholly-owned subsidiary of the Company.

For additional information, please contact:

Alvaro Pombo
co-Chief Executive Officer
ProntoForms Corporation
613.599.8288 ext. 1111
apombo@prontoforms.com
Philip Deck
co-Chief Executive Officer
ProntoForms Corporation
416.702.3974
pdeck@prontoforms.com
Dave Croucher
Chief Financial Officer
ProntoForms Corporation
613-286-9212
dcroucher@prontoforms.com

Certain information in this press release may constitute forward-looking information. For example, statements about the Company’s planned change of name and ticker symbol are forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. The name and symbol change remain subject to approval by the TSX Venture Exchange. 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 8, 2023 found at www.sedar.com for a discussion of such factors.

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.