Mr. Page Tucker reports

PROSTAR ANNOUNCES THAT IT HAS REACHED SETTLEMENT TERMS WITH EOS POSITIONING SYSTEMS, INC. REGARDING PATENT SUIT

Prostar Holdings Inc. has reached a settlement with Eos Positioning Systems Inc. regarding a lawsuit initiated by Eos related to a number of Prostar's patents.

Eos filed a lawsuit civil action No. 22-201 (MN) against Prostar claiming a number of the Prostar's patents were invalid. The matter has now been resolved to the satisfaction of all parties and the lawsuit is dismissed with prejudice. As part of the settlement, any additional terms beyond what is detailed in publicly available documents are not being disclosed.

"We allocated a significant amount of time and resources defending our patent portfolio, so I am pleased with the outcome," stated Page Tucker, chief executive officer and author of several of the patents. "With this patent invalidation lawsuit now behind us, we plan to keep enforcing our patent portfolio."

About Prostar Holdings Inc.

Prostar is a world leader in precision mapping solutions and is creating a digital world by leveraging the most modern GPS, cloud and mobile technologies. Prostar is a software development company specializing in developing patented cloud and mobile precision mapping solutions focused on the critical infrastructure industry. Prostar's flagship product, PointMan, is designed to significantly improve the workflow processes and business practices associated with the life cycle management of critical infrastructure assets both above and below the Earth's surface.

We seek Safe Harbor.