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ProntoForms enters $670,000 2-Year Contract with Fortune 50 Company

Mobile solution transforms enterprise asset management across the Americas

OTTAWA, Canada – December 22, 2017 – ProntoForms Corporation (TSXV: PFM), the global leader in automating mobile workflows, today announced that it has signed a contract with a Fortune 50 company to deliver ProntoForms automated mobile solution and professional services commencing in January 2018, with a total value of at least $670,000 USD over the next two years – the second Fortune 50 contract secured by ProntoForms this month.

This deployment, focused on automating safety, installation & maintenance processes for new equipment, is the result of a collaborative effort between Line of Business (LOB) managers and the IT department. The non-technical LOB managers, commonly referred to as "citizen developers," were able to use ProntoForms to quickly build and deploy a custom mobile app.

"A recent report from a leading analyst firm describes how low-code, or no-code, rapid mobile application development (RMAD) tools are increasingly used by employees outside traditional R&D or IT teams; giving additional context to deployments such as the one outlined above," says Alvaro Pombo, CEO of ProntoForms.

"Our flexible platform provides our enterprise customers with agility, scalability, and industry-leading capabilities, enabling them to quickly build a diverse portfolio of powerful mobile apps their field users want to use every day."

About ProntoForms

ProntoForms is a global leader in automating mobile workflows. The company's platform is used to collect and analyze field data with smartphones and tablets, and offers a low total cost of ownership. The company’s 3,000+ customers harness the intuitive, secure, and scalable solution to increase productivity, improve quality of service, and mitigate risks.  

The company trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly owned subsidiary of ProntoForms Corporation.

 
Certain information in this press release may constitute forward-looking information. For example, statements about the Company's future growth or value 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 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.

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.
 
Contact Information

Alvaro Pombo
Chief Executive Officer
ProntoForms Corporation
613.599.8288 ext. 1111


Babak Pedram
Investor Relations
Virtus Advisory Group Inc.
416-644-5081