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Pioneering Technology Corp

Exchange: TSXV Exchange | Dec 11, 2018, 2:41 AM EST

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Pioneering Technology Corporation’s Highly Anticipated SmartBurner™ Now Available to the Consumer Market

First production run of SmartBurner immediately sells out

Pioneering Technology Corporation (TSX-V:PTE; OTCBB:PTEFF), (“Pioneering”), North America’s leader in cooking fire prevention technologies and products announces today that SmartBurner, the new consumer version of its award winning Safe-T-element cooking system, is now available to the general public.

The SmartBurner, which can be self-installed in seconds, is in high demand and now available to the general public. It is available for purchase across Canada at various retail outlets and starting next week can be purchased in both Canada and the U.S. online by visiting www.pioneeringtech.com or www.smartburnerisbetter.com.

SmartBurner not only helps prevent cooking fires, but also helps reduce energy consumption, improves cooking performance and dramatically enhances the aesthetics of electric coil stoves. The Company’s first production run is already sold out and production is currently being ramped up to keep up with demand.

The potential customer base for SmartBurner is significant with stovetop cooking fires being the number one cause of household fires in North America (44% of all household fires according to the National Fire Protection Association – up from 20% in 1980). Unattended cooking on electric coiled stovetops is by far the leading cause. Pioneering has installed over 100,000 of their original Safe-T-element cooking systems – which require professional installation - in multi-residential housing complexes across North America with not one subsequent cooking fire reported.

The Company will roll out a comprehensive media campaign to help support the launch of SmartBurner. The official media launch of the product will begin week of October 5th in conjunction with National Fire Prevention Week that will be taking place throughout Canada and the United States.

Pioneering CEO Kevin Callahan said, “This is a solution we have been repeatedly asked for and one which we’re incredibly excited to launch to the market and offer directly to consumers. With SmartBurner; our soon to be launched RangeMinder product; and our existing B2B products, we now have proprietary cooking fire prevention solutions for the majority of the more than 140 million stoves/ranges and microwave ovens throughout North America. With the continued growth of our existing commercial solutions business, I expect the Company to see exponential growth now that we’re able to also deliver state-of-the-art, life saving fire prevention products directly to consumers.”

About Pioneering Technology Corp: Pioneering, based in Mississauga, Ontario is an "Energy Smart" product innovation/consumer goods company and North America's leader in cooking fire prevention technologies. Pioneering engineers and brings to market energy smart solutions for consumer products making them safer, smarter and/or more efficient. Pioneering's patented cooking fire prevention technologies/products are engineered to help prevent cooking fires, the number one cause of household fire (a multi-billion dollar problem) in North America and around the world. Pioneering cooking fire prevention trademarks include Safe-T-element, RangeMinder, SmartBurner and Safe-T-Sensor. For more information visit: www.pioneeringtech.com.

For more information please contact:
Kevin Callahan, President & CEO of Pioneering Technology (905) 712-2061 x222 kcallahan@pioneeringtech.com;
Jonathan Buick, The Buick Group, Corporate Relations (416) 915-0915 jbuick@buickgroup.com; OR
Josh Stanbury, josh@sjspr.co.uk, SJS Public Relations (416) 628-7441.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.

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