Mississauga, Ontario--(Newsfile Corp. - September 18, 2015) - Pioneering Technology Corp., (TSXV: PTE), an "energy smart" product innovation/consumer goods company and North America's leader in cooking fire prevention technologies is pleased to announce that Canadian Business and PROFIT have ranked Pioneering Technology Corp., No. 400 on the 27th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Pioneering Technology Corporation made the 2015 PROFIT 500 list for the fourth time in the past 5 years with five-year revenue growth of 113%.
"The PROFIT 500 represent the highest tier of entrepreneurialism in Canada," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "They should be lauded for the positive economic contributions they've made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination."
"Pioneering Technology Corp is honoured to be on the PROFIT 500 ranking for the 4th time in 5 years," says CEO Kevin Callahan. "This achievement reflects the strength of our growing business, our innovative product solutions and the commitment and dedication of our team. Based on 2015 performance to date we fully expect, and look forward, to being on the Profit 500 again next year."
About PROFIT and PROFITguide.com
PROFIT is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total print readership of more than 600,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
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 everyday consumer appliances making them safer, smarter, and 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 save energy. According to the National Fire Protection Association, stovetop cooking is the number one cause of household fire in North America (44% of all household fires). Pioneering's products have installed in well over 150,000 multi-residential housing units across North America without a single cooking fire being reported and delivering a return on investment for its Customers. Pioneering's cooking fire prevention trademarks include Safe-T-element, SmartBurner, RangeMinder and Safe-T-sensor. www.pioneeringtech.com.
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This news release contains certain forward-looking statements reflecting the Company's current views or expectations on 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.
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