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Pioneering Technology Reports 2018 Year-end Financial Results

Investor Communication

Mississauga, ON (January 29, 2019) – Pioneering Technology Corp. (TSXV: PTE) (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technologies and products, reports its audited 2018 financial results and some business highlights for the fiscal year ended September 30, 2018. Pioneering’s audited financial statements and MD&A are available on SEDAR (www.sedar.com). In 2018, Pioneering accomplished much on the operational side of the business: investing in its future growth including strengthening its management and US field sales team; bringing discipline to its internal operations; making important headway with its growing distributor network; investing in marketing activities; and researching and rebranding the Company’s future product sales strategy for both B2B and retail. The Company believes these initiatives were necessary and will help the Company grow going forward. At the same time the Company did not deliver the financial results it had anticipated for 2018.

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