Press Releases

Mississauga, ON April 16, 2020) – Pioneering Technology Corp. (TSXV: PTE; OTC: PTEFF), (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technologies and products is very pleased to announce that Mercy Housing, headquartered in Denver Colorado,  has chosen SmartBurner as its cooking fire prevention solution for properties equipped with an electric coil stove.  The decision follows a successful pilot program involving multiple properties across the United States without a single report of a cooking fire.

Mercy Housing is a leading affordable housing organization in the U.S. that serves more than 45,000 low-income residents in 21 states.  Robert Jacoby, Vice President of Procurement for Mercy Housing said: “Part of Mercy Housing’s mission is to provide families, veterans, seniors and people with special needs with stable housing, and we’re always looking for opportunities to enhance that experience to strengthen communities. SmartBurner helps us do just that by improving residents’ lives at home so that they can pursue brighter futures.” 

SmartBurner is a direct easy-to-install replacement for coil elements on electric coil stoves and is proven to help prevent unattended cooking fires by controlling the maximum temperature to below the auto-ignition point of cooking oils and most common household materials, while still cooking effectively and efficiently.  SmartBurner delivers a better cooking experience, helps reduce energy costs, and exceeds the new UL858.60A industry standard.  It also has the support of many national fire service and prevention leaders.  SmartBurner has been installed more than 1 million times without a single cooking fire.

These are significant results given that cooking fires are the leading cause of home fires and fire-related injuries in America and cause more than $8 billion in direct and in-direct property damage annually. Approximately 50% of all house fires in the U.S. are due to cooking, specifically unattended cooking. Mercy Housing’s recent SmartBurner pilot projects demonstrated that it can help prevent cooking fires before they can start.  

Pioneering CEO, Kevin Callahan, said of the announcement, “Given our perfect track record over the past ten years of helping to eliminate the cooking fire problem, we had every confidence that Mercy Housing’s pilot projects would be successful. And now we are very pleased to be moving forward with Mercy Housing in an effort to help them deliver on their mission of providing stable, affordable housing for those in need by better protecting their tenants and properties from the ever-present risk of cooking fires.” 

SmartBurner is approved for all Mercy Housing properties to purchase where applicable. 

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About Mercy Housing:

Mercy Housing, Inc. (MHI), is a leading national affordable housing nonprofit headquartered in Denver, Colo. Established by the Sisters of Mercy in 1981, and in operation in 42 states, MHI has more than 37 years’ experience developing, preserving, managing, and financing affordable housing. MHI supplements much of its housing with Resident Services, programs that help residents build stable lives. MHI’s subsidiaries further the organization’s mission: Mercy Housing Management Group (MHMG) offers professional property management and Mercy Loan Fund (MLF) finances nonprofit organizations. MHI serves tens of thousands of people with low incomes, including families, seniors, veterans, people who have experienced homelessness, and people with disabilities. Its mission is to build a more humane world where poverty is alleviated, communities are healthy, and all people can live to their full potential. To learn more about MHI and the services it provides, visit mercyhousing.org.

About Pioneering Technology Corp.:

Pioneering Technology is an “energy smart” technology company and North America’s leader in innovative cooking fire prevention technologies and products. Our mission is simple:  To help save lives and property from the number one cause of household fire – cooking fires.  We do this by engineering and bringing to market energy-smart solutions that make consumer appliances safer, smarter, and more efficient.  Our patented cooking-fire prevention products address the multi-billion-dollar problem of cooking fires.  According to the National Fire Protection Association, stovetop cooking is the number one cause of household fire and fire injuries in North America. Pioneering’s patented temperature limiting control (TLC) technology is now installed in over 300,000 multi-residential housing units across North America without a single cooking fire being reported, delivering peace of mind and a solid return on investment for its customers.  Pioneering’s proprietary cooking fire prevention solutions include SmartBurner, Safe-T-element, SmartRange, Safe-T-sensor & SmartMicro and are suitable for the majority of the more than 140 million ranges and microwave ovens currently in use throughout North America.  For more information, visit www.pioneeringtech.com.

For investor relations please contact:

Michael Quast

VP Marketing & Communications Phone: 647-945-7521

Email: michaelquast@pioneeringtech.com

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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Mississauga, ON – February 25, 2020– Pioneering Technology Corp. (“Pioneering” or the “Company”) (TSXV: PTE), a technology company and North America’s leader in cooking fire prevention technologies and products, is pleased to announce that Tim Mulroney has joined the Company as its Vice President of Sales.

Tim brings with him an impressive track record in sales and sales leadership.  He has more than 18 years of team leadership experience, including 12 years leading direct sales for North America. Most recently, Tim spent seven years at Siamons International as their Senior Vice President, Global Sales. Like Pioneering, Siamons generates a significant amount of sales in the U.S., operates in a niche space, and focuses on the B2B market leveraging relationships with key distributors and broker partners. In seven years at Siamons, Tim was responsible for significant increases in sales.  Prior to that, Tim spent more than 20 years with S.C. Johnson, a cleaning and household products company, where he held progressively more senior account management, sales management and customer marketing roles, culminating with the role of Vice President of Sales, leading a team of 65 sale professionals that generated hundreds of millions of dollars of sales. Tim has a Bachelor of Science from Queen’s University in Kingston and is a graduate of the Marketing Management Program at the University of Western Ontario in London.   

John Bergsma, Chair of the Board of Directors, said: “Having Tim join Pioneering’s management team is very energizing.  The selection process was very thorough, and we believe that Tim was an excellent choice.  The Board has confidence that he brings the necessary skills and experience that can help deliver the sales results we have long believed this company is capable of achieving.”

Kevin Callahan, Chief Executive Officer, said: “We are very excited to have Tim on board and believe that he has the right mix of skill, proven results, and attitude.  Now that Pioneering has a seasoned professional leading our sales team, we can focus on returning the company to profitability in the short term and hitting our 3-year strategic goals.”

The Company also announced that it has granted an aggregate of 2,900,000 stock options to directors and officers of the Company, including Mr. Mulroney. The stock options are exercisable into common shares of the Company for a period of five years and will have an exercise price equal to the greater of (i) the closing price of Pioneering’s shares on the TSXV on the second trading day following the filing of Pioneering’s financial statements and MD&A for the quarter ended December 31, 2019 and (ii) $0.05.  These options have been granted pursuant to the Company’s Stock Option Plan, some of which are subject to vesting requirements.

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About Pioneering Technology Corp:Pioneering, based in Mississauga, Ontario is an “energy smart” technology company and North America’s leader in innovative cooking fire prevention technologies and products. Our mission is simple:  To help save lives and property from the number one cause of household fire – cooking fires.  We do this by engineering and bringing to market energy-smart solutions that make consumer appliances safer, smarter, and more efficient.  Our patented cooking-fire prevention products address the multi-billion-dollar problem of cooking fires.  According to the National Fire Protection Association, stovetop cooking is the number one cause of household fire and fire injuries in North America. Pioneering’s temperature limiting control (TLC) technology is now installed in over 300,000 multi-residential housing units across North America without a single cooking fire being reported, delivering peace of mind and a solid return on investment for its customers.  Pioneering’s proprietary cooking fire prevention solutions include Safe-T-element, SmartBurner, RangeMinder & Safe-T-sensor and are suitable for the majority of the more than 140 million stoves/ranges and over 140 million microwave ovens in use throughout North America.  For more info, go to www.pioneeringtech.com.

For investor relations please contact:

Michael Quast

VP Marketing & Communications

Phone: 647-945-7521 

Email:michaelquast@pioneeringtech.com

Forward Looking Statements

The statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management’s current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the economy, generally, competition in Pioneering’s target markets, the demand for Pioneering’s products, the availability of funding and the efficacy of Pioneering’s technology and governmental regulation. These forward-looking statements are made as of the date hereof an, except as required by applicable law, Pioneering does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Pioneering’s expectations and projections.

Neither the 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.

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MISSISSAUGA, ON, Dec. 13, 2018 /CNW/ – Pioneering Technology Corp. (TSXV: PTE) (OTC: PTEFF), (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technologies and products, wishes to announce the recent departure of James McEwen, Chief Financial Officer. Mr. McEwen resigned in order to accept a position as Chief Financial Officer with a global, privately-owned company.

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Until now SmartBurner has only been available to multi-residential property owners/managers. Best Buy is the first U.S. retailer to make this important cooking fire prevention product available for direct purchase to the U.S. consumer market. Beginning this month, SmartBurner will be available in-store at select locations across the United States and available to everyone on-line at www.bestbuy.com.

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MISSISSAUGA, ON, Aug. 15, 2018 /CNW/ – Pioneering Technology Corp. (TSXV: PTE; OTC: PTEFF), (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technologies and products is pleased to announce the launch of its new SmartRange aftermarket product for electric ranges with glass cooktops and its first North American sale to a prominent U.S. college (name withheld by request).

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MISSISSAUGA, ON, Aug. 7, 2018 /CNW/ – Pioneering Technology Corp. (TSXV: PTE; OTC: PTEFF), (“Pioneering” or the “Company”), a technology company and North America’s leader in cooking fire prevention technologies and products is very pleased to announce a strategic partnership with Buyers Access (BA) of Denver Colorado. BA is the leading provider of purchasing optimization services and customized purchasing solutions to the multifamily industry in the United States, serving more than 600,000 housing units nationwide.

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