Pioneering Technology Corp.
TSX VENTURE : PIO

Pioneering Technology Corp.

October 09, 2007 07:30 ET

Pioneering's Safe-T-element™ Now Available on New Stoves in Canada

Ontario's Non-Profit Housing Association members have asked for it and now a partnership between Pioneering Technology and Appliance Canada is making it a reality

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 9, 2007) - Pioneering Technology Inc. of Mississauga, Ontario (TSX VENTURE:PIO), ("Pioneering") announced today a partnership with Appliance Canada that will make the Safe-T-element™ (STE) cooking system available pre-installed on new stoves in Canada. Appliance Canada is a leading supplier of appliances to property managers and builders throughout Canada.

The Ontario Non-Profit Housing Association (ONPHA) will launch a campaign to their members beginning week of October 5th promoting that the STE cooking system is now available on Appliance Canada's most popular stove model sold to the public housing community. ONPHA is promoting the offering to all of their members as their "Hottest Deal of the Year".

ONPHA has over 770 members who own and manage approximately 160,000 non-profit housing units across Ontario. ONPHA Director of Member Development and Education Jo Ferris-Davies said "Many members have been asking why they can't purchase new stoves for their facilities with the STE already installed. Well as of today thanks to this partnership between Appliance Canada and Pioneering Technology I am happy to say, now they can."

The patented Safe-T-element™ cooking system is engineered to help prevent stove top cooking fires, the number one cause of fire in North America and to reduce the amount of electricity required to cook.

Pioneering CEO Kevin Callahan said, "this is a very exciting development in the evolution of this innovative product from a retrofit offering for existing stoves to a technology that we can now make available installed on new stoves. We are currently in discussions with other large North American appliance suppliers to offer the product pre-installed on new stoves and with original equipment manufacturers to have the technology incorporated at source."

About the Ontario Non-Profit Housing Association (ONPHA)

ONPHA's over 770 members own and manage approximately 160,000 non-profit housing units across Ontario. There are ONPHA members in each of the 47 municipal Service Manager areas established to administer social housing. ONPHA members provide housing for approximately 350,000 people in over 200 communities in Ontario.

About Pioneering Technology Inc. & the Safe-T-element™ (STE) cooking system

Pioneering is an "Energy Smart" product innovation company based in Mississauga, Ontario, that engineers and brings to market energy smart solutions for consumer products making them safer, smarter and/or more efficient. The patented Safe-T-element™ cooking system was engineered to help prevent stove top cooking fires, the number one cause of fire in North America and to reduce the amount of electricity required to cook. For more information visit: www.pioneeringtech.com or www.safetelement.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.

Contact Information

  • Pioneering Technology Inc.
    Kevin R. Callahan
    President and CEO
    (905) 712-2061 ext. 222
    Website: www.pioneeringtech.com