Lemontonic Inc.

Lemontonic Inc.

October 07, 2005 15:25 ET

Lemontonic Inc.: Pioneering Technology Receives U.S. Repeat Order After Successful Pilot Program

MISSISSAUGA, ONTARIO--(CCNMatthews - Oct. 7, 2005) -

(Not for dissemination in the United States of America)

Lemontonic Inc. ("Lemontonic" or "the Corporation") (TSX VENTURE:LEM) and Pioneering Technology Inc. ("Pioneering"), the company with which Lemontonic has previously announced a proposed business combination constituting a reverse take-over (the "Business Combination"), is pleased to announce that Unlimited Choices, of Portland, Oregon will implement the Safe-T-element™ cooking system into their new Save-A-Home program, with an initial 32-unit order.

Brenda Jose, Co-Founder and Executive Director for Unlimited Choices, a non-profit organization serving at risk communities in Oregon and Washington states said, "We have been pleased with the results of the pilot and now we want to have Safe-T-element™ in inventory to install on a regular basis. We have just created a new program called Save-A-Home to compliment our existing Adapt-A-Home and Mend-A-Home programs. Save-A-Home will emphasize fire prevention and safety. Safe-T-element™ has the potential to enable seniors the freedom of independence for a longer period of time."

Unlimited Choices', nationally recognized, award winning programs are primarily funded by the U.S. Department of Housing and Urban Development (HUD) and through grants from the Federal Emergency Management Agency (FEMA) for Homeland Security.

Pioneering's patented, Safe-T-element™ is engineered to help prevent cooking fires and reduce the amount of electricity required to cook. Kevin Callahan, President of Pioneering Technology said, "We are very pleased to be endorsed by such a highly regarded organization and recognize that this decision to implement Safe-T-element™ could influence key decision makers throughout the U.S. This is a very positive demonstration of market acceptance supporting our expansion into the U.S. market." According to Callahan, "With the increasing numbers of seniors living in multi-residential units, there is a concerted effort to protect these people from the dangers of cooking related fires."

Jim Crawford, Fire Marshal for the Vancouver, Washington Fire Department stated, "We are excited about the possibilities of this new technology. Safe-T-element™ offers significant promise - and that is why we are purchasing and testing these products in conjunction with our other fire safety programs."

Earl Diment, Deputy Fire Marshal for Portland, Oregon states that "This product has the potential for saving untold numbers of injuries and deaths. I would like to see this technology on every new stove manufactured. Short of that, I would urge the industry to do whatever it takes to make this product available for easy distribution and installation in the marketplace."

According to the U.S. Fire Administration/National Fire Data Center, Kitchen Fires Topical Fire Research Series, Volume 4 - Issue 4 October 2004, "Cooking is the leading cause of fires and fire injuries. The primary factor in the ignition of these fires was unattended equipment."

About Pioneering Technology Inc.

Pioneering is an "Energy-Smart" product innovation company based in Mississauga, Ontario that creates platform and derivative technologies that manage, control and transform heat. Pioneering engineers and brings to market energy smart solutions for consumer products making them safer, smarter and/or more efficient. Pioneering's business to business model is focused on developing innovative solutions for existing industry problems and licensing or selling its proprietary product components to leading Original Equipment Manufacturer's ("OEM's") and other established distribution channels.

About Unlimited Choices Inc.

Unlimited Choices is a private, non-profit organization serving the greater Portland, Oregon and Vancouver, Washington areas. Its focus is to promote independence, empowerment, safety and dignity for individuals of all ages with an emphasis on those with physical disabilities. HUD manages all subsidized housing in the United States and FEMA provides billions of dollars in grant money each year for fire safety and programs such as those developed by Unlimited Choices.

As previously announced, completion of the Business Combination is subject to a number of conditions, including but not limited to, TSX Venture acceptance and shareholder approval of the Corporation. The Business Combination cannot close until the required shareholder approval is obtained. There can be no assurance that the Business Combination will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Information Circular of the Corporation to be released in connection with the Business Combination, any information released or received with respect to the Business Combination may not be accurate or complete and should not be relied upon. Trading in the securities of the Corporation should be considered highly speculative.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, market acceptance of principal products, the impact of competitive products and technologies, the possibility of products infringing patents and other intellectual property of fourth parties, and costs of product development.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Business Combination and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Lemontonic Inc.
    Mark Pavan
    President and CEO
    (905) 712-2061 ext. 222
    Pioneering Technology Inc.
    Kevin Callahan
    President and CEO
    (905) 712-2061 ext. 222
    Pioneering Technology Inc.
    David Speck
    Investor Relations
    (416) 368-8464
    Website: www.pioneeringtech.com