SOURCE: Profire Energy, Inc.

Profire Energy, Inc.

April 24, 2012 09:00 ET

Profire Energy, Inc. Announces Patent-Pending Advancements to Component Technology

LINDON, UT and EDMONTON, AB--(Marketwire - Apr 24, 2012) - Profire Energy, Inc. (OTCBB: PFIE) is pleased to announce improvements to its firegate technology. Firegates are used to create optimal air/fuel ratios for combustion burners. The enhanced patent-pending firegate design features adjustable air flow control to increase burner efficiency and reduce emissions. In addition to accurate adjustable air flow control, it features standard pilot configurations in firetubes as small as 6" diameter. The new design improves combustion efficiency and makes it easier to adjust for optimal air/fuel ratio.

Hal Parks, Design Engineer at Profire Energy, stated, "We experienced increases in combustion efficiency of up to 60% during testing conducted with various types of heating vessels. We believe this improved, user-friendly design when incorporated into our overall combustion management systems, will result in noticeable efficiency gains for our clients." Mr. Parks also noted, "The new firegate design demonstrates Profire's ongoing commitment to improving our customer's results through continued research and development. We expect our new firegate to serve as a key component in our combustion management systems."

About Profire Energy, Inc.

Profire Energy, Inc. is a leading manufacturer and installer of oilfield combustion management systems and related burner products. The Company's products and services assist energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. The Company's lead products are the Profire 2100 and the Profire 1100, which are burner management systems that oil and gas producers rely on to provide reliable management and ignition of combustion burners and associated vessels such as separators, dehydrators, line heaters, incinerators, etc.

To learn more about Profire Energy's products and services, please visit www.profireenergy.com. Profire has offices in Lindon, Utah, U.S.A. and Edmonton, Alberta, Canada.

Cautionary Note Regarding Forward-Looking Statements

This release contains "forward-looking" statements regarding the anticipated benefits of the new firegate design in terms of improved efficiency and ease of use, recognition and acceptance by customers and the industry, and the importance of the redesigned firegate in our overall product line. All such forward-looking statements are subject to uncertainty and changes in circumstances. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described in, or anticipated by, the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business, public market and regulatory risks and factors identified in the Company's periodic reports filed with the Securities Exchange Commission. All forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.

Contact Information

  • Contacts:
    For inquiries please contact
    Andrew Limpert
    (801) 796-5127
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    Kelly Wanlass
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