A New Cooking Fire Product Solution for Glass
Cooktops
- After successful pilot programs, Pioneering now taking
this new product solution to market
- SmartRange is an aftermarket cooking fire solution for
glass cooktops in the NA market
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).
This unnamed U.S. college has on-campus housing that offers its
students apartment style suites with electric glass cooktop ranges.
This college recently experienced a cooking fire in one of its
residences and was looking for a cooking fire prevention solution
for glass cooktop ranges to help protect its students and
properties while delivering peace of mind for parents, faculty and
administrators.
Pioneering has spent the last six months conducting pilot
projects for this new aftermarket glass cooktop technology
including prominent U.S. colleges in Rhode Island, Michigan, Utah and New York. Pioneering has been
very pleased with the results and feedback from these pilot
installations and has used the learning to develop a targeted
marketing program for this new product and is delighted to announce
its first of many sales.
SmartRange is Pioneering's new North American version of a
proven European cooking fire safety solution. This intelligent heat
sensor technology (developed by Innohome Oy with whom Pioneering
has a strategic alliance) is engineered to first alert users to
imminent cooking fire danger through a low frequency alarm, and
then, if the stovetop remains unattended, it shuts the stove off to
help prevent a cooking fire from starting. This new aftermarket
product solution will be available for electric ranges with glass
cooktops through Pioneering's growing customer and distribution
network.
CEO Kevin Callahan said of the
announcement: "We have been very pleased with the results of these
pilots and we are now ready to take this product to the North
American market. SmartRange is an excellent complement to our
expanding family of cooking fire prevention and safety solutions
and helps us broaden our reach and breadth. This is a product
solution that customers of ours with glass cooktop ranges have been
asking for".
According to the National Fire Protection Association, reported
fires in on-campus dorms increased by 23 percent in the ten years
between 2003 and 2013, and six out of every seven of those fires
are caused by cooking. Cooking is the leading cause of
household fires and fire injuries in North America resulting in $1.4 billion in direct property damages
annually.
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 250,000 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, SmartRange &
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 information, visit
www.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
SOURCE Pioneering Technology Corp.