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.
"We are excited to add Pioneering Technology to our diverse
group of supplier partners, and to supplement our service offering
with the country's leading cooking fire prevention solutions
provider," says Dan Haefner, CEO and
President of Buyers Access. "Pioneering's SmartBurner will help our
owners and operators further safeguard their residents and
communities from the dangers of cooking fires, while delivering the
potential opportunity for a reduction in insurance expenses, a
win-win for everyone."
As part of this partnership, BA will deliver targeted marketing
programs centered around cooking fire awareness and work directly
with BA member owners and operators to promote Pioneering's
SmartBurner as a cooking fire prevention solution.
Pioneering CEO Kevin Callahan
said, "Our mission is to help protect people and property.
Partnerships with buying groups in the channels we operate in is a
strategic focus of the Company and something we are investing in.
Buyers Access is the leading Group Purchasing Organization (GPO) in
the multifamily housing market and therefore a perfect
partner. BA has recognized our industry leading cooking fire
prevention product solutions to help better protect their member's
residents and properties while also delivering a return on
investment. We are looking forward to working with BA and our
distributors to help broaden awareness and grow our multifamily
segment."
According to the National Fire Protection Association (NFPA),
cooking fires are responsible for 74% of multifamily housing fires
annually and are also the leading cause of cooking fire related
injuries. Pioneering's product solutions, including its
best-selling SmartBurner with patented temperature limiting
control (TLC) technology, help prevent cooking fires before
they start.
About Buyers Access: Buyers Access (BA) is
the United States' leading
provider of customized purchasing solutions, serving more than
600,000 housing units in the multifamily space. For more
information, visit www.buyersaccess.com or contact Dan Haefner at 303-991-5577,
dhaefner@buyersaccess.com.
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, SmartRange, 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 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.