MISSISSAUGA, ON, April 16, 2020 /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
that Mercy Housing, headquartered in Denver Colorado, has chosen SmartBurner
as its cooking fire prevention solution for properties equipped
with an electric coil stove. The decision follows a
successful pilot program involving multiple properties across
the United States without a single
report of a cooking fire.
Mercy Housing is a leading affordable housing organization in
the U.S. that serves more than 45,000 low-income residents in 21
states. Robert Jacoby, Vice
President of Procurement for Mercy Housing said: "Part of Mercy
Housing's mission is to provide families, veterans, seniors and
people with special needs with stable housing, and we're always
looking for opportunities to enhance that experience to strengthen
communities. SmartBurner helps us do just that by improving
residents' lives at home so that they can pursue brighter
futures."
SmartBurner is a direct easy-to-install replacement for coil
elements on electric coil stoves and is proven to help prevent
unattended cooking fires by controlling the maximum temperature to
below the auto-ignition point of cooking oils and most common
household materials, while still cooking effectively and
efficiently. SmartBurner delivers a better cooking
experience, helps reduce energy costs, and exceeds the new
UL858.60A industry standard. It also has the support of many
national fire service and prevention leaders. SmartBurner has
been installed more than 1 million times without a single cooking
fire.
These are significant results given that cooking fires are the
leading cause of home fires and fire-related injuries in America
and cause more than $8 billion in
direct and in-direct property damage annually. Approximately
50% of all house fires in the U.S. are due to cooking, specifically
unattended cooking. Mercy Housing's recent SmartBurner pilot
projects demonstrated that it can help prevent cooking fires before
they can start.
Pioneering CEO, Kevin Callahan,
said of the announcement, "Given our perfect track record over the
past ten years of helping to eliminate the cooking fire problem, we
had every confidence that Mercy Housing's pilot projects would be
successful. And now we are very pleased to be moving forward with
Mercy Housing in an effort to help them deliver on their mission of
providing stable, affordable housing for those in need by better
protecting their tenants and properties from the ever-present risk
of cooking fires."
SmartBurner is approved for all Mercy Housing properties to
purchase where applicable.
About Mercy Housing:
Mercy Housing, Inc. (MHI), is a
leading national affordable housing nonprofit headquartered in
Denver, Colo. Established by the
Sisters of Mercy in 1981, and in operation in 42 states, MHI has
more than 37 years' experience developing, preserving, managing,
and financing affordable housing. MHI supplements much of its
housing with Resident Services, programs that help residents build
stable lives. MHI's subsidiaries further the organization's
mission: Mercy Housing Management Group (MHMG) offers professional
property management and Mercy Loan Fund (MLF) finances nonprofit
organizations. MHI serves tens of thousands of people with low
incomes, including families, seniors, veterans, people who have
experienced homelessness, and people with disabilities. Its mission
is to build a more humane world where poverty is alleviated,
communities are healthy, and all people can live to their full
potential. To learn more about MHI and the services it provides,
visit mercyhousing.org.
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 300,000 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 SmartBurner,
Safe-T-element, SmartRange, Safe-T-sensor & SmartMicro and are
suitable for the majority of the more than 140 million ranges and
microwave ovens currently 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.