Pioneering Announces Strategic Partnership With Buyers Access - Industry Leading Buying Group
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, [email protected].
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.
Pioneering Technology Corp., Michael Quast, VP Marketing & Communications, Phone: 647-945-7521, Email: [email protected]; For investor relations please contact: Contact Financial Corp., Rob Gamley, Phone: 604-689-7422, Email: [email protected]
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