Pioneering Technology's Safe-T-element(R) Installed in All Barrie Non-Profit
Housing Units

Barrie Municipal Non-Profit Housing Corporation is the Latest Affordable Housing Provider in Ontario to Mandate the Safe-T-element Cooking System for Installation on ALL stoves in its Housing Portfolio

BARRIE, ON, Aug. 23 /CNW/ - Pioneering Technology Corp. of Mississauga, Ontario (TSX-V PTE), ("Pioneering") announced today that the Barrie Municipal Non-Profit Housing Corporation (BMNPHC) has taken receipt of 953 brand new ranges that feature the Safe-T-element cooking system. Funding for the program was in part from the Canadian federal government's Social Housing Renovation and Retrofit Program (SHRRP).

Earlier this year BMNPHC issued a tender for the replacement of all of the stoves in its housing portfolio. Specific conditions of the contract being tendered required the supply and installation of 953 Whirlpool, Frigidaire or GE 30 inch electric stoves complete with Pioneering's Safe-T-element technology installed prior to delivery.

In the end BMNPHC elected to proceed with upgrading 953 GE 30 inch electric stoves pre-equipped with the Safe-T-element cooking system.

BMNPHC is a non-profit housing provider in the City of Barrie, Ontario. The portfolio has a total of 953 apartments and town houses located at 14 different locations across the city. Approximately 60% of these rental units are for people who qualify for a rent geared to income subsidy through the Social Housing Department at the County of Simcoe.

SHRRP is a capital grant program that assists eligible social housing providers renovate and upgrade social housing projects. There is a strong emphasis on improving the health and safety of tenants and increasing the energy efficiency and physical accessibility of the buildings. These are investments which will extend the life of a building system, improve operating costs, and contribute to an improved quality of life for the tenants.

Pioneering CEO Kevin Callahan said of the announcement, "Pioneering's Safe-T-element is having a significant impact in helping affordable housing providers deliver a safer and more energy efficient environment for the tenants they serve. Barrie is the latest in an ongoing trend of housing providers in Ontario and throughout North America that are making the Safe-T-element cooking system an important part of its overall safe housing strategy."

    
    About Pioneering Technology Corp and the Safe-T-element Cooking System:
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Pioneering is an "Energy Smart" product innovation company based in Mississauga, Ontario, that engineers and brings to market energy smart solutions for consumer products making them safer, smarter and/or more efficient. The patented Safe-T-element(R) cooking system was engineered to help prevent stove top cooking fires, the number one cause of fire in North America, and to reduce the amount of electricity required to cook. The Safe-T-element(R) cooking system is available as both a retrofit and pre-installed on new stoves. For more information visit: www.safetelement.com. Pioneering trademarks include Safe-T-element(R), Safe-T-Sensor(TM) , Powergrill(TM), Battery Eliminator(R), Powerpak(TM) and the Hydro-free Furnace Fan(TM).

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.

For further information: Kevin R. Callahan, President and CEO of Pioneering, at [phone] ext. 222 Or visit: www.pioneeringtech.com