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Pioneering Technology Corp V.PTE

Alternate Symbol(s):  PTEFF

Pioneering Technology Corp. is an energy smart technology and consumer products company. The Company is focused on developing advanced thermo-based technology solutions for household products and appliances. The Company operates through the development, manufacture and sale of products intended to save energy and offer consumer convenience and safety. The Company’s products include Smart Burner, Smart Range, Smart Micro, SmartBurner Polish, Standard Ring Replacement Set and Low Profile Ring Replacement Set. SmartRange monitors changes in the range’s cooking temperature and signals a pre-alarm if a cooking fire risk is detected. With patented temperature limiting control (TLC) technology, SmartBurner easily replaces electric coil elements and prevents the burner from reaching the temperature at which cooking oils auto-ignite. SmartMicro helps prevent unnecessary alarm activations. It also helps guard against microwave fires from starting.


TSXV:PTE - Post by User

Bullboard Posts
Post by LRHausJr28562on Mar 27, 2017 7:34am
155 Views
Post# 26034323

News just released

News just released

ATLANTA, GEORGIA--(Marketwired - March 27, 2017) - Pioneering Technology Corporation(PTEFF) , ("Pioneering" or the "Company"), a technology company and North America's leader in cooking fire prevention technologies and products announced today a new national distribution program in the United States with HD Supply Corporation of Atlanta, GA , one of the largest industrial & facility distributors in the U.S.

This program includes HD Supply purchasing inventory to stock 12 distribution centers nationwide; inclusion in HD Supply's 2017 catalogue, and; a sales and marketing program to drive awareness/support for SmartBurner.

Pioneering originally began working with HD Supply Canada which later resulted in a relationship with HD Supply in the U.S. approximately 12 months ago, which included drop shipping product directly to customers on an "as purchased" basis. Based on the validation of growing sales and interest from HD Supply customers in the U.S., they recently decided to incorporate SmartBurner into their national distribution program.

This program will result in HD Supply building awareness and growing sales for Pioneering's SmartBurner product in the United States. HD Supply's national sales network reaches Pioneering's key B2B market verticals including:

 -- Institutional/Government - (public housing, military housing, university/college, non-profits,) -- Multifamily - (apartments, property management companies, affordable housing providers) -- Healthcare - (seniors housing, independent living, assisted living) -- Hospitality - (hotels/motels). 

HD Supply significantly enhances Pioneering's sales and marketing reach while delivering world class logistics:

 -- More than 1,200 field and national account representatives for deeper key market sales penetration. -- Renovation and installation services for Multifamily complexes that build or rehab apartment units. -- Product technical support - industry leading knowledge specific to key business channels. -- E-Commerce solutions, including online ordering. -- Customer training/education with property and maintenance managers and key decision makers. 
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