Patent issuance paves the way for introduction of the technology to
retail and OEM markets.
MISSISSAUGA, ON, Nov. 23, 2011 /CNW/ - Pioneering Technology Corp. (TSXV:PTE; OTCBB:PTEFF), ("Pioneering" or the "Company"), an energy smart product innovation and consumer goods company,
announced today it has been issued a patent by the United States Patent
and Trademark Office for its technology designed to help detect and
diffuse burning and/or smoking conditions in various cooking/heating
appliances. The patent will be issued on November 29, 2011.
This technology was developed to compliment Pioneering's patented
Safe-T-element product which is engineered to help prevent stove top
cooking fires, (the number one cause of household fires, accounting for
over 40% of all household fires in North America annually). This new
technology offers potential product applications to help prevent fires
in the remaining 60% of residential building fires each year (as
recently reported by the US Fire Administration) that are not caused by
stove-top cooking. There are over 375,000 of these types of fires
reported to fire departments each year in the U.S. resulting in over $7
billion in direct and indirect costs annually (only 1 in 10 of these
fires are reported).
The first commercial application of this now patented platform
technology is an innovative new product called the Safe-T-sensor
created to help mitigate the many fires and false alarms caused by
microwave ovens. Originally introduced on university campuses in the
summer of 2010 this product is designed to detect burning conditions
within the microwave and to interrupt power to the microwave before it
causes a fire or triggers a fire alarm.
A study completed in 2010 by Ohio University and their local fire
department found that the majority of the fire department's over 100
nuisance alarms on campus each year were caused by burnt food in
microwave ovens. It was estimated that there was a total cost of over
$2,000 per fire department run made to the campus. Ohio University
recently reported a 92% reduction in fire department responses, versus
the same period the previous year after installing 4,479 Safe-T-sensors
on microwave ovens in residential housing across campus.
While the Safe-T-sensor was initially introduced to university campuses,
fire department responses to false alarms are an everyday occurrence
across North America beyond just university campuses. False alarms and
the associated nuisance calls have a very disruptive effect, resulting
in building evacuations, fire alarm apathy and loss of productivity
meaning there are both significant human and financial costs. The
Safe-T-sensor is now being purchased by hospitals, senior's facilities
and large corporations where evacuations caused by false alarms create
dangerous situations for patients/tenants and have a significant impact
on workplace productivity.
It is estimated that there are approximately 90 million households in
the U.S. with microwaves and the number of households that own more
than one unit is growing. In addition, microwave ovens are present in
college dorms, commercial offices, hospitals, senior's facilities,
restaurants, convenience stores and extended stay motels. According to
the Association of Home Appliance Manufacturers, approximately 9
million new microwaves are sold each year representing a $1.4 billion
market annually. According to the National Fire Protection Association
(NFPA), microwave ovens are involved in 2,100 home structure fires per
year and are responsible for more emergency room injury visits than any
other cooking device.
The issuance of this patent coupled with the safe-T-sensor's growing
awareness and obvious product benefits paves the way for launching this
innovative microwave application at retail and to introducing it to
original equipment manufacturers in an effort to having the technology
incorporated at source. Pioneering actively protects all of its ongoing
developments with patents and patents pending.
About Pioneering Technology Corp:
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-sensor™ is designed to detect burning conditions in microwave
ovens shutting the device off before it triggers a fire alarm. The
patented Safe-T-element® cooking system is 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. Pioneering
trademarks include Safe-T-element®, Safe-T-Sensor™, Powergrill™,
Battery Eliminator®, Powerpak™ and the Hydro-free Furnace Fan™. For
more information visit: www.pioneeringtech.com.
Forward Looking Statements
The statements made in this press release include forward-looking
statements that involve a number of risks and uncertainties. These
statements relate to future events or future performance and reflect
management's current expectations and assumptions. A number of factors
could cause actual events, performance or results to differ materially
from the events, performance and results discussed in the
forward-looking statements, such as the economy, generally, competition
in the Corporation's target markets, the demand for the Corporation's
products, the availability of funding, the efficacy of the
Corporation's technology and governmental regulation. These
forward-looking statements are made as of the date hereof an, except as
required by applicable law, the Corporation does not assume any
obligation to update or revise them to reflect new events or
circumstances. Actual events or results could differ materially from
the Corporation's expectations and projections.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
SOURCE Pioneering Technology Corp.
For further information:
Kevin Callahan, President & CEO at (905) 712-2061 ext. 222.