Housing Authorities Risk Retention Pool (HARRP) Offers Safe-T-element to
its Members And applies for a $750,000 grant from the Department of
VANCOUVER, WA, June 16 /CNW/ - Pioneering Technology Corp. of
Mississauga, Ontario (TSX-V: PTE), ("Pioneering") announced today that the
Housing Authorities Risk Retention Pool ("HARRP") has endorsed the
Safe-T-element for use by its Housing Authority members. HARRP has partnered
with Pioneering to provide a bulk rate purchasing coalition which it will
promote to the members of its pool.
In addition, HARRP has applied for a $750,000 Federal Emergency
Management (FEMA) Fire Prevention and Safety Grant through the Department of
Homeland Security (DHS) to further support this program.
HARRP is a U.S. Department of Housing and Urban Development (HUD)
approved insurance entity. HARRP is a self-insured liability program that
provides property and casualty coverage for over 90 Public Housing Authorities
and administers claims in-house. Approximately 47,000 owned housing units and
150,000 Section 8 housing units have coverage through the pool. The total
value insured under the program is approximately $5 billion. The member
housing authorities are in Washington, Oregon, Nevada and California.
A recent News Bulletin sent out by HARRP Executive Director William
Gregory, to all pool members stated, "This innovative product provides a level
of protection from stove top fires unprecedented from all other products
reviewed by HARRP. Stovetop fires are the leading cause of fire loss to
members of HARRP and the Safe-T-element technology will help prevent these
fires from happening".
The News Bulletin goes on to say, "This fire prevention product pays for
itself in the reduction of fire risk, but goes much further in saving
Authorities precious funds. The Safe-T-element's functional life span is
greatly enhanced over traditional burners. Safe-T-elements use a fraction of
the energy necessary for conventional heat coil designs".
In HARRP's submission for funding from DHS they state a long term goal of
equipping 40,000 of their apartment units with the Safe-T-element technology.
About Pioneering Technology Corp. & the Safe-T-element(R) (STE) cooking
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 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 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), Powergrill(TM), Battery
Eliminator(R), Safe-T-Sensor(TM), Powerpak(TM) and the Hydro-free Furnace
Fan(TM). 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
The TSX Venture Exchange Inc. has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: contact Kevin R. Callahan, President and CEO of
Pioneering at (905) 712-2061 ext. 222; or contact HARRP Executive Director
William Gregory at (360) 574-9035, extension 102