- Millers Mutual to provide a 5 percent annual discount for
customers that install SmartBurners
- Millers Mutual now marketing this offering to its
members
MISSISSAUGA, ON, July 23, 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 pleased to announce a
partnership with Millers Capital Insurance Company ("Millers
Mutual"). Effective immediately, Millers Mutual will offer
its customers that install or have previously installed SmartBurner
in all apartment units of a building an annual 5 percent insurance
premium discount.
Millers Mutual, based in Harrisburg,
Pennsylvania, is a regional property and casualty insurer
serving commercial policyholders in multifamily housing, affordable
housing, and commercial real estate in Pennsylvania, Delaware, Maryland, Ohio, Virginia and Washington D.C., through a network of
independent insurance agents.
"Partnering with Pioneering Technology in this way is consistent
with Millers Mutual's commitment to securing high-quality and
valuable non-insurance, niche-specific products and services for
our customers at a lower-than-market cost," said Sharrod Parker, Risk Services Leader. "These
products are proactive risk management tools meant to benefit our
customers on a day-to-day basis."
Pioneering CEO Kevin Callahan
said, "Partnering with progressive insurers like Millers Mutual is
a strategic focus for our Company. Millers is the third N.A.
multifamily housing insurance provider to offer premium discounts
to their customers who install our SmartBurner product and we are
currently working on other partnerships. Together with
marketing relationships we have created within the N.A. brokerage
community we are helping bring even more value to our customers by
accelerating the time to payback and their return on
investment."
According to the National Fire Protection Association
statistics, cooking fires are responsible for 74% of multi-family
housing fires annually and 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 helps prevent cooking
fires before they start.
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.