Pioneering Technology Corporation (TSX:PTE, OTC:PTEFF)has received its largest single purchase order to date for its stovetop temperature control device Smartburner, after a top North American Hotel chain scooped up 8,806 units to roll out across its 138 hotels.
This major hotel chain is the first to install Pioneering’s SmartBurner on a large scale and the initial roll out represents approximately 20% of their total suite style hotel portfolio.
The purchase was made after the completion of a successful pilot project with the chain over the past nine months.
This undisclosed hotel chain is one of North America’s largest operators of company branded suite style hotel rooms that include fully equipped kitchens.
“Based on the success of this project we look forward to working with our distribution/supply partners in further exploiting this very large channel opportunity,” said chief executive Kevin Callahan.
Major suite style hotel chain properties in North America number over 3,200 hotel properties and approximately 320,000 hotel units representing a significant multi-million-dollar opportunity.
SmartBurner with its patented temperature limiting control technology helps prevent cooking fires before they start.
It has been installed on over 150,000 stovetops throughout North America with 100% efficacy, i.e. no reported cooking fires.
According to Pioneering's website, celebrity chef David Rocco has called the product ‘brilliant’ and a must have for anyone who owns an electric coil stove.