Pioneering Technology Corp. reported earnings results for the year ended September 30, 2012. Revenue for the twelve month period ended September 30, 2012 was CAD 2.39 million, an increase of 9% as compared with CAD 2.19 million in 2011.

Comprehensive loss for the period was CAD 729,584 or CAD 0.039 per share compared to comprehensive profit CAD 3,499 or CAD 0.000 per share in 2011. Adjusted LBITDA for 2012 was CAD 369,368 compared to adjusted EBITDA of CAD 218,261 in 2011. These results reflect the company's strategic decision in 2012 to invest in sales resources and new product development to accelerate growth by leveraging the company's success and its established leadership position in the area of cooking fire safety.