Profire Energy, Inc. Announces Stephen E. Pirnat Not Stand for Re-Election to the Company's Board of Directors
July 22, 2016 at 02:00 pm EDT
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On July 18, 2016, Mr. Stephen E. Pirnat notified Profire Energy, Inc. of his decision not to stand for re-election to the Company's Board of Directors at the company's 2016 annual meeting of Stockholders. Mr. Pirnat will continue to serve as a Director until the election of Directors at the 2016 annual meeting. Mr. Pirnat's decision to resign did not involve any disagreement with the company, the Company's managers, or the Board of Directors.
Profire Energy, Inc. is a technology company. The Company is focused on the upstream, midstream, and downstream transmission segments of the oil and gas industry. It specializes in the engineering and design of burner and combustion management systems and solutions. The Companyâs applications include combustors, enclosed flares, gas production units, treaters, glycol and amine reboiler, indirect line heaters, heated tanks, and process heaters that require heat as part of its production and or processing functions. Its burner-management systems ignite, monitor, and manage pilot and burner systems that are utilized in its process. Its technology enables remote operation, reducing the need for employee interaction with the appliance's burner for purposes, such as re-ignition or temperature monitoring. The Company's systems and solutions are used by exploration and production companies (E&P), midstream operators, pipeline operators, as well as downstream transmission and utility providers.