Profire Energy Announces New Flare-Ignition System for Combustors and Open-Flare Applications

New PF1300 Provides Reliable Ignition for Pilot Flames at Oil & Gas Sites

LINDON, Utah, July 16, 2012 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (OTCBB:PFIE), which manufacturers, installs and services burner management systems for the oil and gas industry, today announced the release of a new flare-ignition system (FIS) designed for open-flare and combustor (incinerator) applications. The system monitors the pilot flame and provides spark when the flame has been extinguished, a need many oil and gas customers are looking to fill.

"The release of the PF1300 flare ignition system represents Profire's long-standing commitment to understand—and respond to—our customers' needs," said Andrew Limpert, chief financial officer of Profire Energy. "The PF1300 provides a simple option for many of our customers who need only a basic system to monitor and re-ignite the pilot flame in open-flare and combustor applications."

The PF1300 uses spark and flame-detection technology—the same technology found on the company's more-sophisticated 2100 model—to monitor flame presence and provide spark. However, the 1300 does not control valves or manage the temperature of the vessel's combustion.

The PF1300 FIS is designed to:

• Detect and relay the status of the pilot flame.        
• Automatically reignite the pilot, according to parameters set by the user (e.g. a continuous-spark option can be used).
• Use minimal amounts of power to operate.
• Operate via solar-powered panel (optional).

The system is already installed on select sites in the United States and Canada, and can be purchased by contacting a Profire Energy representative. To learn more about the PF1300 or other Profire Energy products, please visit www.profireenergy.com.

About Profire Energy, Inc.

Profire Energy assists energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. As energy companies seek greater safety for their employees, compliance with more stringent EPA standards and enhanced margins with their energy production processes, Profire Energy's burner management systems are increasingly becoming part of their solution. To learn more about the company's products and services, please visit www.profireenergy.com. Profire has offices in Lindon, Utah; Houston, Texas; and Edmonton, Alberta, Canada.

The Profire Energy, Inc. logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=13229

This release contains "forward-looking" statements regarding the need for our products in the industry and the benefits our product provide. All such forward-looking statements are subject to uncertainty and changes in circumstances. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described in, or anticipated by, the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business, public market and regulatory risks and factors identified in the Company's periodic reports filed with the Securities Exchange Commission. All forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  All forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. 

CONTACT: Profire Energy, Inc.
         Andrew Limpert, CFO
         (801) 796-5127

         Snapp Conner PR
         Kelly Wanlass
         (801) 602-4723

Released July 16, 2012