Brenton Hatch of Profire Energy Selected by ExecRank as a Top Chief Executive Officer for 2014

Company Executive Awarded by Leading Research and Advisory Firm

LINDON, Utah, Oct. 15, 2014 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (Nasdaq:PFIE), a technology company which creates, installs and services burner management systems and other combustion technologies for the oil and gas industry, today announced ExecRank has selected Brenton Hatch, President and CEO of Profire Energy, as a Top Chief Executive Officer at a Micro-Cap Company for 2014.

"We were extremely impressed with the achievements of Mr. Hatch," said Chris Beaver, Managing Director of ExecRank. "His work and reputation are highly regarded in the industry and amongst other chief executive officers."

ExecRank screened over 10,000 Chief Executive Officers in the United States. The top 150 executives were awarded the distinction of a Top CEO. These rankings are based on statistical and algorithmic analysis of executive and company performance including business results during tenure, board member appointments, industry reputation and significant professional achievements, among others.

"It's an honor to be recognized amongst a group of such well-respected men and women," said Hatch. "Personally, this award speaks more to the caliber of talent we have at Profire and our vision of the future than any individual achievement. As we look at the industry opportunities that lie ahead of us, as well as our internal resources and personnel, we're confident in our ability to continue leading the industry in burner management products and services."

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About Mr. Hatch

Mr. Brenton Hatch co-founded what is now Profire Energy in 2002. Since that time, he has served as President, Chief Executive Officer and a director. Under his tenure, he has helped Profire experience significant growth. In addition to seeing the company workforce grow from two employees to more than 120, he has helped Profire's year-over-year revenue increase by as much as 110 percent annually. Hatch has also boosted the Company's product portfolio from one to now offer over 15 burner management products.

Prior to founding Profire in 2002, he was a management consultant and General Manager of Titan Technologies, Inc., an oilfield service and distribution company in Edmonton, Alberta, Canada. In this position, he performed analysis of the operations and management of all divisions of Titan Technologies.

From 1989 to 2000 he served as President and Chief Executive Officer of Keaton International, Inc., an educational services company based in Edmonton, Alberta, Canada. He managed all executive functions of the company and particularly focused on the development and management of the company's educational services.

About ExecRank

ExecRank Inc. is a research and advisory firm founded in 2010 and the leading source for executive rankings and C-Suite performance reports. Based on statistical and algorithmic analysis of executive and company performance, this research is used to make intelligent and informed decisions at the highest tier of human capital and corporate strategy for clients ranging from venture backed startups to large cap public companies. ExecRank rankings reach over 5 million readers a year in the United States alone given our partnerships with leading publishers, web sites, trade shows and more.

Cautionary Note Regarding Forward-Looking Statements. Statements made in this release that are not historical are forward-looking statements. This release contains forward-looking statements, including, but not limited to statements regarding Profire Energy continuing as the oil and gas industry leader in burner management; or, the award signifying congruent growing trends or indicating any future successes. 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, except as required by law. Readers should not place undue reliance on these forward-looking statements.

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

         Profire Energy, Inc.
         Nathan McBride, VP of Strategy & Finance
         (801) 796-5127

         Liolios Group, Inc.
         Ron Both, Senior Managing Director
         (949) 574-3860

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Source: Profire Energy