INVESTOR FACT SHEET (2011 ANNUAL) OUR OPPORTUNITY Profire Energy is the leader in Burner Management Systems and has been in the forefront of research and development in the burner industry related technology for nearly a decade. During this time, Profire has acquired a substantial market share for the use of the Profire Burner Management System. With sales in Canada, the United States, France, Brazil, Slovenia and the world's leading oil and gas providers comes to Profire for reliable and efficient systems and services. OUR GROWTH Profire Energy, Inc is domiciled in the United States and is listed on the OTC BB stock market under symbol "PFIE". The U.S. corporate offices are located in Lindon, Utah. The company currently has 45,000,000 shares outstanding. Revenue for year end March 31, 2011 was $8,033,926. Historically our revenues have grown between 25% and 30% annually. Between 2010 and 2011 our revenue increased by 35.8% RESULTS FROM OPERATIONS | March 31, 2011. | March 31, 2010. | Change | Revenues | $8,033,926 | $5,912,350 | 35.8% | EBITDA | $2,423,580 | $1,942,156 | 24.7% | Net Income | $1,626,463 | $1,279,275 | 27.1% | Earnings Per Share | $0.04 | $0.03 | 33% | Accounts Receivables | $2,294,780 | $1,092,037 | 110% | Total Assets | $5,998,864 | $4,215,952 | 42.3% | KEY PRODUCT The Profire 2100 Burner Management System is developed to exceed the industry standard with each detail carefully designed to meet the stringent CSA and UL codes, while at the same time providing an intuitive and clear management menu for easy operation. From the industry leading stackable expansion modules to the technician designed layout and interface, every detail has been carefully scrutinized to provide the finest and most robust Burner Management System ever developed. Our team of qualified designers and engineers have spent years in the development of the 2100 and have created a BMS that will meet and exceed rigorous industry expectations. PROFIRE EXECUTIVE LEADERSHIP TEAM Brenton W. Hatch (B. Ed) - President, Chairman and Chief Executive Officer Andrew Limpert (B. Sc, MBA) - Chief Financial Officer Harold Albert - Chief Operating Officer Contact: Profire Investor Relations (801) 796-5127 Follow us on twitter@profirenews Forward looking disclaimer: The information contained in this release includes forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. Certain statements contained herein constitute forward- looking statements with the meaning of the Private Securities Litigation Reform Act of 1995. Such forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from those expressed or implied, including but not limited to, risks described in the Company's periodic reports on file with the Securities and Exchange Commission. RECENT 10Ks for 2011-2012 Q1 June 2011 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8023836 Q2 September 2011 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8240284 Q3 January 2012 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8410674 Principal Products and Services We manufacture, install and service oilfield combustion management systems and related burner products. Our products aid oil and natural gas producers in the safe and efficient development and transportation of carbon-based fuels. In the oil and natural gas industry there are numerous demands for heat generation and control. The product in pipelines and storage tanks must be kept sufficiently warm to flow efficiently. Equipment of all kinds, including line-heaters, dehydrators, dewaterers, separators, treaters, amine reboilers, free-water knockout systems, etc. require sources of heat to satisfy their various functions. In addition to the need for combustion products to meet heating demands, there is also a need for skilled combustion technicians. Profire was founded to try to meet some of these needs. Initially, our primary focus was on providing installation and maintenance services to service the products and systems of other manufacturers. Management soon determined, however, that it would be in our best interest to also establish ourselves as a product supplier. Management also recognized the need to develop our own proprietary burner-management systems to monitor and control combustion. Our principal developmental goal in building our own system was to ensure that the system would meet or exceed the highest safety and quality standards in the industry and that the system would be functional and easily controlled by oilfield operators. With this goal in mind, we developed the Profire 1100 combustion-management system. This system has become widely popular in Western Canada, with sales to such companies as Exxon-Mobil, Shell, ConocoPhillips, Devon Energy, Petro-Canada, Encana and many others. This system has also been sold and installed in various parts of the world, including the United States, France, Italy, England, the Middle East, Australia, China and Brazil. During our fourth fiscal quarter, we introduced a new product, the Profire 2100. The 2100 is a more powerful burner management system than the 1100. It complies with CSA and UL ratings and has expandability and remote access and data logging. It has more custom features than the 1100 and allows the end user much more flexibility in multiple field applications. In addition to the Profire 1100 and 2100 combustion management systems, we manufacture other systems and products for sale, including a burner management system specific to incinerator systems, called the Profire 1100i and "fuel-trains" or "valve-trains" to accompany system installations. These fuel-trains include piping, valves, controls, etc., relating to the process of safely providing fuel to burners, as well as having safety controllers to monitor operations. We are also developing various products that will be introduced to the market over the next few years. These may range from valve systems to igniters. We continually assess market needs and look for opportunities to provide quality solutions to the oil and gas producing companies we serve. |