SYMBOL OTCBB: PIEX

NEWPORT BEACH, CA, Nov. 8, 2012 /PRNewswire/ - IBA Green, Inc., a wholly owned subsidiary of Pioneer Exploration Inc. (PIEX) is pleased to announce Cohen Independent Research has initiated coverage on IBA Green, (PIEX).

Cohen Independent Research is Wall Street's leading independent micro-cap research firm, concentrating on emerging companies with strong management teams focused on shareholder value and sustainable competitive advantage. CIR, led by renowned security analyst, Paul Cohen, this CFA analyst written research report highlight the company's market opportunity, technology, management, competition and other key differentiators that may affect their long- and short-term valuation. CIR focuses on those public companies that lack or have minimal Wall Street research analyst coverage. CIR research reports are commissioned and paid for by the companies covered, or by third parties.

For more information, visit: www.cohenresearch.com/cohenresearch/Images/IBA_Green_10_30_2012.pdf

About IBA Green, Inc 

IBA's process to mitigate the environmental issues associated with toxic end products of the Waste-to-Energy and coal industries, and has developed a process to safely and economically utilize the previously hazardous ash. This Technology works in synergy with the waste-to-energy industry, converting the hazardous ash into commercially viable green construction products.

The IBA process has been specifically developed to address coal ash and incinerator bottom ash (IBA), which is the resulting residue that is created after the combustion process of burning coal or solid waste to generate electric power. Currently, there are approximately 600 coal burning and 85 waste to energy electric power plants across the USA creating an aggregate 150 million tons of toxic coal ash or Incinerator Bottom Ash  annually.

On Behalf of the Board of Directors

Angelo Scola
President & CEO
(877) 700-0422
ascola@ibagreen.com

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that IBA Green or Pioneer Exploration expects or anticipates will occur in the future are forward-looking statements.  Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties. Should one or more of these risks or uncertainties materialize, or should any of IBA Green or Pioneer Exploration's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on IBA Green or Pioneer Exploration's forward-looking statements. Except as required by law, IBA Green or Pioneer Exploration disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of this release.

SOURCE Pioneer Exploration Inc.