I'm Alexey Malashkevich, one of the Pony ORM authors.
For now Pony ORM runs on CPython only because there is no access to frames in other implementations. "Pure Python" means that you can write queries in term of objects using Python generators.
Pure in this case means that you can use Python syntax in order to query a database. This way a database query looks identical to an iteration over a list of Python objects.
I think it refers to the implementation, meaning the library has no C modules and is written 100% in Python.
This means it should be able to run on all Python implementations, including Jython, IronPython, PyPy, Google App Engine...