Apr 18, 2017
SEATTLE, April 18, 2017 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR), an emerging provider of industrial combustion technologies that help to reduce emissions and improve efficiency, today announced that it has secured a follow-on commercial order from a California-based refinery following Duplex™ technology's successful pilot with the company late last year.
The installation marks the first installation of the Duplex technology into a new heater rather than a retrofit into a heater with an existing burner.
In the pilot project, ClearSign had previously retrofitted the company's vertical cylindrical refinery heater with its unique, patented, Duplex technology to ensure compliance with California's strict air emissions requirements. After the retrofit, independent testing conducted by a third party on behalf of the refiner confirmed NOx (oxides of nitrogen) single digit emissions, performance that would qualify as Best Available Control Technology (BACT) in any jurisdiction within the U.S.
"We're pleased with the company's continued vote of confidence as they've been an excellent partner in applying our technology to their refinery," said ClearSign Chairman and CEO Steve Pirnat. "We look forward to working with them to achieve their future emission goals as we've done so in the past."
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of combustion systems, including emissions and operational performance, energy efficiency and overall cost-effectiveness. Our patented Duplex™ and Electrodynamic Combustion Control™ platform technologies enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, and power industries. For more information, please visit www.clearsign.com.
Cautionary note on forward-looking statements
This press release includes forward-looking information and statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While we believe that our expectations are based upon reasonable assumptions, there can be no assurances that our goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect our actual results and may cause results to differ materially from those expressed in forward-looking statements made by us or on our behalf. Some of these factors include the acceptance of existing and future products, the impact of competitive products and pricing, general business and economic conditions, and other factors detailed in our Quarterly Report on Form 10-Q and other periodic reports filed with the SEC. We specifically disclaim any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.
SOURCE ClearSign Combustion Corporation
For further information: Investor Relations: Matthew Selinger, Three Part Advisors, LLC for ClearSign, +1 817-310-8776, firstname.lastname@example.org; Media: Brittney Garneau, Pierpont Communications for ClearSign, +1 713 627-2223, email@example.com
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