SEATTLE, Oct. 2, 2014 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR), an emerging leader in combustion and emissions control technology for industrial, commercial and utility markets, announced today that it has been named as a finalist in the 2014 Platts Global Energy Awards, an annual program recognizing exemplary leadership in the energy industry.
Now in its 16th year, the Global Energy Awards are often known as the "Oscars of the Energy Industry" and boast some of the most prominent energy-related companies in the world.
The 2014 finalists, selected from nearly 250 nominations, were announced this week by program host Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. ClearSign's Duplex™ burner architecture was shortlisted in the "Leading Technologies Awards – Sustainable Innovation" category for its advanced capabilities in the emissions control sector.
"Being recognized by a respected organization like Platts is further validation of ClearSign's ability to address some of the most pressing economic and environmental challenges throughout the oil and gas industry today," said Rick Rutkowski, CEO of ClearSign. "This award program has a long history of showcasing revolutionary technologies and forward-thinking companies, and we are honored to be considered for a spot on this list."
"With nominations increasingly more competitive with each passing year, being named a finalist in the Global Energy Awards program is no small feat," said Platts President Larry Neal. "We look forward to announcing the winners in December and honoring the accomplishments of winners and finalists, alike."
Winners of the 2014 Platts Global Energy Awards will be announced at a black-tie gala in New York City on December 11. Preceding the Awards program, finalists and other industry executives will take part in the Platts Global Energy Outlook Forum, which features keynote speakers, round-table discussions and debate of critical issues facing the world's energy businesses and policy-makers.
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs and develops technologies that aim to improve key performance characteristics of combustion systems including energy efficiency, emissions control, fuel flexibility and overall cost effectiveness. Our Duplex™ Burner Architecture and Electrodynamic Combustion Control™ (ECC™) platform technologies improve control of flame shape and heat transfer and optimize the complex chemical reactions that occur during combustion in order to minimize harmful emissions. For more information about the Company, please visit www.clearsign.com
About Platts
Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 150 countries benefit from Platts' coverage of the biofuels, carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, shipping and sugar markets. A division of McGraw Hill Financial (NYSE: MHFI), Platts is based in London with more than 1000 employees in more than 15 offices worldwide. Additional information is available at www.platts.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