SEATTLE, Oct. 22, 2014 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR), an emerging leader in combustion and emissions control technology for industrial, commercial and utility markets, announced today it has won the "New Technology Development of the Year Award" at the 2014 West Coast Oil & Gas Awards, an industry initiative to recognize forward-thinking organizations across the oil and gas industry.
ClearSign won the award for advancements in the emissions control space with its Duplex™ Tile technology. CEO Rick Rutkowski accepted the award on behalf of the company at a gala dinner held in Bakersfield, Calif. last night.
"We are thrilled to have been selected to receive this award from among such a distinguished group of our peers," Rutkowski said. "We believe that ClearSign's Duplex Tile technology can indeed have a significant impact in the oil and gas industry by achieving next-generation NOx emissions control combined with major performance improvements that can enable reduced operating cost and increased capacity in upstream, midstream and downstream operations. We are grateful for this strong endorsement of our achievement as we prepare to launch this game-changing technology into the market."
Judged by more than 110 senior executives from midstream and exploration and production companies, the West Coast Oil & Gas Awards saw over 120 companies participate across multiple categories. The Awards champion companies that display best practices in the key areas of operational excellence, environmental stewardship, corporate social responsibility and excellence in health & safety.
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™ Tile 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
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.
CONTACTS:
Media Contact:
Alberto Gestri
Antenna Group for ClearSign
(415) 464-6319
clearsign@antennagroup.com
Investor Relations:
(206) 673-4848
investors@clearsign.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/clearsign-wins-new-technology-development-of-the-year-award-at-2014-west-coast-oil--gas-awards-923392646.html
SOURCE ClearSign Combustion Corporation