TULSA,
Okla., April 30, 2024 /PRNewswire/ -- ClearSign
Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the
"Company"), an emerging leader in industrial combustion and sensing
technologies that improve energy, operational efficiency and safety
while dramatically reducing emissions, today announces the receipt
of two purchase orders to complete the detailed engineering of
burners for the fitting of two additional process heaters in a
California refinery for a total of
four burners.
"We are grateful and encouraged to receive these additional
orders for the initial engineering of burners to be fitted into two
more heaters at this California
refinery," said Jim Deller, Ph.D.,
Chief Executive Officer of ClearSign. "These orders follow the
supply of burners for the two other heaters in the same refinery
that were started up earlier this year. This customer is now
familiar with ClearSign's technology, and we are pleased to
continue to work with them to advance their emissions, and clean
air goals."
These orders follow the recent successful installations of two
multi burner heater orders at the customer's refinery site. Like
previous orders, this initial engineering is anticipated to be
followed by purchase orders for the manufacture and supply of
burners. This California refinery
is an early customer of the Company and has ongoing experience with
the operation and performance of ClearSign's burner
technology. The supply of ClearSign's technology helps the
refinery continue to meet California's clean air goals and go beyond
established emissions limits to further reduce their environmental
footprint.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products
and technologies for the purpose of improving key performance
characteristics of industrial and commercial systems,
including operational performance, energy efficiency, emission
reduction, safety and overall cost-effectiveness. Our patented
technologies, embedded in established OEM products as ClearSign
Core™ and ClearSign Eye™ and other sensing configurations,
enhance the performance of combustion systems and fuel safety
systems in a broad range of markets, including the energy (upstream
oil production and down-stream refining), commercial/industrial
boiler, chemical, petrochemical, transport and power industries.
For more information, please visit www.clearsign.com.
Cautionary note on forward-looking statements
All statements in this press release that are not based on
historical fact are "forward-looking statements." You can find many
(but not all) of these statements by looking for words such as
"approximates," "believes," "hopes," "expects," "anticipates,"
"estimates," "projects," "intends," "plans," "would," "should,"
"could," "may," "will" or other similar expressions. While
management has based any forward-looking statements included in
this press release on its current expectations on the Company's
strategy, plans, intentions, performance, or future occurrences or
results, the information on which such expectations were based may
change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties and other factors, many of which are outside
of the Company's control, that could cause actual results to
materially differ from such statements. Such risks, uncertainties
and other factors include, but are not limited to, the
Company's ability to successfully complete the engineering orders
for the California refinery;
whether the California refinery
will issue corresponding equipment and installation orders for
ClearSign's burners; the Company's ability to successfully deliver,
install, and meet the performance obligations of the Company's
burners in the California and Texas market, and any other markets the
Company may sell products in; the Company's ability to further
expand the sale of ultra-low NOx process and boiler burners; the
Company's ability to successfully perform engineering and equipment
supply orders;; general business and economic conditions; the
performance of management and the Company's employees; the
Company's ability to obtain financing, competition; whether
the Company's technology will be accepted and adopted and
other factors identified in the Company's Annual Report on
Form 10-K filed with the U.S. Securities and Exchange Commission
and available at www.sec.gov and other factors that are
detailed in the Company's periodic and current reports
available for review at www.sec.gov. Furthermore, the Company
operates in a competitive environment where new and unanticipated
risks may arise. Accordingly, investors should not place any
reliance on forward-looking statements as a prediction of actual
results. The Company disclaims any intention to, and, except as may
be required by law, undertakes no obligation to, update or revise
forward-looking statements to reflect events or circumstances that
subsequently occur or of which the Company hereafter become
aware.
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SOURCE ClearSign Technologies Corporation