TULSA,
Okla., Oct. 9, 2024 /PRNewswire/ -- ClearSign
Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the
"Company"), an emerging leader in industrial combustion and sensing
technologies that support decarbonization, improve
operational and energy efficiency, enable the use of hydrogen as a
fuel and enhance safety while dramatically reducing emissions,
announces that it has received another burner order from Exotherm
Corporation of Houston, Texas
("Exotherm") for installation in a heater in Missouri for use by a power generation
company.
"We are grateful for this second order from Exotherm, especially
as it is so soon after the previous order from them," said Jim
Deller, Ph.D., Chief Executive Officer of ClearSign. "It is
exciting that heater and engineering companies like Exotherm are
achieving sales and success in their business by the inclusion of
the performance that ClearSign's burner provides. Developing these
relationships, and supplying burners to end-users, while also
aiding the competitiveness of our immediate customers is a
significant part of our strategic sales and growth plan. In
addition, we believe that this order is evidence of the continued
interest in this horizontally fired burner product line. This is
now our second order into the power generation market, and it
continues the expansion of our geographic footprint into another
state with this installation going into the State of Missouri. We look forward to a
continued relationship with Exotherm as we help provide their
customers with efficient emissions and decarbonization
solutions."
This order is for a burner to be installed into a burner at a
power generation facility. The burner will be installed in a
process heater in Turney, MO for a
customer in the power generation industry and is expected to be
shipped in early 2025.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products
and technologies for the purpose of decarbonization and improving
key performance characteristics of industrial and commercial
systems, including operational performance, energy efficiency,
emission reduction, safety, the use of hydrogen as a fuel 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.
About Exotherm Corporation
Exotherm is a leader in designing and manufacturing custom-built
fired heaters, which include the Uniflux brand convection heaters.
The staff at Exotherm includes process engineers, experienced
design and controls engineers, and field service technicians
available to troubleshoot and service all Uniflux/Exotherm process
heaters. Exotherm has the ability to design a safe, dependable
heater for nearly any application. Exotherm provides heaters for
applications including thermal fluids, vegetable oils, crude oil,
and regeneration gas. Exotherm is located in Houston, TX. For more information you can
visit: www.exotherm.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, which could cause actual results to
materially differ from such statements. Such risks, uncertainties
and other factors include, but are not limited to: the performance
of the Company's burners, including related fuel and electricity
savings and its ability to lower NOx emissions; the Company's
ability to successfully deliver, install, and meet the performance
obligations of the Company's burners, including process
burners, in the markets the Company sell products in; the Company's
ability to continue its business relationship with Exotherm; the
Company's ability to timely ship its burners; the Company's ability
to further expand into other geographic markets; the Company's
ability to expand its footprint in the power generation and
distribution market; 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 orders and performance
optimization processes included therein; general business and
economic conditions; the performance of management and the
Company's employees; the Company's ability to obtain financing,
when needed; the Company's ability to compete with competitors;
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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/clearsign-technologies-announces-burner-order-for-power-generation-customer-in-missouri-302271256.html
SOURCE ClearSign Technologies Corporation