TULSA,
Okla., Dec. 4, 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 a purchase order from Rogue
Combustion, a subsidiary of California Boiler ("Cal Boiler"), for a
boiler burner for use in their rental fleet.
"We are pleased to provide our partner Cal Boiler another
ultra-low NOx boiler burner to install in their rental fleet,"
said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
"We have previously discussed the benefits of rental boilers
providing immediate solutions for customers either in urgent
situations, or while they plan permanent future installations. The
deployment of rental boilers also provides customers with
experience using our equipment and we believe that this exposure
can assist in making sales. A recent demonstration of the value of
rental boilers was the order for a boiler burner we announced on
November 12 which was preceded by the
deployment of a Cal Boiler rental boiler to that customer."
This purchase order came from Cal Boiler and is expected to be
fabricated and shipped in the second quarter of 2025 for
installation in a new rental boiler.
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.
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 products, including process
burners, boiler burners and flare products, in the markets the
Company operate and sell its products in; the Company's ability to
successfully fabricate and ship its boiler burner products timely;
the Company's ability to leverage the rental program with Cal
Boiler to generate purchase orders for its products and services;
the Company's ability to further expand into other geographic
markets; 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.
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SOURCE ClearSign Technologies Corporation
