SEATTLE, Oct. 18, 2019 /PRNewswire/ -- ClearSign
Combustion Corporation (Nasdaq: CLIR) ("ClearSign" or the
"Company"), an emerging leader in industrial combustion
technologies that improve energy and operational efficiency while
dramatically reducing emissions, announces that the company has
received a Purchase Order from ExxonMobil to perform early
engineering and installation planning regarding a trial
installation of the company's ClearSign Core process burners at one
of their Gulf Coast refineries.
This order is the next step in the process for the Company to
showcase ClearSign Core technology's best-in-classNOx
emissions and for ExxonMobil to assess applicability across its
process heater fleet. The engineering follows the previously
announced qualification program that the Company performed at their
State-of-the-Art Seattle R&D facility. That testing was
an evaluation over a broad range of typical conditions, including
variations in fuel heating values, turndown, and excess air.
"We are delighted and encouraged by this highly significant
order, and the ongoing engagement and interest from ExxonMobil,"
said Jim Deller, Ph.D, CEO of
ClearSign. "This engineering order is one of the final steps
prior to qualifying our ClearSign Core process burner technology
for use in an ExxonMobil refinery, and is a significant milestone
for our company in the process of demonstrating our technology with
a supermajor at their facility. This is a culmination of
months of thorough evaluation and coordination between our team and
the Research and Engineering team at ExxonMobil. The specific
site and location has been selected and we look forward to
continuing to support ExxonMobil's evaluation of our ClearSign Core
technology."
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs and develops products
and technologies for the purpose of improving key performance
characteristics of combustion systems, including operational
performance, energy efficiency, emission reduction and overall
cost-effectiveness. Our patented technologies, embedded in
established OEM products as ClearSign Coreä enhance the
performance of combustion systems in a broad range of markets,
including the energy (upstream oil production and down-stream
refining), commercial/industrial boiler, chemical, petrochemical,
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, 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 our
control, that could cause actual results to materially differ from
such statements. Such risks, uncertainties and other factors
include, but are not limited to, general business and economic
conditions, the performance of management and our employees, our
ability to obtain financing, competition, whether our technology
will be accepted and other factors identified in our Annual Report
on Form 10-K filed with the Securities & Exchange Commission
and available at www.sec.gov and other factors that are detailed in
our periodic and current reports available for review at
www.sec.gov. Furthermore, we operate 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. We disclaim any intention to, and
undertake no obligation to, update or revise forward-looking
statements to reflect events or circumstances that subsequently
occur or of which we hereafter become aware.
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SOURCE ClearSign Combustion Corporation