|By PR Newswire||
|September 4, 2014 09:15 AM EDT||
SEATTLE, Sept. 4, 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 was selected as a finalist for the 2014 West Coast Oil & Gas Awards, an industry initiative to recognize forward-thinking organizations across the industry.
ClearSign was shortlisted in the "New Technology Development of the Year" category for advancements in the emissions control space with its Duplex™ Tile technology. The selection comes in the wake of ClearSign's recent announcement of a field test agreement with Aera Energy LLC, one of California's largest oil and gas producers, to demonstrate its next-generation NOx emissions control technology in California's San Joaquin Valley.
"We are honored to have been selected as a finalist in the category of New Technology Development of the Year from among such a distinguished group of our peers," said ClearSign CEO, Rick Rutkowski. 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 cost and increased capacity in upstream, midstream and downstream operations. We are grateful for this early recognition of our achievement."
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.
Winners of the West Coast Oil & Gas Awards will be announced at the Oil & Gas Awards Gala Dinner in Bakersfield, Calif. on Tuesday, October 21, 2014. The gala concludes the West Coast Industry Summit, an event held for participating companies and organizations that have an interest in the region.
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.
SOURCE ClearSign Combustion Corporation
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