From the Horizontally Fired Process Burner
Product Line
Sold By Heater Manufacturer Devco Process
Heaters
TULSA,
Okla., June 26, 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, announces a burner sale from
the horizontally fired process burner product line.
"This sale is meaningful for multiple reasons," said Jim
Deller, Ph.D., Chief Executive Officer of ClearSign. "First, this
is the largest boiler burner we have sold to date, at close to 90
million BTU/hr, or almost two times the size of our previous
largest single burner. With this we will have demonstrated products
designed for our small, medium and large size ranges in the field.
Secondly, this burner was sold in collaboration with another heater
manufacturer, Devco Process Heaters, into the midstream market,
which will introduce our solutions to new customers and expand our
sales channels."
The burner was sold by Devco Process Heaters of Tulsa, OK and will be going into a new heater
in a central Texas gas processing
facility. The Company expects to deliver the burner in the third
quarter.
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.
About Devco Heaters
Devco Process Heaters ("DPH") is a 25-year-old company from
Tulsa that has built heaters
across the globe, installing over 200 heaters to date. DPH also
provides standard package heating systems, hot oil pump skids,
burner management system packages, and fuel train designs.
Recently, DPH expanded to incorporate additional
capabilities, including piping and skid design, small storage
vessels, on-site commissioning and startup, and many other
services.
DPH's capabilities on process heaters range from 100,000 BTu/hr
to 100MMBtu/hr utilizing direct fired and cabin style heater
designs. More information can be found at
www.devcoheaters.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
Company's ability to successfully deliver, install, and meet the
performance obligations of the Company's burners, including
horizontally fired process burners, in the markets the Company 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 orders; 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 SEC 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