SEATTLE, March 29, 2016 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR) announced last week that David Goodson has resigned from the Board of Directors.
Mr. Goodson is a co-founder of the Company and a valued contributor since its inception in January 2008. His resignation has been planned for some time as his focus has shifted to other projects, including the start-up, TransVolt International Energy Corporation, which he co-founded.
"I would like to thank David for his contribution to ClearSign," said Stephen Pirnat, ClearSign Chairman and CEO. "We wish him well in his future endeavors."
"I am very happy to see where ClearSign is today," stated David Goodson. "We have come a long way since we formed the Company and I am confident that there is a bright future in commercial adoption of the technologies. Because the Company now has an experienced team in place, I feel comfortable about leaving to pursue new projects."
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs, develops and markets technologies that drive to improve key performance characteristics of combustion systems, including emissions and operational performance, energy efficiency and overall cost-effectiveness. Our patent-pending Duplex™ and Electrodynamic Combustion Control™ platform technologies enhance the performance of combustion systems in a broad range of markets, including the chemical, petrochemical, refinery, power and commercial boiler industries. For more information, 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 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 Annual Report on Form 10-K 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.
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SOURCE ClearSign Combustion Corporation