TULSA,
Okla., Aug. 8, 2023 /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 that Brent Hinds has been promoted to Chief Financial
Officer.
"Brent has demonstrated an outstanding capability and
professionalism since joining ClearSign back in October of
2021," said Jim Deller, Ph.D., Chief
Executive Officer of ClearSign. "From day one, Brent has been
focused on developing ClearSign's systems to be robust and
scalable. Under his tenure, Brent has overseen the relocation
of our head office to Tulsa and
redomicile to the State of
Delaware. He has also overseen a successful equity raise in
addition to upgrading and improving our internal systems,
accounting controls and processes. He has established himself
as a true leader in our ClearSign team, and we congratulate him on
his promotion," concluded Dr. Deller.
Mr. Hinds was previously Vice President of Finance and
Controller at the Company. Mr. Hinds joined ClearSign from
Enovation Controls, Inc. a standalone subsidiary of Helios
Technologies, where he served as Vice President of Finance focused
on global sales, manufacturing, and application engineering
operations, working directly with original equipment manufacturers.
His responsibilities there included consolidation of reporting
across four legal entities totaling $120
million in revenues, $600
million in assets and $70
million in net-working capital. Mr. Hinds previously
served as Controller and Assistant Controller at Enovation
Controls. Prior to joining Enovation Controls, Mr. Hinds worked for
Stinnett & Associates, LLC, a professional advisory firm for
public and private companies, where he established risk-based audit
programs to determine adequacy and effectiveness of internal
control environment and devised audit reports for executive
management and audit committees. Additionally, Mr. Hinds served as
a compliance analyst at Baker Hughes Company. Mr. Hinds earned his
Bachelor of Science in Accounting from Oklahoma State University and is a certified public
accountant.
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.
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 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 adopted and other factors
identified in our Annual Report on Form 10-K filed with the
Securities and 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, except as may be required by law,
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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/clearsign-technologies-corporation-announces-promotion-of-brent-hinds-to-chief-financial-officer-301895459.html
SOURCE ClearSign Technologies Corporation