Clearsign Technologies Corporation · NASDAQ:CLIR
Clearsign Technologies — ClearSign Combustion — Investor Presentation (June 2015)
18 slides from Clearsign Technologies's investor presentation, Jun 3, 2015
Slide 1: ClearSign: The Future of Combustion
ClearSign The Future of Combustion NASDAQ: CLIR June 2015
Slide 2: Important Cautions Regarding Forward-looking Statements
Important Cautions Regarding Forward - looking Statements All statements in this presentation that are not statements of historical fact are forward - looking statements, including any projections of earnings, revenue, profit margin, cash or other financial items, any statements of the plans, strate
Slide 3: CLIR: Investment Highlights
CLIR: Investment Highlights • Large addressable market • Transformational technology • Strong intellectual property • Successful commercial - scale installations: customer - validated economics • “Asset - lite” model – license or subcontract • Proven leadership team with deep industry experience 3 D
Slide 4: Global Combustion Market
Global Combustion Market Boilers, furnaces and process heaters account for 2/3 of the energy used in U.S. manufacturing 1 • Three major segments: ✓ Process Combustion : direct - fired applications including air heating of furnaces and kilns, refinery process heat and waste incineration ✓ Power Gener
Slide 5: Duplex Target Market
Duplex™ Target Market ClearSign is focusing on three near - term high - value applications ✓ Process Combustion : refinery process heaters ✓ Enhanced Oil Recovery : Once - Through Steam Generators (OTSGs) ✓ Steam Generation : Package Boilers 5 ClearSign Duplex Technology in a California OTSG
Slide 6: Transformational Technology
Transformational Technology 6 Duplex is a unique technology that can reduce NOx to below 5 PPM while increasing operational efficiency . ✓ Reduced emissions : comply with the world’s toughest regulatory standards ✓ Increased operational efficiency : ✓ More efficient radiant heat transfer ✓ Eliminate
Slide 7: Duplex Technology
Duplex™ Technology @ClearSign 7
Slide 8: Annual Fuel Savings
Annual Fuel Savings 8 $- $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 1% 2% 3% 4% 5% Annual Savings (USD) Efficiency Improvement Based on a 62.5 Million Btu / hr OTSG $2/Mcf $3/Mcf $4/Mcf $5/Mcf $6/Mcf
Slide 9: Duplex fuel savings
Duplex™ fuel savings 9 0% 1% 2% 3% 4% Fuel Savings % Duplex™ Fuel Saving Components OTSG FGR Elimination Radiant Improvement
Slide 10: Electrodynamic Combustion Control
Computer Controller Power Amplifier Combustion System ELECTRODES A high - voltage pulsed electrical field is introduced directly into the combustion region: x Improves efficiency x Reduces or eliminates pollution at the source x Suitable for a wide range of fuel types (solid, liquid, Gas) Electrodyn
Slide 11: Commercialization Milestones
Commercialization Milestones Commercial pipeline - > ongoing deal flow Commercial acceptance as an industry game - changer Multiple installations build market confidence Field validation at commercial scale Lab - scale testing and proof of concept Research and experimentation 11 < - ECC Duplex - > 2
Slide 12: An "Asset-Lite" Business Model
An “Asset - Lite” Business Model • Unique value proposition provides strong potential margins (> 50%) • “Asset – lite” minimum working capital and CapEx requirements • Simple, cost - effective designs • Designs allow subcontracting through existing regional partners trusted by customers • Patented t
Slide 13: Strong Intellectual Property
Strong Intellectual Property • We believe our technologies represent a greenfield opportunity • We believe we have complete freedom to practice • Patent portfolio is expanding rapidly 13 2010 3 Patents Pending 2012 40+ Patents Pending 2013 100+ Patents Pending 2015 150+ Patents Pending 3 Patents Gra
Slide 14: Market Drivers
Market Drivers • Environmental Compliance : increasing regulation of NOx and other polllutants across the U.S., Canada, Europe and China • Operational Efficiency : x Energy savings x Increased throughput x Reduced maintenance and downtime 14
Slide 15: Go-to-Market Strategy
Go - to - Market Strategy • Flexible design meets customer needs, allowing immediate entry into the value chain • Well - suited to licensing of technology to existing channels • Or sub - contracting through established and proven value chain 15
Slide 16: Commercial Installations
Commercial Installations • Four customer field demonstrations • Steam Generation : Oil Production (EOR / OTSG) 1. Aera Energy 2. OTSG commercial installation • Process Combustion : Refinery Process Heat 3. Tricor refining 4. California petrochemical refinery (diesel) 16
Slide 17: Experienced Leadership Team
Experienced Leadership Team Steve Pirnat Chief Executive Officer • CEO, John Zink, div. Koch Ind. • Managing Dir. EMEA, Quest Integrity Group Andrew Lee SVP Business Development • Chief Revenue Officer Adapx, Inc. • SVP Sales Microvision, Inc. Joe Colannino Chief Technology Officer • Head of R&D, IP
Slide 18: CLIR: Key Takeaways
CLIR: Key Takeaways 18 Petrochemical Refinery • Large addressable market • Transformational technology • Strong intellectual property • Successful commercial - scale installations: customer - validated economics • “Asset - lite” model – license or subcontract • Proven leadership team with deep indus
ClearSign Combustion — Investor Presentation (June 2015) on 6ix