speaker
Operator
Conference Call Operator

The ClearSign Technologies call will begin shortly, so please continue to hold. Again, the ClearSign Technologies call will begin shortly, so please continue to hold. © transcript Emily Beynon Good day and welcome to the ClearSign Technologies third quarter 2021 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your touchtone phone. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Matthew Selinger of Firm IR Group. Please go ahead.

speaker
Matthew Selinger
Firm IR Group Representative

Good afternoon, and thank you, Operator. Welcome, everyone, to the ClearSign Technologies Corporation's third quarter 2021 results conference call. During this conference call, the company will make forward-looking statements. Any statement that is not a statement of historical fact is a forward-looking statement. This includes remarks about the company's projections, expectations, plans, beliefs, and prospects. These statements are based on judgments and analysis as of the date of this conference call and are subject to numerous important risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The risks and uncertainties associated with the forward-looking statements made in this conference call include, but are not limited to, whether field testing and sales of ClearSign's products will be successfully completed, whether ClearSign will be successful in expanding the market for its products, and other risks that are described in ClearSign's public periodic filings with the SEC, including the discussion in the risk factor section of the 2020 annual report on Form 10-K. Except as required by law, ClearSign assumes no responsibility to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so. So on the call with me today are Jim Deller, ClearSign's President and Chief Executive Officer, and Brett Hines, ClearSign's Vice President of Finance and Controller. So at this point, I would like to turn the call over to CEO Jim Deller. Jim, please go ahead.

speaker
Jim Deller
President and Chief Executive Officer

Thank you, Matthew. And thank you, everyone, for joining us today for our third quarter call. Before we get into the main body of the call today, I want to initially introduce you to our new leader of our finance team and principal finance and accounting officer, Brent Hynes. Brent has been with ClearSign now for just one month, but has already made great progress taking control of our accounting function. Brent joined ClearSign most recently from Innovation 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 revenue, $600 million in assets, and $70 million in net working capital. Prior to joining Innovation Controls, Brent worked for Stenland 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 controls and devised audit reports for executive management and audit committees. Additionally, Mr. Hines served as a compliance analyst at Baker Hughes Company. Mr. Hines earned his Bachelor of Science in Accounting from Oklahoma State University and is a certified public accountant. With all that said, We are very grateful to have found Brent and welcome Brent to the team. His expertise and experience align specifically with our highest priority objectives for our finance function. In the short time we have been working together, I have enjoyed his energy and enthusiasm and look forward to building our ClearSign team and ClearSign business with him. So, for the first time, I will now turn the call over to Brent to cover the financial overview. Brent? Thank you, Jim.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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