Dr. Ruggero Santilli Presents Sciences Underlying MagneGas Technology at CCNY

Dr. Ruggero Santilli Presents Sciences Underlying MagneGas Technology at CCNY

Dr. Ruggero M. Santilli, founder and Chairman, was invited to speak at the
City College of NY on sciences underlying MagneGas™ technology

PR Newswire

TAMPA, Fla., Nov. 19, 2012

TAMPA, Fla., Nov. 19, 2012 /PRNewswire/ --MagneGas Corporation ("MagneGas" or
the "Company") (NASDAQ: MNGA), the developer of a technology that converts
liquid waste into a hydrogen-based metal working fuel and natural gas
alternative, announced today that on Friday October 19, 2012, Dr. Ruggero
Maria Santilli, Chairman of the Board and Chief Scientist of MagneGas,
delivered a lecture at The Institute for Ultrafast Spectroscopy and Lasers at
the City College of New York (CCNY) to students and staff.

The lecture covered some of the novel discoveries surrounding Hadronic
Chemistry, which is a broadening of the Quantum Chemistry that is at the
foundation of the MagneGas™ technology.

"It has been rewarding to see that the faculty and graduate students of CCNY
have been receptive to the novel sciences underlying the MagneGas™ technology
and are willing to collaborate on studies leading to further industrial
development," stated Dr. Santilli.

The lecture has been filmed and is available for free viewing on the web at
http://www.world-lecture-series.org/lecture-iv-a. A list of referred
publications on Hadronic Chemistry is available on request.

The MagneGas IR App is now available for free in Apple's App Store for the
iPhone or iPad http://bit.ly/AfLYwwand at Google Play
http://bit.ly/Km2iykfor Android mobile devices.

To be added to the MagneGas investor email list, please email
pcarlson@kcsa.com with MNGA in the subject line.

About MagneGas Corporation

Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is the
producer of MagneGas™, a natural gas alternative and metal working fuel that
can be made from certain industrial, municipal, agricultural and military
liquid wastes following the receipt of appropriate governmental permits.

The Company's patented Plasma Arc Flow™ process gasifies liquid waste,
creating a clean burning hydrogen based fuel that is essentially
interchangeable with natural gas. MagneGas™ can be used for metal working,
cooking, heating, powering bi fuel automobiles and more. For more information
on MagneGas, please visit the Company's website at www.magnegas.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements relate to
future events, including our ability to raise capital, or to our future
financial performance, and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or implied
by these forward-looking statements. You should not place undue reliance on
forward-looking statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond our control
and which could, and likely will, materially affect actual results, levels of
activity, performance or achievements. Any forward-looking statement reflects
our current views with respect to future events and is subject to these and
other risks, uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no obligation to
publicly update or revise these forward-looking statements for any reason, or
to update the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new information
becomes available in the future. The Company is currently using new ethylene
glycol to produce fuel until proper permits to process used liquid waste have
been obtained.

For a discussion of these risks and uncertainties, please see our filings with
the Securities and Exchange Commission. Our public filings with the SEC are
available from commercial document retrieval services and at the website
maintained by the SEC at http://www.sec.gov.

SOURCE MagneGas Corporation

Website: http://www.magnegas.com
Contact: Philip Carlson, +1-212-896-1233, pcarlson@kcsa.com, Brad Nelson,
+1-212-896-1217, bnelson@kcsa.com, both of KCSA Strategic Communications