MagneGas Invited to Showcase New Product Breakthrough at 2014 Ironworkers
Company to Reveal Second Generation Cutting Fuel
TAMPA, Fla., July 9, 2014
TAMPA, Fla., July 9, 2014 /PRNewswire/ --MagneGas Corporation ("MagneGas" or
the "Company") (NASDAQ: MNGA), www.magnegas.com, a leading energy and
technology company that counts among its inventions a patented process that
converts liquid waste into a hydrogen-based fuel, today announced that it will
be debuting a unique new product at the 30^th annual Ironworkers Instructor
Training Program on Wednesday, July 16^th that is being held in Michigan. The
first annual program in 1985 had 83 participants in eight courses, today it
has grown to over 450 enrolled in approximately 50 courses. According to the
Company, the announcement at the program will encompass the introduction of a
new generation metal cutting fuel.
"This cutting fuel has been years in the making. With so much time spent
perfecting it and testing it, I am excited we are finally showing the world
what it can do," stated Ermanno Santilli, CEO of MagneGas.
"We are honored to be invited to the Ironworkers Instructor Training Program,"
stated Terry Vernille, Executive Vice President of MagneGas. "This is an ideal
venue to debut our new product as it will allow the Ironworkers to upgrade
their capabilities with our most up-to-date product, safeguarding the
Ironworkers' reputation as one of the most skilled, well-trained workforces in
the construction industry."
Stay tuned on www.burningthecompetition.com for updates on MagneGas' new
The MagneGas IR App is now available for free in Apple's App Store for the
iPhone or iPad http://bit.ly/AfLYww and at Google Play http://bit.ly/Km2iyk
for Android mobile devices. To receive regular updates and alerts about the
new product, interested parties can sign up at www.burningthecompetition.com.
To be added to the MagneGas investor email list, please email
firstname.lastname@example.org with MNGA in the subject line.
About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a
technology Company that counts among its inventions, a patented process that
converts liquid waste into hydrogen based fuels. The Company currently sells
MagneGas® into the metal working market as a replacement to acetylene. It
also sells equipment for the sterilization of bio-contaminated liquid waste
for various industrial and agricultural markets. In addition, the Company is
developing a variety of ancillary uses for MagneGas® fuels utilizing its high
flame temperature for co-combustion of hydrocarbon fuels and other advanced
applications. For more information on MagneGas, please visit the Company's
website at www.MagneGas.com.
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
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
Contact: KCSA Strategic Communications, Philip Carlson / Vincent Piazza, +1
212.896.1233 / +1 212.896.1289, email@example.com / firstname.lastname@example.org
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