Central Florida Fire Rescue Department Completes Testing and Confirms MagneGas® Fuel Order
Fire Rescue Department from Central Florida Places First Order of MagneGas® as Replacement to Acetylene
TAMPA, Fla., April 28, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today that it has received formal confirmation from a Central Florida Fire Rescue Department that it has successfully completed testing of MagneGas® for use as a replacement to acetylene and has placed its first MagneGas® order of fuel and MagneTotes®. The order was placed through the MagneGas exclusive Fire Rescue distributor, Municipal Equipment Company, LLC.
As part of its overall strategy to grow fuel sales, MagneGas has identified government funded organizations such as fire departments and first responder units as ideal customers for the use of its gas due to the speed of the MagneGas® cut and the concentration of the heat affected zone. The fuel is produced in the USA, from a renewable energy source, as opposed to acetylene which is made from calcium carbine which is mostly imported from China and other countries. The reduced heat affected zone as compared to acetylene means the potential for less impact on human life in the vicinity of a cut during extractions. In addition, MagneGas® is lighter than air, so the fuel dissipates in the event of a leak and is a stable fuel. These benefits are critical for the first responder market. The Central Florida Fire Rescue Department will be using MagneGas® as a replacement to acetylene for extractions and other metal cutting uses due to its safety profile. MagneGas personnel have planned ongoing training sessions with first responders which began on April 27, 2015.
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.
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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.
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SOURCE MagneGas Corporation
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