MagneGas Hires Vice President of Engineering to Oversee Growing Development Initiatives

TAMPA, Fla., Oct. 7, 2014 /PRNewswire/ -- MagneGas® Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that includes among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today the addition of Richard Conz, Vice President of Engineering.

Mr. Conz joins MagneGas as part of the Company's push to upgrade its engineering and project management capabilities. Mr. Conz's experience working in multinationals, such as Raytheon, and running multi-billion dollar projects makes him a great asset to the team. His experience will be critical to the joint ventures, product launches and testing programs the Company is pursuing.

Mr. Conz holds a bachelor's degree in Electrical and Electronics Engineering from Wayne State University. He is also Six Sigma Certified and was honored with the Commander's Award for Public Service for Operation Desert Shield/Desert Storm by the U.S. Army.

"Rick brings significant program management and engineering experience to the team to take us to the next level. The addition of Rick will immediately improve MagneGas's abilities to manage product launches and R&D projects," commented Jack Armstrong, Senior Vice President at MagneGas.

"As MagneGas continues its transition to a more process-centric organization, Rick brings critical skills to further improve our Engineering and Program Management skill set," commented Ermanno Santilli, CEO of MagneGas.  "With more product launches, certification projects and joint ventures in development than at any time in Company history, he is an integral and valuable addition to the team."

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 be added to the MagneGas investor email list, please email [email protected] 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 is also selling 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.

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.

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.

Investor Contacts:

KCSA Strategic Communications
Philip Carlson / Brad Nelson
+1 212.896.1233 / +1 212.896.1217
[email protected] / [email protected]

SOURCE MagneGas Corporation

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