MagneGas Presents to Large Organization of US Power Companies

TAMPA, Fla., April 14, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that includes among its inventions the patented process that converts liquid waste into a hydrogen-based fuel, has been invited to present to National Power Companies at the EUCG conference on Tuesday, April 14, 2015.

The EUCG organization shares best practices in costs saving, productivity improvement and safety. MagneGas was specifically invited to present its innovative cutting fuel as a replacement to acetylene which poses significantly safety risks to users due to its inherently unstable chemical composition. The EUCG is committed to sponsoring and offering services and products that will increase efficiency and provide information to take its members successfully into the next generation of technology.  MagneGas is already providing cutting fuel to one of the largest utility companies in the United States and hopes to expand upon that customer base through this conference.

"We at MagneGas are proud to be invited to present MagneGas 2® at this EUCG meeting," stated Ermanno Santilli, CEO of MagneGas. "We believe acetylene users have become increasingly concerned by the inherent dangers of acetylene cutting fuel and this has resulted in MagneGas 2® gaining market recognition for safety and productivity versus this legacy fuel." 

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.

About EUCG:
EUCG is a member-based trade association comprised of professionals from utility companies that meets semi-annually to provide a forum and tools to exchange information, share lessons learned, and find solutions to industry issues. Electric utility plant and company challenges are identified and information is exchanged with the purpose of improving performance and increasing company value and competitiveness. Best-in-class performance data is readily available to participating members.

EUCG has semi-annual workshops in the spring and fall of each year that are attended by a mix of both corporate and plant personnel. Member representatives may have technical or business backgrounds and range in positions from engineers and accountants to directors and vice presidents in the business areas of finance, business planning, performance improvement and other roles found in the typical energy company structure. A large number of the most recognized and respected national and international utility companies send representatives to each of the EUCG workshops. Agenda topics are identified by members, and presented by both members and experts of other industries that have valuable information to offer on the general topics of cost planning/budgeting, performance efficiency. and other aspects of the utility business.

For more information on EUCG, please visit the Organization' website at https://www.eucg.org/index.cfm.

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

Related Links

http://www.magnegas.com

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