MagneGas® Releases Dramatic Gas Stability Video
Graphic Detonation Video Created by Former Military Special Forces, Demonstrates the Stability of MagneGas® versus Acetylene
TAMPA, Fla., May 8, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today that the Company released an independently produced video demonstrating the stability of MagneGas2®.
In order to clearly demonstrate the stability of MagneGas2® as compared to Acetylene, MagneGas Corporation contracted with the independent company Operator LLC, run by former Military Operations Special Forces, who worked with local police and fire officials to shoot 50 caliber incendiary rounds into a cylinder of Acetylene and a cylinder of MagneGas2®.
Acetylene, while commonly used, is one of the most dangerous industrial gases available on the market due to its unstable chemical composition and heavier than air characteristics. MagneGas2® has been independently tested to be a stable compressed gas and has lighter than air characteristics making it safer than acetylene.
As expected, the acetylene cylinder erupted into flames and burned for over 10 minutes emitting a black soot while the MagneGas2® cylinder was vented with no ignition even though it too was pierced with an incendiary round.
"Following months of planning and safety reviews with Scott Neil at Operator LLC, a former Special Operations Forces, along with other subject matter experts back in early April, MagneGas completed a gas stability test with dramatic results," commented Ermanno Santilli, CEO of MagneGas Corporation "We are pleased to be able to graphically demonstrate the superiority of MagneGas2 vs. acetylene and we will continue with third party validation of these claims."
The video can be viewed at the following link:
https://www.youtube.com/watch?v=76oIcODTjJo
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 Operator LLC:
Operator LLC leverages the mystique and well-justified image of the "best-of-the-best" that surrounds Special Operations Forces (Green Beret, Navy SEAL, Army Ranger, and MARSOC). Operator provides best in class service, support, product lines and consulting services to a global industry and commercial audience, with the motto "Fear None." One of the company's event arms, Shooting With SOF, hosts a unique series of special shooting events throughout the year benefiting several Special Operations Forces charities, including the Green Beret Foundation.
Scott Neil is Chief Executive Officer. He is a 25-year veteran of the Special Forces, better known as the Green Berets. Scott served in the 5th Legion with multiple deployments to the Middle East to conduct a full spectrum of special operations. Following 9/11 Scott was one of the first to deploy into Afghanistan and led multiple combat operations as the Master Assaulter for the region's Commander's In Extremist Forces and again into Iraq and the Horn of Africa. In 2006, Scott was selected to become the first Senior Enlisted Advisor to the Director of US Special Operations Command's Interagency Task Force (IATF) at MacDill AFB, FL as well as the Operational Advisor to the Director of Science and Technology for US Special Operation Command and retired from that position.
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
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