MagneGas Signs Agreement with Major Hog Farm for Demo and Sale of Sterilization System

TAMPA, Fla., Sept. 4, 2014 /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 it has signed a Memorandum of Understanding ("MOU") with a large confidential hog farm in Indiana.

Established in 1996, the hog farm is on the leading edge of the pig industry with procedures in place to control disease and contamination, resulting in a product of higher quality.  Raising over 40,000 pigs per year, this farm has a minimum of 18,000 pigs on hand at any given time making it one of the largest in Indiana, Michigan and Ohio with future expansion planned. The hog farm plans to offer a safer sterilized pig manure to the surrounding agricultural community by using the MagneGas system while co-firing MagneGas® with propane or natural gas to reduce energy costs.

The MOU provides that following a successful demonstration, the hog farm will buy a MagneGas sterilization system and will become an exclusive distributor for MagneGas products in the agricultural industry for Indiana, Michigan and Ohio.  The hog farm will also be available as the MagneGas demonstration center for the agricultural sector that is expected to attract global interest in this new process.

"We are excited to do a live, 30 day demonstration at our facility. We want to sterilize manure waste, making it easier for us to bring to the field and have a very high quality fertilizer that is nearly odorless. We see a huge market in not only the pig industry, but in other industries like chicken and cattle as well. We also want to maximize the gas bi-product to co-combust with either natural gas or propane to maximize the positive environmental effect and further reduce costs. We look forward to changing the way farming is currently done by implementing MagneGas® throughout the Midwest and ultimately the world. Our goal as farmers is to be good stewards of the land and to leave it a better place than we found it, and we believe MagneGas® will help us do just that," stated the owner.

"During my visit to the hog farm I was very impressed by the cleanliness and progressiveness of their facilities. They have clearly employed the latest farming methods and technologies which is led by their vision that as technology improves so can procedures used in farming, resulting in a better, safer and cleaner environment. We are looking forward to working with our new agricultural partners in the Midwest and beyond to provide a more sustainable agricultural product by transforming manure with the MagneGas system," commented Ermanno Santilli, CEO of the Company.

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.

The new video can be found on the MagneGas YouTube channel:
https://www.youtube.com/watch?v=ohJ9tQ3vjjE&feature=youtu.be

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.

SOURCE MagneGas Corporation

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