MagneGas to Demonstrate at the Largest Fabrication and Welding Event in North America

TAMPA, Fla., Oct. 2, 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 that it will be exhibiting at FABTECH, North America's largest metal forming, fabricating, welding, and finishing event.

The MagneGas exhibit will be open all three days of the conference in Atlanta, Georgia from November 11-13^th. The Company will be demonstrating their efficient and environmentally friendly acetylene replacement, MagneGas® 2. FABTECH anticipates as many as 27,000 attendees and 1,400 exhibitors for this year's event.  MagneGas® will be one of the only gases used indoors due to its low emissions and safety which will allow a hands-on experience for attendees.  In addition, the Company will be utilizing a cutting table made specifically for MagneGas by O'Cain Welding Systems.

"MagneGas® 2 was well received at the ironworkers meeting in Michigan earlier this year," stated Terry Vernille, Executive VP of Industrial Gas. "We are very excited to present it to an even larger audience at FABTECH, it is a great event to showcase the properties of our fuel."

"Following verification from EWI, a leading independent R&D lab for advanced cutting technologies, that MagneGas® 2 Cuts almost 40% faster than acetylene, we have been eager to demonstrate at FABTECH," commented Ermanno Santilli CEO of MagneGas Corp. "When we previously demonstrated at FABTECH the turnout was fantastic and we expect an even better reception this year."

MagneGas entered into a short promotional YouTube competition hosted by FABTECH to increase attendance. The new video can be found on the MagneGas YouTube channel:

https://www.youtube.com/watch?v=nDomAD3BKPw&list=UUkVyhgqzHDbE_qAuRATU_zQ

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 FABTECH:

FABTECH heads to Atlanta, GA November 11-13, 2014 bringing together an anticipated 27,000 attendees and 1,400 exhibiting companies all under one roof. The show provides a backdrop for visitors to experience live equipment demonstration, find cost savings solutions, and network with industry peers throughout the 500,000+ square feet of show floor throughout the A, B, and C buildings at the Georgia World Congress Center. The event also provides learning opportunities beyond the exhibits with over 100 educational sessions and expert-led presentations on the latest industry trends and technology in the metal forming, fabricating, welding and finishing industries. For more information on FABTECH Expo, please visit their website at http://www.fabtechexpo.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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