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MagneGas Signs Mike Alstott To Create Product Awareness

TAMPA, Fla., June 11, 2012 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), the developer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that it has signed Mike Alstott to increase product awareness and promote sales of MagneGas™ across the U.S.

Mr. Alstott, who played his entire 12 year NFL career with the Tampa Bay Buccaneers, is well known throughout Florida for, not only his work on the football field, but also as a community servant. Since the conclusion of his NFL career, Mr. Alstott has helped raise awareness for various charitable organizations through the Mike Alstott Family Foundation.

Mr. Alstott commented, "MagneGas Corporation offers me the opportunity to play a key role in helping to further create awareness for a next generation, environmentally friendly company that is expanding its footprint throughout the metal working industry. It is my belief that MagneGas™ is the future in the metal cutting industry as it is a faster and cleaner fuel that is cost effective for our customers. I am confident in the Company's growth prospects for the future and I look forward to being an integral part of the growth process."

"Over the past year, we have made significant strides in growing our business as well as improving the overall quality of our leadership team," commented Scott Wainwright, President of MagneGas. "Having seen the work Mike has done through his foundation and his successful business endeavors, I am confident he will have an immediate and positive impact on our Company. We look forward to working with Mike and are happy he is part of the MagneGas team."

To be added to the MagneGas investor email list, please email pcarlson@kcsa.com with MNGA in the subject line.

Become a MagneGas fan and follow the Company on Facebook -- visit www.facebook.com/MagneGas.

The MagneGas iPhone App is now available for free at the Apple App store on the iPhone or at http://bit.ly/AfLYww.

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