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TheStreet Open House

MagneGas To Exhibit At The 28th Annual Ironworker Instructors Training Program

Stocks in this article: MNGAMNGAD

TAMPA, Fla., July 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 the Company will be exhibiting its fuel at the 28th Annual Ironworker Instructors Training Program sponsored by the National Ironworkers and Employers Apprenticeship Training and Journeyman Upgrading Fund (NIEATJUF) at Washtenaw Community College in Ypsilanti, MI July 10th through July 20th. MagneGas President Scott Wainwright will be demonstrating the metal working properties of MagneGas fuel to over 600 metal cutting professionals and educators who will be attending the program.   

The goal of the National Training Fund's annual Ironworker Instructors Training Program is to strengthen the knowledge and skills of Ironworker Instructors, Apprenticeship Coordinators and Directors, Business Managers, Employers and Owners. First conducted in 1985, the annual program offers a variety of technical, professional and computer courses to meet the needs of its members.

"We are very excited to have MagneGas be part of our hands-on vendor event at the Ironworkers summer training program.  We've received lots of very positive feedback from Local Union 808 in Orlando, Florida regarding the effectiveness and efficiency of their metal cutting fuel," commented Ed Abbott, General Organizer Ironworkers International.  "We're looking forward to their participation in our program and learning more about their innovation."

"We are thrilled to be a part of the Annual Ironworkers Instructors Training Program as we look to further expand our footprint throughout the metal cutting industry," stated Ermanno Santilli, CEO of MagneGas. "This well attended event provides us with the opportunity to demonstrate the superior metal cutting qualities of MagneGas as well as its improved safety and environmentally friendly conditions to iron workers who train apprentices and conduct continuing education seminars for union members."

Individuals interested in seeing a demonstration while attending the event should contact Jack Armstrong at jack.armstrong@magnegas.com.

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

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

About MagneGas Corporation

Founded in 2007, Tampa-based MagneGas Corporation (OTC BB: MNGA) is the producer of MagneGas , a natural gas alternative and metal working fuel that can be made from certain industrial, municipal, agricultural and military liquid wastes following the receipt of appropriate governmental permits.

The Company's patented Plasma Arc Flow process gasifies liquid waste, creating a clean burning hydrogen based fuel that is essentially interchangeable with natural gas. MagneGasä can be used for metal working, cooking, heating, powering bi fuel automobiles and more. 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. The Company is currently using new antifreeze, vegetable oil and ethylene glycol to produce fuel until proper permits to process used liquid waste have been obtained.

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