TAMPA, FL -- (Marketwire) -- 10/30/10 -- MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), the manufacturer of a technology that produces metal working fuel and natural gas alternative made from liquid waste, announced today that it will exhibit at FABTECH (www.fabtechexpo.com), North America's largest metal forming, fabricating, finishing and welding event. The event occurs November 2-4, and will be held at the Georgia World Congress in Atlanta, Georgia. President Richard Connelly will be demonstrating live the effectiveness of MagneGas™ as a metal working fuel. Attendees can find the MagneGas exhibit at booth number 7837, prominently located at the corner of a row to maximize traffic and exposure.
"After two years of perfecting our system and laying the groundwork for fuel sales, FABTECH 2010 will serve as the grand debut of MagneGas™ fuel to the metal working market," stated MagneGas President Richard Connelly. "Not only is it the largest event of its kind, but it is also the most influential -- exhibitors help shape the future of the industry, and attendees are both passionate about innovation and motivated to purchase outstanding products. We believe we can generate significant interest in MagneGas™ by demonstrating -- live -- its advantages over existing fuels; we hope to secure additional customers by exhibiting our product at such a large industry event."
Richard Connelly is a recipient of the prestigious Lifetime Membership Award from the American Welding Society. The award reflects over 35 years of continuous membership and ongoing contribution to the advancement of Welding Technologies and Processes.
About the FABTECH (www.fabtechexpo.com)
FABTECH is North America's largest metal forming, fabricating, welding and finishing event. The event has brought together over a half million buyers and sellers from around the world. This premier industry trade show and conference is cosponsored by the American Welding Society (AWS), the Fabricators and Manufacturers Association, International (FMA), the Society of Manufacturing Engineers (SME), the Precision Metalforming Association (PMA) and the Chemical Coaters Association International (CCAI). Industry partners for this event are the National Association of Manufacturers (NAM) and the Association for Manufacturing Technology (AMT). This annual event anticipates 22,000 visitors and over 1,000 exhibiting companies (including members of RWMA, WEMCO and WEMA) covering more than 350,000 net square feet of floor space.
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About MagneGas Corporation (www.magnegas.com)
Founded in 2007, Tampa-based MagneGas Corporation (OTCBB: MNGA) is the producer of MagneGas™, a natural gas alternative and metal working fuel made from industrial, municipal, agricultural and military liquid wastes following the reception of appropriate governmental permits.
The Company's patented Plasma Arc Flow™ process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas™ can be used for metal cutting, cooking, heating, powering bi fuel automobiles and more.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events 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 safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
CONTACT:
Justin K. Davis
Vice President of Domestic Relations
MagneGas Corporation
(866) 330-MNGA (6642)
Email Contact
www.magnegas.com