|By PR Newswire||
|January 29, 2014 05:00 PM EST||
TAMPA, Fla., Jan. 29, 2014 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), the developer of a technology that converts liquid waste into hydrogen-based fuels, announced today that the Special Operations Team of the Clearwater Fire Department demonstrated MagneGas as its preferred cutting fuel at the Pinellas County Special Operations Technical Training Event held this week in Clearwater, Florida. This three day event includes Fire & Rescue teams from across western Florida and showcases preferred technologies and products currently in use by each team. As part of its overall strategy to grow fuel sales, MagneGas has identified Fire Departments and First Responder Units as ideal customers for the use of its gas due to the speed of the MagneGas cut and concentration of the heat affected zone.
"MagneGas burns bright at this technical demonstration event," stated Clearwater Special Operations Fire Chief, Kent Watts. "This three day event offers a wide array of technical cross training to intra-county special operations teams. MagneGas is the comprehensive solution to the special operations tool kit," concluded Chief Watts.
Dean Shepherd of Southern Rescue Tools, LLC. further commented. "We provide support to Florida fire and rescue teams and are excited to partner with MagneGas. It provides the ultimate metal cutting solution. You can always tell where MagneGas is being demonstrated by the size of the crowd participating."
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About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is the producer of MagneGasTM, 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 FlowTM process gasifies liquid waste, creating a clean burning hydrogen based fuel that is essentially interchangeable with natural gas. MagneGas can be used for metal working, cooking, heating, powering bi-fuel automobiles and co-combustion of hydrocarbon fuels. For more information on MagneGas, please visit the Company's website at www.magnegas.com.
About Southern Recue Tools, Inc.
Southern Rescue Tools, LLC is located in Largo, Florida and provides rescue and extraction tools to fire departments across the Southeast United States.
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 ethylene glycol to produce fuel.
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