TAMPA, Fla., Aug. 13, 2015 /PRNewswire/ -- MagneGas Corporation, ("MagneGas" or the "Company") (NASDAQ: MNGA), an alternative energy company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, is pleased to be featured in the August issue of The FABRICATOR®, North America's leading magazine for the metal forming and fabricating industry.
Boasting nearly 60,000 subscribers, The FABRICATOR magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. As the foremost authority on metal fabricating technology, the magazine focuses on subjects such as: sheet metal punching, coil processing, plate and structural fabricating lasers, and welding and joining safety. The August issue contains articles on numerous subjects including "Oxyfuel cutting thick, fast—and safely", showcasing the Company's latest innovation, MagneGas 2®. View the full digital version of the article here.
Under rigorous testing, MagneGas 2® is shown to be a safer, more effective cutting tool when compared to the common alternatives of acetylene or propane. The Company reports that during recent testing, a mechanized oxyfuel cutting setup can cut a 2 inch thick metal plate at an astounding 18 inches per minute. The article also references a representative from Titan Contracting & Leasing, a large industrial fabricator, saying that higher cutting speed also means that field fabricators need to spend less time in tight spaces with a cutting flame, resulting in an increase in operational efficiency, as well as a reduction in risk. As mentioned in the article, "...the gas is lighter than air, which improves safety. Typical oxyfuel gases are heavier than air, so in the event of a leak in a confined space, the gas falls to the floor—a hazard waiting for an ignition source."
"It is a wonderful validation to have such a highly respected publication take the time to independently assess and conclude the same benefits that we have been experiencing in our own research and development," commented MagneGas CEO Ermanno Santilli. "Communicating this information to the large number of industry experts who comprise this publication's reader base will continue to raise awareness and put MagneGas into the mind of leaders concerned with efficiency and safety."
About MagneGas Corporation MagneGas Corporation (NASDAQ: MNGA) is a Tampa, Florida based alternative energy company that invented an innovative Plasma-Arc Technology® which gasifies a number of liquid wastes into a natural gas alternative and sterilized liquid for irrigation or fertilization. The Company currently uses the patented process for creating MagneGas 2® as an acetylene replacement in the global industrial gas market. The technology is used for liquid waste processing in various industrial and agricultural markets. In addition, the Company is developing the use of MagneGas® in co-combustion for the reduction of hydrocarbon emissions such as coal. For more information on MagneGas Corporation, please visit the Company's website at www.MagneGas.com
About The FABRICATOR® The FABRICATOR® is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The FABRICATOR has served the industry since 1971. Print subscriptions are free to qualified persons in North America involved in metal forming and fabricating.
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.
SOURCE MagneGas Corporation