TAMPA, Fla., Oct. 30, 2013 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), the developer of a technology that converts liquid waste into a hydrogen-based fuel, announced today that it will be presenting at the 2013 North American Vehicle Rescue Association ("NAVRA") Competition in Clearwater Florida. The event is being held from October 30th to November 3rd with over 20,000 visitors from 31 different countries expected to attend. This event will teach fire-fighters and rescuers from around the world how to use the latest methods and technologies available for vehicle rescues. MagneGas will be demonstrating the use of its fuel in rescue extractions by providing hands-on training and competitions. As announced previously, MagneGas believes this market is ideal for the use of its fuel due to the speed of its cut and concentration of the heat affected zone. This event is anticipated to provide significant exposure to this important industry.
"Once I saw the MagneGas product firsthand, I thought it would be a perfect fit for this event. We look forward to showcasing their gas as one of many new innovative solutions for this industry," stated Dan Zinge, NAVRA President and Host Chair.
Further information on this event can be found at http://www.navraus.org.
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NAVRA is a Not-For-Profit 501 (C) (3) charitable organization that teaches rescuers how to mitigate vehicle rescue incidents by using the vehicle rescue incidents by using the Vehicle Rescue Management (VRM) system. VRM is a systematic operational theory that breaks the MVC into three inter-connected and equally important components; Command/Safety, Technical and Medical. By breaking the incident down into the three task-oriented components and using uniform terminology the rescue team's overall proficiency and safety will improve.
About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: 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. MagneGas 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.
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