TAMPA, Fla., Feb. 19, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, is pleased to announce that they will host the UN World Water Day Summit on Monday, March 23, 2015 at the United Nations Headquarters in New York City in partnership with The Jack Brewer Foundation (JBF Worldwide) and the U.S. Federation for Middle East Peace (USFMEP). This summit will allow MagneGas the opportunity to bring forth its sterilization system with top industry leaders and international organizations to facilitate global expansion of its technology for the treatment of sewage and agricultural waters.
In 1993, the United Nations General Assembly designated March 22 as the first World Water Day. Twenty-two years later, World Water Day is celebrated around the world shining the spotlight on a different issue every year. In 2015, the theme for World Water Day is 'Water and Sustainable Development.' In keeping with this year's theme, the UN World Water Day Summit will feature panel discussions on "Waste Water and Irrigation Challenges" and "Sustainable Innovations for Water Procurement" as well as special guest speakers.
The UN World Water Day Summit will provide a high-level platform for dialogue surrounding sustainable development and global efforts to manage clean water. UN Ambassadors and diplomats, industry leaders including sustainability companies and environmental organizations, will spend the day focusing on the challenges many regions of the world face when it comes to the availability and necessity of clean water and more importantly, innovative solutions will be highlighted and addressed.
"With approximately 2.5 billion people living without basic sanitation facilities, and an estimated 748 million people lacking access to improved sources of drinking water, sustainable innovations and practices must lead the way," says MagneGas CEO Ermanno Santilli. "As an endorser of the UN Global Compact's CEO Water Mandate, we at MagneGas Corporation stand behind our pledge to provide opportunities to make a positive impact in the emerging global water crisis and advance sustainable solutions. This event will provide a framework for those with innovative products, services, ideas, and practices to come together to further the progression of accessibility to clean water for those in need."
For more information about this invite-only event please visit www.thebrewergroup.com/events.
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About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas® into the metal working market as a replacement to acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for MagneGas® fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. For more information on MagneGas®, please visit the Company's website at www.MagneGas.com.
About The Jack Brewer Foundation (JBF Worldwide)
Jack Brewer, five-year National Football League (NFL) veteran and founder/CEO of The Brewer Group, Inc., established The Jack Brewer Foundation (JBF Worldwide) to empower women and children living in impoverished and underdeveloped communities by enabling food security; promoting access to education and cultural exchanges; assisting in medical aid and disaster relief; and building peace. JBF Worldwide uses sport as a catalyst to provide resources and opportunities to the world's most underserved populations and actively works to "Empower From Within." For more information about The Jack Brewer Foundation, please visit www.jbfworldwide.org or follow them on Facebook, Twitter, Instagram and Pinterest.
Kristi Hofacker, Director of Interactive Marketing & Media
About United States Federation for Middle East Peace (USFMEP)
The US Federation for Middle East Peace (USFMEP) / United Federation for Peace and Development (UFPD) (USFMEP/UFPD) Mrs. Sally Kader, president and Founder of the organization works very hard with her team to promotes the United Nations commitment to international peace, security, justice and works on Empowerment of Women and Girls including Youth leadership through educational programs, public relations and community outreach initiatives such as Sports events throughout the world. USFMEP/UFPD works to provide Americans and Europeans with information about the Middle East including its history, religions, cultures and political landscape. The goal is to promote understanding of Middle Eastern culture through seminars, workshops, roundtables, and public forums. USFMEP/UFPD has established networks and liaison offices in other regions of the world to help raise awareness on issues concerning peace in the Middle East; utilizing the latest methods in information. For more information about USFMEP/UFPD, please visit www.usfmep.org.
Sally (Salwa) Kader, President and Founder
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.
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.
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