TAMPA, Florida, August 25, 2016 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (MNGA) a leading technology company that counts among its inventions a patented process that converts renewable and waste liquids into MagneGas® fuels, announced today that the Pinellas County Fire Department's teams of emergency responders, the Technical Rescue Team, have chosen MagneGas2®, and the MagneTote™ as their preferred metal cutting tool. Pinellas County is the 6th most populous county in Florida as measured by the state's Office of Economic and Demographic Research. MagneGas2® and the MagneTote™ are currently used by emergency response teams in several other Florida counties as well.
The MagneTote™ is a fully portable, all-in-one metal cutting torch system using the Company's advanced cutting fuel made from renewable liquids and waste oils, MagneGas2®. This fuel is safer, cuts almost 40% faster, and is more cost effective than acetylene. The MagneTote™'s lightweight, portable design eliminates the need for long, unwieldy, and unsafe torch hoses. Everything needed to perform the cutting task is in one compact, portable unit. For emergency responders, we believe this can substantially decrease the amount of time needed to set up, time that could be critical to saving a life.
The Pinellas County Fire Department Technical Rescue Teams respond to any incident that requires specialized equipment or skills, including building collapses, trench cave-ins, and industrial accidents. Firefighters selected for a Technical Rescue Team attend specialized skill training and development programs. The Company has been and continues to train these team members in the use of the MagneTote™ system.
Dominic Briganti, Training Coordinator for the Pinellas County Fire Department's Technical Rescue Team stated, "When we respond to an incident, time is often of the essence. MagneGas2® and the MagneTote™ really help us perform our critical tasks effectively, allowing for a more successful outcome. An efficient yet compact cutting tool is paramount to our Rescue teams since truck real estate is our biggest commodity."
About MagneGas Corporation
MagneGas® Corporation (MNGA) owns a patented process that converts various renewables and liquid wastes into MagneGas fuels. These fuels can be used as an alternative to natural gas or for metal cutting. The Company's testing has shown that its metal cutting fuel "MagneGas2®" is faster, cleaner, and more productive than other alternatives on the market. It is also cost effective and safe to use with little changeover costs. The Company currently sells MagneGas2® into the metal working market as a replacement to acetylene.
The Company also sells 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 http://www.MagneGas.com.
The Company distributes MagneGas2® through independent distributors in the U.S and through its wholly owned distributor, Equipment Sales and Service, Inc. (ESSI). ESSI has four locations in Florida and distributes MagneGas2®, industrial gases, and welding supplies. For more information on ESSI, please visit the company's website at http://www.weldingsupplytampa.com
To be added to the MagneGas® investor email list, please email [email protected] with MNGA in the subject line.
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 virgin vegetable oil to produce fuel while it configures its systems to properly process waste within local regulatory requirements.
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.
KCSA Strategic Communications
SOURCE MagneGas Corporation