TAMPA, Fla., Jan. 13, 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, announced today the appointment of Ambassador Jack Brewer to the Company's Advisory Board. MagneGas has established an Advisory Board to provide market specific guidance and occasional hands on assistance with specific strategic opportunities. Given Ambassador Brewer's established global relationships combined with his experience spanning over a decade of successful development programs in numerous countries, he will play an ongoing, active role in helping facilitate strategic partnerships, government relations, sales efforts and overall global expansion of MagneGas.
As a United Nations Ambassador, as well as an advisor to numerous multinational corporations in various industries and an active member on several reputable international boards, the addition of Ambassador Brewer to the MagneGas team will bring strategic connections and innovative expansion opportunities. His focus will be to enhance awareness of MagneGas' clean technologies and waste management capabilities throughout the global marketplace. By utilizing his resources and leveraging his network of some of the world's premier institutions, Ambassador Brewer will help provide MagneGas with global access previously unavailable to the Company.
After retiring from a successful career in the National Football League (NFL), Ambassador Brewer founded The Brewer Group Companies (TBG) to provide investment advisory and global business development services to clients spanning the globe. Through TBG, Ambassador Brewer also takes pride in identifying companies whose goal is to make a social impact on the communities in which they serve.
"MagneGas is the ideal type of company for me to partner with as we continue to expand our sustainable technology and agriculture pursuits in my ongoing quest to provide innovative technologies to developing countries throughout the world," commented Ambassador Jack Brewer, CEO of The Brewer Group, Inc. "I strongly believe in MagneGas and am honored to contribute hands-on in their continued growth by joining their advisory board and working alongside their team to uphold our mission of 'A Global Vision with a Social Focus."
To be added to the MagneGas investor email list, please email [email protected] with MNGA in the subject line.
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 Ambassador Jack Brewer
Ambassador Jack Brewer is CEO of The Brewer Group, Inc. (TBG), an industry agnostic holding company with assets ranging numerous sectors. Through TBG's multi-faceted subsidiaries, Brewer Capital Management and Brewer + Associates Consulting, Amb. Brewer provides investment advisory and business development services to clients spanning the globe. He is a former NFL player, received his master's degree in sports management from the University of Minnesota, and completed executive business programs at Harvard Business School and The Wharton School of Business. He serves as Founder of The Jack Brewer Foundation (JBF Worldwide), as an Ambassador at the United Nations and served as a Senior Advisor to Former President Dr. Joyce Banda of Malawi. Amb. Brewer is an expert in sports finance and global economic development, and is a regular CNBC and American City Business Journals contributor. Twitter @JackBrewerBSI. For further information, please visit www.thebrewergroup.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.
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