SOURCE: MagneGas Corp.

MagneGas Corp.

April 06, 2010 09:00 ET

MagneGas Asked to Speak Before UN Commission on Sustainable Development

MagneGas to Present to 53 Member States at UN Headquarters on May 6, 2010

TAMPA, FL--(Marketwire - April 6, 2010) -  MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), a producer of a metal working fuel and natural gas alternative made from liquid waste, announced today that it has been asked to present on the topic of waste management at the 18th session of the United Nations (UN) Commission on Sustainable Development (CSD). The 53 member states of the CSD will assemble at UN headquarters in New York City from May 3 - 14 to discuss 5 high priority topics, one of which is waste management. The Company will introduce its MagneGas™ Technology as an innovative and green liquid waste removal solution on May 6, 2010.

"We are extremely proud to be asked to speak before the UN Commission on Sustainable Development -- there exists no more important audience for our technology," stated MagneGas President Richard Connelly. "If, as anticipated, the leaders from 53 member states favorably receive the MagneGas™ Technology, it could accelerate our international brand development and market penetration. We look forward to communicating the merits of our technology in converting liquid waste to fuel to the UN in May."

This is the Company's second presentation to the UN. In 2007 MagneGas spoke to a delegation of Small Island Developing States (SIDS). The Company was at the time still in early stage development; this pending presentation marks the introduction of MagneGas to the UN as a commercial concern.

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About the CSD (http://www.un.org/esa/dsd/csd/csd_csd18.shtml)
The United Nations Commission on Sustainable Development (CSD) was established by the UN General Assembly in December 1992 to ensure effective follow-up of United Nations Conference on Environment and Development (UNCED), also known as the Earth Summit. The Commission is responsible for reviewing progress in the implementation of Agenda 21 and the Rio Declaration on Environment and Development, as well as providing policy guidance to follow up the Johannesburg Plan of Implementation (JPOI) at the local, national, regional and international levels. The JPOI reaffirmed that the CSD is the high-level forum for sustainable development within the United Nations system.

About MagneGas Corporation (www.magnegas.com)
Founded in 2007, Tampa-based MagneGas Corporation (OTCBB: MNGA) is the producer of MagneGas™, a natural gas alternative and metal working fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow™ process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas™ can be used for metal cutting, cooking, heating or powering bi fuel automobiles.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events 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 safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act. 

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