SOURCE: MagneGas Corp.

MagneGas Corp.

December 01, 2010 09:00 ET

MagneGas Announces New Gas Refinery Complete and All Internal Tests Successful

New Generation Design Demonstrates Significantly Increased Efficiency and Gas Output

TAMPA, FL--(Marketwire - December 1, 2010) - MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), the producer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that it has completed the manufacture and internal testing of its new fuel-producing MagneGas™ Refinery. These tests empirically demonstrate that the new design significantly enhances production efficiency, and can result in gas volumes at least double those of previous designs. To view photos of the new Refinery, visit http://url4t.com/OS6.

"We are extremely pleased to announce the production launch of our latest generation refinery," stated MagneGas President Richard Connelly. "With this new design we can produce approximately twice as much fuel with no increase in energy consumption. We also have increased electrode stability, reducing replacement frequency and cutting operating costs. Finally, through recent process improvements we were able to bring the new Refinery on line 30 days earlier than anticipated. This new generation is in regular production and sale and meets full European Certification."

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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 that can be made from 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 fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas™ can be used for metal working, cooking, heating, powering bi fuel automobiles and more.

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