SOURCE: MagneGas Corp.

MagneGas Corp.

August 12, 2009 07:00 ET

MagneGas Expands Fuel Distribution Channel With Second Sales Agreement

TAMPA, FL--(Marketwire - August 12, 2009) - 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 secured additional access to the $680 million(1) metal working fuel market through a fuel distribution agreement with Pennsylvania-based York Welding Supply ("York"), its second such agreement in just the last 60 days (click here to read about the first).

York will immediately begin selling MagneGas™, created from non-hazardous liquid waste, to their Pennsylvania customers through their office in York and to a territory that also includes Harrisburg, Lancaster and Reading. MagneGas™ exceeds all EPA air emission requirements and is a new green fuel technology for this market. York will submit purchase orders based on customer demand and sufficient to maintain inventory at its distribution center; York has already placed its first small order as its initial entry into the market.

"We are very pleased to continue our fuel sales efforts with a distributor like York," stated MagneGas President Richard Connelly. "Founded in 1974, York has deep roots in the Pennsylvania market, and the expertise to most effectively introduce a product like MagneGas™. To sell fuel for the first time out of our home state of Florida we very carefully measured all potential partners, looking for that firm who could most immediately provide us credibility and sell-through in a critical market. We believe we have found that in York Welding Supply.

"Pennsylvania ranks third in the U.S. in consumption of welding products and processes, and thus is an ideal market and a potential catalyst for future MagneGas growth. We believe this agreement will create for us brand recognition within this key state, and serve as a foundation from which to expand to the entire Northeast."

"I believe the sales and distribution of MagneGas™ will highlight York Welding Supply's desire to be on the cutting edge of green gas technology," stated Dean Whittmer, York VP of Sales and Marketing. "MagneGas™ will be offered to our entire customer base and it will also be used to gain an advantage over our competition. York Welding Supply plans to bring this gas to market in all facets of the Metal Working arena and is proud to be the first distributor of MagneGas™ in Pennsylvania."

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(1)Source: Company estimate

About MagneGas Corporation

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 working, cooking, heating or powering bi fuel automobiles.


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