SOURCE: MagneGas Corp.

MagneGas Corp.

March 15, 2011 11:06 ET

MagneGas Introduced to Thousands at Renewable Energy World Conference

TAMPA, FL--(Marketwire - March 15, 2011) - 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 exhibited at last week's Renewable Energy World Conference & Expo in Tampa, Florida. The conference (www.renewableenergyworld-events.com) is a leading event in the industry, each year connecting thousands of renewable energy professionals with hundreds of cutting-edge companies. The 2010 event in Austin, Texas hosted more than 4,000 attendees and 250 exhibiting companies. To read a feature article on last year's event, visit http://bit.ly/hieyTO.

"Consistent with our commitment to maximizing exposure for the MagneGas Technology™, we introduced our fuel production and waste management capabilities at last week's Renewable Energy World Conference," stated MagneGas President Scott Wainwright. "The Technology was very well-received, and we established productive relationships with dozens of potential customers, suppliers and strategic partners. This is the first of many such conferences we will be attending throughout the country; we will announce each in advance and we look forward to meeting our shareholders in person at each stop."

To be added to the MagneGas investor email list, please email justin.davis@magnegas.com with MNGA in the subject line.

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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.

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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