SOURCE: MagneGas Corp.

MagneGas Corp.

May 25, 2010 09:00 ET

MagneGas Provides Middle East Update -- Fuel Shipment Now in Transit to Dubai

Infrastructure Already in Place for Rapid Market Introduction and Rollout

TAMPA, FL--(Marketwire - May 25, 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 achieved a milestone by initiating the shipment of its first international sale of MagneGas™. The Company previously received payment for 294 cylinders of the MagneGas™ fuel from United Arab Emirates ("UAE")-based United Gas Company ("UNIGAS"). The Company has now fulfilled its initial obligation to UNIGAS, and enabled the introduction of MagneGas™ to the fabrication-rich Middle Eastern market.

UNIGAS intends to immediately market the fuel to its existing high-volume acetylene and propane clients in the UAE, maximizing early exposure by converting market influencers to MagneGas™ fuel. As its first step, UNIGAS has targeted select shipyards whose combined annual acetylene purchase volume exceeds 65,000 cylinders (200 cubic foot each). MagneGas™ fuel performs as effectively as acetylene, but is less expensive and burns dramatically cleaner.

UNIGAS has secured the rights to be the distributor of MagneGas™ for the region, and will source product from MagneGas in the near term. Longer term, UNIGAS has expressed interest in purchasing equipment from the Company and producing fuel locally.

"With this shipment we have accomplished two key objectives," stated MagneGas President Richard Connelly. "First, the obvious -- we successfully delivered on the terms of our first international fuel sale in MagneGas history, creating a marketable track record for all future business development.

"The second objective was no less important -- through this we gained first-hand experience in filling and shipping large fuel orders to overseas clients, a very logistically complex process. We have now defined, tested and implemented an efficient fulfillment system that will expedite future orders and make best use of available resources. With this one shipment we have proven our sales and operational capabilities -- and established a brand footprint in the potentially lucrative Middle East."

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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 cutting, cooking, heating or powering bi fuel automobiles.


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