TAMPA, Fla. -- MagneGas Corporation ('MagneGas' or the 'Company') (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into a MagneGas fuel, announced today gas production has restarted on a limited basis. MagneGas has upgraded several design elements to its gasification units, related equipment and procedures.
'Today I am pleased to announce the re-start of gasification and the ramp up of MagneGas 2 production,' commented Ermanno Santilli, CEO of MagneGas Corp. 'Our team has been working very hard to re-start gas production and used this period to upgrade designs, equipment and safety procedures.'
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About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas into the metal working market as a replacement to acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for MagneGas fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. For more information on MagneGas, please visit the Company's website at www.MagneGas.com.