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MagneGas Initiates Production of New Class of Plasma Arc Through Refineries for High Volume Production of Metal Cutting MagneGas Fuel

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Source: Marketwire

Latest Generation Refinery Features Greatly Enhanced Efficiency and Potential Net Margins

TAMPA, FL -- (Marketwire) -- 07/19/11 -- 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 the completion of all research and development on a new generation of Plasma Arc Through™ ('PAT') Refineries for the local production of the metal cutting MagneGas™ Fuel wherever and whenever desired. For both the Company and clients this could mean a significant reduction in the costs (logistical, insurance and others) associated with the transportation and storage of metal working fuels.

'I am pleased to announce to both our customers and shareholders the completion of all necessary R&D on, and the initiation of regular production of, the new series of European Certified PAT Refineries,' stated Dr. Ruggero Santilli, CEO of MagneGas Corporation and the initiator of the Technology. 'The Refineries are available to our customers with power ranging from 100 kWh to 300 kWh and in various configurations, be they floor mounted or trailer mounted for mobility. These MagneGas™ Refineries are based on our previously announced, fully owned Patent Application on the novel PAT process. This process has distinct advantages over the preceding Plasma Arc Flow™ process, including a significant increase in the volume of MagneGas™ produced for a given power, reducing variable operating costs and thus potentially increasing net margins.'

MagneGas has made available a brochure presenting the new series of PAT Refineries, including production data and purchase prices -- to view the brochure please visit www.magnegas.com/newsandpictures.html.

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 Through™ process gasifies liquid waste, creating a clean burning hydrogen based 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. The Company is currently using new antifreeze, vegetable oil and ethylene glycol to produce fuel until proper permits to process used liquid waste have been obtained.

CONTACT:
Justin K. Davis
Vice President of Domestic Relations
MagneGas Corporation
(727) 934-3448
Email Contact
www.magnegas.com

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