MagneGas Regains NASDAQ Compliance

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Source: MagneGas Corporation

NASDAQ OMX Notifies Company that it has met Minimum Bid Requirement

TAMPA, Fla. -- MagneGas Corporation, www.magnegas.com ('MagneGas' or the 'Company') (NASDAQ: MNGA), a technology company that counts among its inventions a technology that converts liquid waste into a MagneGas® fuel, announced today that on June 1, 2015, it received notice from NASDAQ OMX that it has met the minimum bid price required by NASDAQ Rule 5550(a)(2) to enable it to maintain its NASDAQ listing. The notice states that NASDAQ has closed its review.

The MagneGas IR App is now available for free in Apple's App Store for the iPhone or iPad http://bit.ly/AfLYww and at Google Play http://bit.ly/Km2iyk for Android mobile devices.

To be added to the MagneGas investor email list, please email pcarlson@kcsa.com with MNGA in the subject line.

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.

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