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US Navy Purchases MagneGas 2 Cutting Fuel Derived from Liquid Waste

MagneGas Corporation ("MagneGas" or the "Company"), a technology company that counts among its inventions a patented process that converts liquid waste into a MagneGas Fuel, announced today that following a specific request from the US Navy, it has successfully completed a demonstration using its MagneGas2® cutting fuel at a designated US Navy facility.

Following an initial demonstration, the US Navy contacted MagneGas and purchased their first order of MagneGas 2. Subsequently MagneGas was invited to perform a two-day "hands-on" demonstration and testing session that concluded on May 12th.

In various customer and independent tests, MagneGas2® has repeatedly been lauded for it's ability to cut faster than acetylene as well as for its overall safety advantages due to its lighter than air characteristics, reduced slag and reduced oxygen consumption. This particular US Navy facility is interested in improving productivity and discussions with them have been on-going for several months regarding demonstrating MagneGas 2 to their team.

While at the US Navy yard, the MagneGas team performed "head to head" travel speed demonstrations against acetylene and achieved a 100% faster cutting speed on 2" plate using a track torch. The demonstration showed that the use of MagneGas 2 would dramatically increase the productivity of their cutting operation resulting in a verbal commitment to purchase additional MagneGas. MagneGas has already been invited back to demonstrate to the demolition function of this particular yard that is a completely new opportunity within the US Navy.

"We are proud to see solid progress in our penetration of the important armed forces markets through our initial order from the US Navy," commented Ermanno Santilli CEO of MagneGas Corp. "Providing hands-on testing, training and demonstrations underscores this US Navy facility's interest in improving productivity. The opportunity to help the US Navy turn ships around faster so that our Armed Forces can protect US interests around the globe makes the whole MagneGas team very proud."

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 [email protected] with MNGA in the subject line.

Source: http://magnegas.com/

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