$MNGA News - Major U.S. Utility Expands MagneGas into Multiple Locations #Magnegas #MNGA

Utility to use MagneGas Fuel for Steel Refurbishment and Repair - TAMPA, Florida, - (http://www.financialnewsmedia.com News Alert) - MagneGas Corporation (NASDAQ: MNGA) (\"MagneGas\" or the \"Company\") a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas2 fuel, announced today that a major utility company that has been using MagneGas2 fuel for metal cutting, is expanding use of the fuel into multiple locations.



As one of the largest electric holding companies in the United States, safety and productivity are of paramount importance. The utility has been undergoing a training and rollout program with MagneGas2 for several months at one facility and now wishes to expand the use of MagneGas2 into another two facilities. The second facility has placed their initial order and the third facility plans to begin the use of MagneGas in the next 90 days as supply is available.



This utility company, as is required in the industry, each year shuts down its facility and replaces, repairs and/or refurbishes much of its steel and other parts made from various metals. In addition to its increased cutting speed and its ecofriendly attributes, MagneGas2 has proven itself to be an efficient and cost saving way for this utility to limit the amount of down time required.



\"MagneGas continues to execute on its strategy of laying the ground work for future growth by establishing relationships with large marquee customers. As we bring additional MagneGas fuel production facilities online, we anticipate the opportunity to further expand, as most of our marquee customers have multiple locations. We hear time and again that we are the fastest product on the market. This is just another of many examples that validate our performance,\" stated Ermanno Santilli, CEO of MagneGas Corporation.



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