MagneGas Conducts Additional Demonstrations for Fossil Fuel Division of Major Utility

Demonstration for over 40 Representatives from the Fossil Fuel Division of a U.S. Utility view MagneGas® Demonstration and Request Next Steps TAMPA, Fla., July 31, 2015, MNGA, NASDAQ, /PRNewswire/ MagneGas Corporation ( MagneGas or the Company ) (NASDAQ: MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, this week completed metal cutting demonstrations with over 40 representatives from the Fossil Fuel division of a major northeast Utility. The Company believes the demonstrations were successful as they have received multiple requests for fuel as a result of those meetings. The Utility is one of the ten largest in the United States with over $35 billion in assets and large volume use of acetylene. Multiple company officials and representatives from the Fossil Fuel Division of the Utility were in attendance. This particular division is the largest user of acetylene and propane at the Company. The test
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