MagneGas Presents to Large Organization of US Power CompaniesMagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that includes among its inventions the patented process that converts liquid waste into a hydrogen-based fuel, has been invited to present to National Power Companies at the EUCG conference on Tuesday, April 14, 2015.
The EUCG organization shares best practices in costs saving, productivity improvement and safety. MagneGas was specifically invited to present its innovative cutting fuel as a replacement to acetylene which poses significantly safety risks to users due to its inherently unstable chemical composition. The EUCG is committed to sponsoring and offering services and products that will increase efficiency and provide information to take its members successfully into the next generation of technology. MagneGas is already providing cutting fuel to one of the largest utility companies in the United States and hopes to expand upon that customer base through this conference.
"We at MagneGas are proud to be invited to present MagneGas 2® at this EUCG meeting," stated Ermanno Santilli, CEO of MagneGas. "We believe acetylene users have become increasingly concerned by the inherent dangers of acetylene cutting fuel and this has resulted in MagneGas 2® gaining market recognition for safety and productivity versus this legacy fuel."