Equedia: Equedia Members Focus on MagneGas Corporation

Posted on: Wed, 12 Aug 2009 12:43:00 EDT


Symbols: MNGA
Aug 12, 2009 (M2 PRESSWIRE via COMTEX) --
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Today August 12, 2009 Equedia's members focuses on MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), a producer of a metal working fuel and natural gas alternative made from liquid waste, after they announced today that it has secured additional access to the $680 million(1) metal working fuel market through a fuel distribution agreement with Pennsylvania-based York Welding Supply ("York"), its second such agreement in just the last 60 days (click here to read about the first).

York will immediately begin selling MagneGas, created from non-hazardous liquid waste, to their Pennsylvania customers through their office in York and to a territory that also includes Harrisburg, Lancaster and Reading. MagneGas exceeds all EPA air emission requirements and is a new green fuel technology for this market. York will submit purchase orders based on customer demand and sufficient to maintain inventory at its distribution center; York has already placed its first small order as its initial entry into the market.

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