TAMPA, Fla. -- MagneGas Corporation ('MagneGas' or the 'Company') (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today that it has completed construction of its latest Venturi™ sterilization system which has been deployed to a major hog farm in Indiana.
The sterilization system is expected to process hog manure resulting in a high quality, low-odor fertilizer that the Company believes can be safely used on crops. In addition, MagneGas® fuel will be produced as a byproduct that can be co-fired with propane or natural gas to reduce other fuel needs. Following a successful demonstration, the Indiana farm owner has indicated to the Company that he plans to purchase the system to use for his manure sterilization needs and partner with MagneGas to launch the market for the use of MagneGas systems in the agricultural industry world-wide.
MagneGas corp and its partners have demonstrated that a wide variety of liquids wastes can be sterilized such as blood, sewage, manures, leachates and a variety of sludges. As recently as July 2014 MagneGas corp confirmed that it meets EPA 503.32 by sterilizing hog manures taking coliform bacteria counts to 'Undetectable Levels'. The company believes meeting this rule transforms this Class B Manure into Class A suitable for land application and in some cases fertilization.
'I am excited that MagneGas has achieved this significant milestone. Having the ability to test our new high flow Venturi system in a real world environment with such a highly respected stakeholder in the agricultural industry speaks volumes as to how far we have come as a company,' commented Ermanno Santilli, CEO of MagneGas. 'We are looking forward to working with such a cutting edge farm on a system that we believe will change the way the world looks at liquid wastes.'
The 100kW Mobile Venturi™ unit without MagneGas insignia at request of the customer:
About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas® into the metal working market as a replacement to acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for MagneGas¨ fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. For more information on MagneGas®, please visit the Company's website at www.MagneGas.com.