MagneGas Secures Agreement to Begin Commercial Sale of MagneGas(TM) Fuel

TAMPA, FL, Jun 16 (MARKET WIRE) --
MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), a
producer of a metal cutting fuel and natural gas alternative made from
liquid waste, announced today that it has begun inroads into the $680
million metal cutting fuel market through a fuel distribution agreement
with Florida-based Crumpton Welding Supply ("Crumpton").

Crumpton will immediately begin selling MagneGas(TM), created from
non-hazardous liquid waste, to their 4,500 customers through their offices
in Tampa, St. Petersburg, Auburndale and Port Charlotte. MagneGas(TM)
exceeds all EPA air emission requirements and is a new green fuel
technology for this market. Crumpton will submit purchase orders based on
customer demand and sufficient to maintain inventory at each if its four
distribution centers; it has already placed its first order to begin
MagneGas(TM) market introduction.

"We are very pleased to begin our efforts into the $680 million(1) metal
cutting and welding fuel market with a distributor like Crumpton," stated
MagneGas President Richard Connelly. "A family-owned business celebrating
its 49th year, they pride themselves on their industry expertise and are
committed to promoting new green technologies. We feel it is the perfect
firm to introduce to established customers an innovative green product
like MagneGas(TM)."

"On the strength of these merits we will take a very active approach to
educating and converting Crumpton's existing 4,500 customers. MagneGas
will partner with Crumpton's inside sales team to personally demonstrate
the value of our product to each customer, and we will attend each
Crumpton Open House to further cement our presence. We are confident that
we can make immediate progress in this market, and using this as a test
case we can stage a roll-out of learned best practices to the national
metal cutting market."

Charlie Crumpton, President of Crumpton Welding Supply, stated, "By
including MagneGas(TM) in our portfolio we are now able to offer our
clients and our expanding customer base a true green gas technology that
we have never seen before in the welding gas arena. We look forward to
increased sales results by promoting the benefits of this technology to
our entire marketplace."

This is the fifth potential revenue channel MagneGas has opened in the
last 90 days. It also previously announced:

-- The receipt of a $1.2 MM purchase order and launch of the Philippines
and Vietnam markets
-- The acquisition of rights to MagneGas(TM) Technology in Israel
-- The acquisition of rights to MagneGas(TM) Technology in India,
Pakistan and neighboring countries
-- An equipment sales agreement across much of the U.S. Mid-Atlantic
region

To be added to the MagneGas investor email list, please email
justin.davis@cirrusfc.com with MNGA in the subject line.

About MagneGas Corporation

Founded in 2007, Tampa-based MagneGas Corporation (OTCBB: MNGA) is the
producer of MagneGas(TM), a natural gas alternative and metal cutting fuel
made from liquid waste such as sewage, sludge, manure and certain
industrial and oil based liquid wastes. The Company's patented Plasma Arc
Flow(TM) process gasifies liquid waste, creating a clean burning fuel that
is essentially interchangeable with natural gas, but with lower green
house gas emissions. MagneGas(TM) can be used for metal cutting, cooking,
heating or powering bi fuel automobiles.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements.
These statements relate to future events or to our future financial
performance, and involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements. You should not place undue
reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors which are, in some cases,
beyond our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements. Any
forward-looking statement reflects our current views with respect to
future events and is subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations, growth
strategy and liquidity. We assume no obligation to publicly update or
revise these forward-looking statements for any reason, or to update the
reasons actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. The safe harbor for forward-looking statements
contained in the Securities Litigation Reform Act of 1995 protects
companies from liability for their forward-looking statements if they
comply with the requirements of the Act.

(1) Source: Company estimate

CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(866) 330-MNGA (6642)
Email Contact
www.cirrusfc.com

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