MagneGas Strategic Direction Detailed in mergermarket Feature Article

TAMPA, FL, Jul 30 (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 been featured in the global
industry resource mergermarket (www.mergermarket.com). mergermarket is a
resource for M&A and deal flow intelligence. To read the article, click
here.

As excerpted from the article,

"At a time when green technology is a hot topic, [MagneGas] is seeing
ample interest from potential customers and partners.

"The company's fuel has many potential applications, but the initial focus
in the US is for welding and metal working...The Company reports the metal
working fuel market to be worth an estimated USD 680m annually. Its latest
success in the market is a fuel distribution agreement with Florida-based
Crumpton Welding Supply, announced in June.

"MagneGas looks to build revenue through fuel sales in the US and sales of
equipment -- portable refineries with which users can process their own
fuel -- in international markets, the executives said."

If you cannot access the article from the links above, please copy and
paste the following URL into a new browser window:
http://www.cirrusfc.com/mnga_mergermarket_071709.pdf.

About mergermarket

mergermarket (www.mergermarket.com) is an independent M&A intelligence
service. Unlike any other service of its kind, mergermarket specializes in
providing forward-looking origination and deal flow opportunities
integrated with a comprehensive deals database -- resulting in real
revenues for clients.

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.

CONTACT:

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

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