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MagneGas Featured on Money Channel Radio Show

MagneGas CEO Ermanno Santilli speaks with host Steve Crowley

TAMPA, Fla., Jan. 14, 2013 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), the developer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, announced today that the Company was featured on the Money Channel Radio Show on Wednesday, January 9th, 2013. In the interview, Chief Executive Officer Ermanno Santilli discussed the Magnegas technology and target markets.

The Money Channel Radio Show is hosted by American Scene Radio Networks editor and ABC's Good Morning America veteran Steve Crowley. Money Channel broadcasts from the Miami/Ft. Lauderdale area and reaches over 3,000,000 listeners on their three hour daily broadcasts.

You can listen to Mr. Santilli's interview by going to the following link, http://bit.ly/ZR4Gdg.

The MagneGas IR App is now available for free in Apple's App Store for the iPhone or iPad http://bit.ly/AfLYww and at Google Play http://bit.ly/Km2iyk for Android mobile devices.

To be added to the MagneGas investor email list, please email [email protected] with MNGA in the subject line.

About MagneGas Corporation

Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is the producer of MagneGasa, a natural gas alternative and metal working fuel that can be made from certain industrial, municipal, agricultural and military liquid wastes following the receipt of appropriate governmental permits.

The Company's patented Plasma Arc Flowa process gasifies liquid waste, creating a clean burning hydrogen based fuel that is essentially interchangeable with natural gas. MagneGasa can be used for metal working, cooking, heating, powering bi fuel automobiles and more. For more information on MagneGas, please visit the Company's website at www.magnegas.com.

About American Scene Radio

"We own and produce one of the most successful, national, financial talk-radio programs in America. "Steve Crowley's American Scene" was launched from the Disney/MGM Radio Studios at Walt Disney World in June 1990 and attracts a larger and larger radio audience each month coast to coast.

Today we bring in 3,000,000 listeners per day on broadcast radio through our American Scene Radio Network, plus our huge listening audience on the Internet worldwide, along with I-Tunes Radio as well. This is the primary destination for Steve Crowley's insights and advice in the financial world, plus Steve interviews all the top experts, analysts, money managers and authors covering stocks, investments, business and more."

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These statements relate to future events, including our ability to raise capital, 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 Company is currently using new ethylene glycol to produce fuel until proper permits to process used liquid waste have been obtained.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

SOURCE MagneGas Corporation

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