Sep 26 2013
MagneGas Corporation ("MagneGas" or the "Company"), the developer of a technology that converts liquid waste into a hydrogen-based fuel, announced today that Lake Welding Supplies, Inc. ("Lake Welding") from Belle Glade, Florida has signed as a distributor selling MagneGas™ fuel to the Southern region of Florida. Lake Welding will be sourcing the fuel from MagneGas headquarters in Florida for the entire Southern region.
"Joining forces with Lake Welding allows MagneGas to expand our reach covering a large region in the south," stated Bryan George, Senior Vice President Sales & Distributor Relations for MagneGas. "We are excited about the growth potential with this new relationship, and look forward to a steady increase in new customers in the region."
"This new partnership will help give us the advantage over our competitors by bringing a superior product to the area that only we can supply," stated David Rimes Sr., owner of Lake Welding. "Staying on the front line for new products to supply to our customers is a large priority for us, and with the benefits that MagneGas brings this is the perfect fit."
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 Lake Welding Supplies Inc.
Lake Welding Supplies, Inc. has been a family owned and operated business since 1969. Since its inception, customer service has been their focus. The ability to service customers with quality products at competitive prices has assisted them in becoming the premier supplier in Southeast Florida. Visit Lake Welding Supplies website www.lakeweldingsupplies.com.
About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is the producer of MagneGas™, 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 Flow™ process gasifies liquid waste, creating a clean burning hydrogen based fuel that is essentially interchangeable with natural gas. MagneGas 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.