MagneGas Invited to Attend Abu Dhabi Sustainability Week
11 Dezembro 2018 - 11:00AM
Management to Perform Live Product
Demonstrations within the Region
MagneGas Applied Technology Solutions, Inc.
("MagneGas" or the "Company") (NASDAQ: MNGA), a
leading clean technology company in the renewable resources and
environmental solutions industries, announced today that it has
been invited to attend the Abu Dhabi Sustainability Week (ADSW)
conference being held, January 14-17 in Abu Dhabi, United Arab
Emirates. Abu Dhabi Sustainability Week (ADSW) is the largest
sustainability gathering in the Middle East, held annually each
January.
The event is dedicated to furthering our
understanding of the major social, economic and environmental
trends shaping the world’s sustainable development, and to
empowering the global community to realize viable and effective
strategies to mitigate climate change and address the energy and
sustainability challenges of the future.
Scott Mahoney, Chief Executive Officer of
MagneGas, commented, “We’re very much looking forward to attending
this significant industry gathering. We’ll be promoting MagneGas
technology solutions including highlighting the benefits of our
metal cutting fuel and the work we’ve done in sterilization and
waste-to-energy solutions. The Middle East is a large potential
market for us and we’re excited to explore how MagneGas can work
with partners to benefit the region.”
In addition to attending the conference,
MagneGas management will be performing live demonstrations of
MagneGas2® to prospective business partners in the region. If you
are an investor interested in meeting with MagneGas during the
event, please contact MagneGas investor relations at
tpatel@edisongroup.com.
About MagneGas Applied Technology
Solutions, Inc. MagneGas Applied Technology Solutions,
Inc. (MNGA) owns a patented process that converts various
renewables and liquid wastes into MagneGas® fuels. These fuels can
be used as an alternative to natural gas or for metal cutting. The
Company's testing has shown that its metal cutting fuel
“MagneGas2®” is faster, cleaner and more productive than other
alternatives on the market. It is also cost effective and safe to
use with little changeover costs. The Company currently sells
MagneGas2® into the metal working market as a replacement to
acetylene.
The Company also sells 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
http://www.MagneGas.com.
The Company distributes MagneGas2® through
Independent Distributors in the U.S and through its wholly owned
distributors, ESSI, Green Arc Supply, Paris Oxygen, Latex Welding
Supplies, United Welding Supplies, Trico Welding Supply and
Complete Welding of San Diego. The Company operates 13 locations
across California, Texas, Louisiana, and Florida.
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.
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.
Investor Contacts:Tirth PatelEdison AdvisorsT:
646-653-7035tpatel@edisongroup.com
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