Patent Applications Filed Surrounding the Production of MagneGas from Oils and Biomass, Increased Production Efficiencies and Enhanced Control Systems
TAMPA, Fla., Aug. 24, 2015 -- MagneGas Corporation, www.magnegas.com ("MagneGas" or the "Company") (MNGA) , a technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that it has filed multiple patent applications surrounding its systems, processes and controls. The applications specifically relate to the production of MagneGas2®, the processing of biomass into sterilized fertilizer and other efficiency enhancements. The Company took this step to invest further into its intellectual property protection in response to recent success with the MagneGas2 product introductions and manure process testing.
"The Company has embarked on an aggressive campaign to protect its Intellectual Property. To that end, we have filed multiple patent applications spanning across several MagneGas processes. We recognize the enormous market potential of our products, which has become even more apparent with recent MagneGas2 marquee customer acquisitions. In response we are taking necessary steps to help protect our systems from potential patent infringement for many years to come," stated Ermanno Santilli, CEO of MagneGas.
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About MagneGas Corporation
Founded in 2007, Tampa-based MagneGas® Corporation (MNGA) is a technology company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas® into the metal working market as a replacement to acetylene. It 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 www.MagneGas.com.
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