Monday, March 30, 2009

MagneGas Corp. (MNGA.OB) Opens Equipment Sales Channel with First Manufacturer’s Rep Agreement

MagneGas Corporation, a producer of a metal cutting fuel and natural gas alternative made from liquid waste, announced before the opening bell that it has signed its first manufacturer’s rep agreement. The agreement with Pennsylvania-based George KELSO Company, LLC (”KELSO”) immediately opens an equipment sales channel to much of the Mid-Atlantic Region, including southern New Jersey, eastern Pennsylvania, Maryland, Delaware, Washington D.C. and its five surrounding counties.

KELSO will now be selling all base equipment, peripherals and by-products associated with the MagneGas Plasma Arc Flow(TM) technology to municipalities and other industrial end users such as manufacturing companies. The first objective of the KELSO campaign will be to establish a demonstration center at a sewage treatment facility converting sewage into MagneGas(TM) fuel.

“No technology, even the most innovative and timely, will sell itself — an evolutionary product needs a champion with an established presence, loyal customers and industry expertise. We have aligned ourselves with precisely that in the KELSO Company,” stated MagneGas President Richard Connelly. “With a 61-year operating history and over 30 years in the municipal wastewater area, KELSO is tailor made for the introduction and sell-through of the MagneGas(TM) Technology. Their territory is among the most densely populated in the country, and therefore in dire need of recycling liquid waste while producing a clean burning American fuel. We have strategically selected an introductory market with high potential demand, and a sales partner that has an established track record and proven results.”

KELSO CEO Joe Voss commented, “Being a manufacturer’s representative, the George KELSO Company, LLC has brought many new products and systems to market. We are constantly looking for new and innovative ways to satisfy our customers’ needs. We see the MagneGas waste-to-energy Plasma Arc Flow(TM) technology as a groundbreaking product with tremendous customer benefits. It has been a long time since we have seen such a leap forward in technology and we are extremely energized about the market potential for such a revolutionary system.”

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