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MagneGas wins at Clean Tech awards

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Hydrocarbon Engineering,

MagneGas Corporation (MagneGas or the Company), a leading technology company has been named The New Economy's overall winner of the Best Alternative Fuel Solutions 2015 award category.This award recognises MagneGas for its success in using the patented Plasma-Arc Gasification to provide a clean, safe, and efficient fuel that prioritises a lower rate of CO2 emissions, waste management, resource preservation, and more. The 2015 New Economy Award winners across all categories include: ConocoPhillips, Apple, ValPak and Sky Solar.

The Clean Tech Awards are presented by The New Economy (TNE), a quarterly publication whose goal is to stimulate financial investment and encourage discussion and debate of appropriate strategies for the promotion of global economic growth. MagneGas is featured as an award winner in the TNE winter digital and print publication with worldwide distribution.

Since the inception of the Clean Tech Awards in 2011, The New Economy has typically awarded industry leading companies who are pioneers in disrupting global industries, creating viable business models for the marketplace, solving environmental challenges and furthering economic development. Previous Clean Tech Award Winners include Chevrolet, Google, General Electric Company, Carnival Corporation, and more.

"We are honoured to be gifted such a prestigious award from The New Economy," said MagneGas CEO, Ermanno Santilli. "It's gratifying to see that our innovative Plasma-Arc Gasification is being recognised for the incredible potential it has for making the world a better place."

There was no charge to MagneGas for the Award Nomination or Selection. After the Award was determined and presented, MagneGas elected to publish paid advertising in the New Economy publication at a cost of US$24 863.

Adapted from press release by Francesca Brindle

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