Magnegas Announces Second Usda Demonstration Day

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The following excerpt is from the company's SEC filing.



TAMPA,

FL – October 23, 2018 — 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 is holding its second United States Department of Agriculture (USDA)-funded sterilization demonstration day on Tuesday,

October 23



. MagneGas will conduct its second Demonstration Day of the MagneGas 50 KW sterilization unit under the

USDA Conservation Innovation Grant (CIG) at the Lake Branch Dairy Farm located outside of Bowling Green, FL.< br>

MagneGas

is currently nearing completion of Phase 2 testing of the 4-phase USDA CIG project. The demonstration will include a tour of the

system, a presentation on the highlights of the changes made to the system based on Phase 1 lessons learned, and present preliminary

results and analysis of the Phase 2 testing.



“Our

USDA grant-funded sterilization project is making excellent progress,” commented Ermanno Santilli, Chief Executive Officer

of MagneGas. “We have learned a great deal from our initial phase of our project, and we leveraged our findings to refine

our scope of work in Phase II.”



Santilli

continued, “We are very excited to release our findings on our demonstrated impact on high levels of nitrogen (N), phosphorus

(P) and potassium (K), also known as the NPK value, which is closely linked to the life threatening blue green algae blooms. We

are also looking forward to releasing data on our sterilization efficacy for animal waste solids, as we see this as a potentially

scalable path to selling the solids into the global fertilizer industry.”



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, Trico Welding Supply and Complete Welding of San Diego. ESSI has 4 locations in Florida,

Green Arc and Paris Oxygen have 3 locations in Texas and one location in Louisiana, Trico has two locations in northern California,

and Complete Welding has one location in southern California.



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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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