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Tuesday, 10/14/2008 2:51:45 PM

Tuesday, October 14, 2008 2:51:45 PM

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Magnegas Corporation Announces Management Changes
07/8/2008

On July 3, 2008, Mr. Bo Linton resigned as the Magnegas Corporation's President, and a member of the Board of Directors. The resignation was not a result of any disagreement with the Company on any matter relating to its operation, policies or practices. On July 3, 2008, the Board of Directors appointed Mr. Richard Connelly as the Company's President. Mr. Connelly served as President and Chief Executive Officer of Connelly and Becker Inc. from 2001 through 2007.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=30004292

http://finance.yahoo.com/q?s=MNGA.OB