MagneGas Corp. has it has taken receipt of the final shipment of its purchase order for 2,000 fuel cylinders. This purchase was the result of a growing demand for MagneGas2 which has created a customer backlog, according to the Tampa-based company.

The company says it believes the additional demand is a direct result of its sales penetration into key vertical market segments including utilities, demolition companies, first responder markets and major manufacturing companies. Several existing customers have expanded their use of MagneGas2 into additional facilities. Other large potential customers are currently testing MagneGas2.

"We have begun to see the end result of our strategy which is to grow our gas distribution business through the use of MagneGas2 as a door opener," says Ermanno Santilli, CEO of MagneGas Corp. "We estimate that the industrial gas business grows at approximately a 2 percent rate. However, our industrial gas segment, which not only includes MagneGas2® but welding supplies and other gases, has increased at an almost 20 percent rate."

He continues, "We believe this is a direct result of customers' use of MagneGas2 which we believe is a superior product that leads to further sales of the company's products. We look forward to seeing the impact of these new cylinders on revenue in the coming months as we continue to expand nationwide."