Premier Industry Journal to Highlight Corporate Growth and Rebranding
TAMPA, Fla., Feb. 14, 2019 (GLOBE NEWSWIRE) — Taronis Technologies, Inc. (“Taronis” or “the Company”) (NASDAQ: MNGA), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that the Company will be featured in the March issue of Gasworld Magazine, a leading industrial gas trade publication with more than 45,000 global subscribers.
“We are honored to have the opportunity to share our corporate message with the Gasworld community,” commented Scott Mahoney, Chief Executive Officer of Taronis Technology. “This is the premier industry trade publication for the global industrial gas community. For such a reputable publication to reach out to us, and want to profile not only our rebrand, but to also learn more about our rapid expansion in the most important industrial gas markets in the US is an incredible platform for our Company.”
Mr. Mahoney continued, “We have made seven acquisitions in the past 13 months, and this has driven our sales growth to almost 500% in one year. We recently completed a critical financing that facilitates an expansion our MagneGas production capabilities in Texas and California in 2019 to serve our approximately 30,000 clients. Our new found liquidity should enable us to accelerate growth and continue to attract industry attention for years to come.”
To learn more about Gasworld, please see the following link:
https://www.gasworld.com/gasworld/about-us
About Taronis Technologies, Inc.
Taronis Technologies, Inc. (MNGA) owns a patented plasma arc technology that enables two end use applications for fuel generation and water decontamination. The Company’s fuel technology enables a wide use of hydrocarbon based waste streams to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene.
The Company distributes its proprietary metal cutting fuel through Independent Distributors in the U.S and through its wholly owned distributors: ESSI, Green Arc Supply, Paris Oxygen, Latex Welding Supplies, Tyler Welders Supply, United Welding Supplies, Trico Welding Supply and Complete Welding of San Diego. The Company operates 17 locations across California, Texas, Louisiana, and Florida.
The Company also owns a patented technology for the decontamination of waste water. This technology is proven to sterilize water, eradicating all pathogens. This technology also eliminates pharmaceutical contaminants such as antibiotics, hormones and other soluble drugs suspended in the contaminated water. Lastly, this process is capable of reducing or eliminating other contaminants, such as harmful metals, as well as nitrogen, phosphorus, and potassium levels that trigger toxic algae blooms. This technology has prospective commercial applications in the agricultural, pharmaceutical, and municipal waste markets. For more information on Taronis, please visit the Company’s website at http://www.TaronisTech.com.
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.
Investor Contacts:
Andrew Gibson
Edison Group
[email protected]
