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Taronis Acquires Los Angeles-Based Industrial Gas Distributor
Taronis Acquires Los Angeles-Based Industrial Gas Distributor Taronis Adds $4.5 Million in Annual Revenue, now a Top Five Player in the Two Largest Metal Cutting Fuel Markets in the US TAMPA, Fla., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc. (“Taronis" or “the Company") (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that the Company has completed the acquisition of one of the largest independently owned industrial gas distributors in Los Angeles, CA. The acquired company generates a...
Taronis to Present as a Keynote Speaker at the GreenTech In Shipping G...
Taronis to Present as a Keynote Speaker at the GreenTech In Shipping Global Forum Leading European Forum for Green Port Operations TAMPA, Fla., Feb. 25, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc. (“Taronis" or “the Company") (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that the Scott Mahoney, Chief Executive Officer of Taronis, will be a keynote speaker at the GreenTech In Shipping Global Forum to be held on February 26-27, 2019 in Hamburg, Germany. The forum is a leading green technology...
Taronis Completes Successful Testing of Cyanobacteria Decontamination
Taronis Completes Successful Testing of Cyanobacteria Decontamination Testing Independently Verified By Leading Environmental Testing Organizations TAMPA, FL, Feb. 20, 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 has successfully completed a study using its patented plasma arc technology to effectively kill toxic cyanobacteria and the related toxins produced by the bacteria. The testing involved f...
Taronis Acquires East Texas Industrial Gas Services Business
Taronis Acquires East Texas Industrial Gas Services Business Acquisition Adds Over $1 Million in Highly Profitable Service Revenues TAMPA, Fla, Feb. 19, 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 has completed the acquisition of an industrial gas services business based in East Texas. The acquired company is one of the largest industrial gas infrastructure services businesses in the area, and th...
Taronis to Be Featured in Gasworld Magazine
Taronis to Be Featured in Gasworld Magazine 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 t...
Taronis January 2019 Preliminary Sales Increase 468% Over Same Period ...
Taronis January 2019 Preliminary Sales Increase 468% Over Same Period Last Year TAMPA, Fla., Feb. 13, 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 its preliminary January sales figures. Total sales generated were $1.42 million, which represents a 468% increase as compared to January 2018 sales of $0.25 million. On a proforma basis, including the recent East Texas acquisition for the full month, January sales would have...
Taronis Technologies Announces Pricing of $13.5 Million Underwritten P...
Taronis Technologies Announces Pricing of $13.5 Million Underwritten Public Offering TAMPA, Fla., Feb. 08, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc. (“Taronis" or the "Company") (Nasdaq: MNGA), a clean technology company in the renewable resources and environmental conservation industry, today announced the pricing of an underwritten public offering of 10,800,000 shares of its common stock and warrants to purchase up to 8,100,000 shares of the Company’s common stock. Each share of common stock is being sold together with a warrant to purchase 0.75 shares of common stock at a co...
Taronis Technologies Announces Proposed Public Offering of Common Stoc...
Taronis Technologies Announces Proposed Public Offering of Common Stock, Pre-Funded Warrants and Warrants TAMPA, Fla., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc. (“Taronis") or the "Company") (Nasdaq: MNGA), a clean technology company in the renewable resources and environmental conservation industry, announced today that it intends to offer for sale a combination of shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase shares of its common stock in an underwritten public offering. The Company intends to use...
Corporate Update on Abu Dhabi Sustainability Week
Corporate Update on Abu Dhabi Sustainability Week Meetings Indicate Strong Demand for Water Conservation Technology TAMPA, Fla., Feb. 04, 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, provided a debriefing on the Company’s participation at the Abu Dhabi Sustainability Week. The Company was invited to attend by the Advanced Science and Innovation Company (“ASIC”), a well-respected technology incubator and accelerator based in Abu Dhabi,...
MagneGas Officially Rebranded Taronis Technologies, Inc.
MagneGas Officially Rebranded Taronis Technologies, Inc. New Website and Corporate Presentation Available TAMPA, Fla., Feb. 01, 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, formally announced its corporate rebrand and name change today. The Company is now known as Taronis Technologies, which is derived from “Taranis” the Celtic mythological god of thunder and lighting. This deity is also closely associated with the Celtic wheel, whi...
City of San Diego Adopts MagneGas Metal Cutting Fuel
City of San Diego Adopts MagneGas Metal Cutting Fuel Major New Client Win in Southern California TAMPA, Fla., Jan. 28, 2019 (GLOBE NEWSWIRE) -- 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 the City of San Diego has elected to use MagneGas as its metal cutting fuel of choice, marking the first major city contract for the adoption of our metal cutting fuels. The City of San Diego has historically used acetylene to maintain ...
MagneGas to Host Investor Town Hall Conference Call and Webcast to Unv...
MagneGas to Host Investor Town Hall Conference Call and Webcast to Unveil Corporate Rebrand Conference Call to be held Thursday, January 31, 2019 at 11:00am ET TAMPA, Fla., Jan. 23, 2019 (GLOBE NEWSWIRE) -- MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, today announced it will host a conference call and webcast on Thursday, January 31, 2019 at 11:00am Eastern Time to provide an update on the Company’s business strategy including the transformati...
MagneGas Completes Acquisition of One of the Largest Independent Distr...
MagneGas Completes Acquisition of One of the Largest Independent Distributors in East Texas New Acquisition Adds $3.7 Million in Annualized Sales TAMPA, Fla., Jan. 18, 2019 (GLOBE NEWSWIRE) -- 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 the completion of an acquisition of one of the largest remaining independent industrial gas and welding supply distributors in East Texas. This transaction, priced at $2.5 million, paid in cas...
MagneGas Generates $1.0 Million in Sales for December
MagneGas Generates $1.0 Million in Sales for December Sales Increase of 212% Compared to Prior Year TAMPA, Fla., Jan. 15, 2019 (GLOBE NEWSWIRE) -- 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 the Company generated sales of $1.0 million for the month of December, as compared to $0.32 million in December 2017, representing a 212% increase. The sales growth was primarily a result of MagneGas’ expansion into California, Texas ...
MagneGas Applied Technology Solutions Announces Pricing of $4.3 Millio...
MagneGas Applied Technology Solutions Announces Pricing of $4.3 Million Registered Direct Offering TAMPA, Fla., Jan. 11, 2019 (GLOBE NEWSWIRE) -- MagneGas Applied Technology Solutions, Inc. (Nasdaq: MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, today announced it has entered into a securities purchase agreement with certain accredited institutional investors to purchase approximately $4.3 million of its common stock in a registered direct offering and warrants to purchase its shares of common stock in a concurrent private plac...
MagneGas Generates $1.163 Million in Sales for November
MagneGas Generates $1.163 Million in Sales for November Sales Increase of 287% Compared to Prior Year TAMPA, Fla., Dec. 18, 2018 (GLOBE NEWSWIRE) -- 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 the Company generated sales of $1.163 million for the month of November, as compared to $0.3 million in November 2017, representing a 287% increase. The sales growth was a result of MagneGas’ expansion into California, Texas and Lou...
MagneGas Invited to Attend Abu Dhabi Sustainability Week
MagneGas Invited to Attend Abu Dhabi Sustainability Week Management to Perform Live Product Demonstrations within the Region TAMPA, Fla., Dec. 11, 2018 (GLOBE NEWSWIRE) -- 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 has been invited to attend the Abu Dhabi Sustainability Week (ADSW) conference being held, January 14-17 in Abu Dhabi, United Arab Emirates. Abu Dhabi Sustainability Week (ADSW) is the largest sustainabilit...
Series C Convertible Preferred Financing Effectively Complete
Series C Convertible Preferred Financing Effectively Complete Investor Materially Exhausts Series C Convertible Preferred Instrument TAMPA, Fla., Dec. 03, 2018 (GLOBE NEWSWIRE) -- MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading clean technology company announces that the holder of the Series C Convertible Preferred financing instrument has converted approximately 98% of its holdings to date. The Company had previously announced the closing of a $25 million convertible preferred in June of 2017. This instrument was the primary source o...
- Anne Margaret Crow
MagneGas Applied Technology Solutions - Extending retail platform in G...
MagneGas’s Q318 results show the beneficial impact of the three acquisitions made earlier this year, with revenues trebling to $2.6m. Management continues to pursue this ‘buy-and-build’ strategy, recently completing three small acquisitions that strengthen its retail network in the key Greater Texas region. As management held back on sales recruitment in anticipation of these transactions, organic growth was muted over the summer so we leave our estimates broadly unchanged.
MagneGas Awarded “Most Innovative Sustainability Solutionâ€
MagneGas Awarded “Most Innovative Sustainability Solution” MagneGas Recognized for Innovation at Maritime2020 Asia Summit TAMPA, Fla., Nov. 28, 2018 (GLOBE NEWSWIRE) -- 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 was granted an award as the “Most Innovative Sustainability Solution” at the 2018 Maritime2020 Asia Summit that was held November 27, 2018 in Singapore. Scott Mahoney, Chief Executive Officer of MagneGas, co...
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