MagneGas Corporation announced that it has entered into its equipment sale to date with the signature of definitive agreements to manufacture and deliver certain equipment and supplies to a company based in Germany. MagneGas will receive $2.65 million for its proprietary Gasification and Sterilization systems and will supply MagnesGas2® fuel and cylinders. Under the terms of the Agreements, MagneGas will manufacture and deliver: A 300KW stationary Gasification system; A 100KW mobile Sterilization system; 250 cylinders full of MagneGas2; and 50 MagneGas regulators.  A deposit of $25,000 has been received, with progress payments totaling $2.625 million to be paid over the course of the manufacturing and delivery of the various systems.  The first payment of $1.35 million is due in 90 days with progress payments due thereafter with set construction and delivery milestones.  In addition, the German company has indicated an interest in negotiating to purchase several additional systems for multiple markets.