EXHIBIT 32.1: CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO 18 U.S.C.
   1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

      In connection with the accompanying Quarterly report on Form 10-Q of
Magna-Lab, Inc. for the quarter and six months ended August 31, 2008, the
undersigned hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of my
knowledge and belief, that:

            (1)   such Quarterly report on Form 10-Q for the quarter and six
                  months ended August 31, 2008 fully complies with the
                  requirements of Section 13(a) or 15(d) of the Securities
                  Exchange Act of 1934; and

            (2)   the information contained in such Quarterly report on Form
                  10-Q for the quarter and six months ended August 31, 2008
                  fairly presents, in all material respects, the financial
                  condition and results of operations of Magna-Lab, Inc.


   October 17, 2008               /s/ Lawrence A. Minkoff
                                  ----------------------------------------------
                                  Name: Lawrence A. Minkoff
                                  Title: President (principal executive officer)