SOURCE: Megola Inc.

October 30, 2007 09:00 ET

Megola Initiates Aquatic Toxicity Testing for Hartindo AF31

CORUNNA, ON--(Marketwire - October 30, 2007) - Megola Inc. (PINKSHEETS: MGOA), a leading environmental solution provider, is pleased to announce that it has initiated aquatic toxicity testing for Hartindo AF31 at Pollutech EnviroQuatics, Ltd. (www.pollutechgroup.com), a CAEAL accredited testing facility in Pt. Edward, Ontario.

"The purpose of the testing is to further substantiate the environmentally friendly claims made of AF31. Upon completion of these tests, Megola expects to receive results that prove that AF31 will not harm aquatic life upon release into the environment. Together with previous data showing that AF31 is readily biodegradable and forthcoming mammalian toxicity results, we aim to show that AF31 is a superior alternative to many fire extinguishing agents currently on the market," states Michael Gardner, Environmental Scientist at Megola Inc.

About the Aquatic Toxicity Testing:

Daphnia magna 48-hour LC50 and Rainbow Trout 96-hour LC50 toxicity tests will be conducted using Environment Canada test methods. These are standardized tests designed to assess the potential effects of a substance entering an aquatic environment.

Three different formulations of AF31 will be tested. Each formulation is used in different fire situations with different dispersal equipment. As with many fire extinguishing agents, AF31 has the potential to reach ground and surface water sources after its deployment outdoors. Thus, it is important to show that the lengthy and costly clean-up efforts and negative environmental impacts that are considerations with other extinguishing agents can be avoided.

For more information about Hartindo AF31 and about Megola Inc. please visit www.megola.com

The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

Contact Information