SOURCE: Megola Inc.

August 13, 2008 08:30 ET

Megola Inc. Announces Move of Corporate Offices

CORUNNA, ON--(Marketwire - August 13, 2008) - Megola Inc. (PINKSHEETS: MGOA) has announced that it will be moving its corporate offices as of September 2, 2008.

The new office location will be in the DMI Professional Building, a multi-use industrial and office complex, located in Point Edward, Ontario, Canada.

Located within the complex, JMS Warehousing Inc., specializing in integrated warehousing and transportation services, will be utilized for logistics purposes.

Strategically based in Point Edward, Ontario, Canada, just outside of Sarnia, Megola's new office and manufacturing facility is within a 10 hour drive to over half of the North American population. Located at the base of the International Blue Water Bridge, Canada's fastest growing commercial crossing, there will be the benefit of immediate access to key markets in both Canada and the United States via Port Huron, Michigan.

"We are excited to have been able to secure office and manufacturing space in the DMI Professional Building as well as begin our relationship with the region's foremost warehousing and transportation facility in JMS," states Joel Gardner, President and CEO of Megola Inc. "With the advent of the Hartindo line of anti-fire products it was essential that Megola obtain a site with the requisite manufacturing, warehousing and shipping facilities."

For more information on Megola Inc, visit www.megola.com

For information on JMS Warehousing Inc, visit www.jmstrans.ca

Contact:
Megola Inc.
Daniel Gardner
1 888 558 6389
IRinfo@megola.com
http://www.megola.com

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. 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.

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