SOURCE: Megola Inc.

Megola Inc.

November 22, 2013 07:30 ET

Megola Inc. Announces the Re-Introduction of Its National Distributor Program

MISSISSAUGA, ON--(Marketwired - Nov 22, 2013) - Megola Inc. (OTC Pink: MGON) a leading environmental solution provider in physical water treatment, microbiological control, wastewater treatment, air purification and fire solutions, announced that it is re-introducing its National Distributor Program. 

Originally introduced in 2005, the Company experienced success in signing distributor agreements for its physical water solutions products. "Distributors were offering our ScaleGuard units as the alternative solution for hard water problems that people were encountering in specific regions across North America and we want to revitalize this program with interested parties nationwide," states Magaly Bianchini. "As we analyzed Megola's past core business, success was being displayed with increasing revenues at the time. The Board of Directors and Management agreed that by re-introducing this initiative, it is expected to be a vital and important program for Megola, as it begins re-organizing and restructuring of the Company."

Under the terms of the Distributor program, Megola will provide all necessary training and product support for their Physical Water Treatment that will enable new distributor's immediate penetration into all markets. Through Megola's new web site, an exclusive online support system for its distributors will provide them secure and private access to product documentation, marketing material and technical information.

About Megola Inc.

The Company is a Nevada based corporation that owns proprietary knowledge and patents in the fire retardant and innovative water solutions sector. The newly restructured company has years of research and testing available which will enable the company to commercialize its products almost immediately. Our mission is to continue improving and expanding our line of products in both fields and concluding on ongoing contract discussions with a variety of suppliers and distributors. Megola is a public company trading on OTC Markets, under the symbol MGON.

Safe Harbor Statement
Sections of this press release contain forward-looking statements, which reflect management's best judgment based on factors currently known but involve significant risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including but not limited to risks more fully described in the "Risk factors" section of the Company's Annual Report and other risks. Forward-looking information provided pursuant to the safe harbor established by recent securities legislation should be evaluated in the context of these factors.

Contact Information

  • Contact:

    Megola Inc.
    5045 Orbitor Drive, Suite 200
    Building 10
    Mississauga, Ontario L4W 4Y4

    Investor Relations:
    Eddie Cruz
    Cruz Capital Advisors, Inc.
    Phone: 949-390-0111