SOURCE: Megola Inc.

Megola Inc.

May 19, 2010 13:00 ET

Megola Inc. Files Application to Underwriters Laboratories for Certification of Hartindo AF31 Fire Extinguisher

POINT EDWARD, ON--(Marketwire - May 19, 2010) -  Megola Inc. (OTCBB: MGON) is pleased to announce that they have entered into a Global Services Agreement with Underwriters Laboratories® for certification of Hartindo AF31™ extinguishing agent in an extinguisher.

UL® is the standard in safety and the predominant body for certification of safety related products.

Joel Gardner, CEO of Megola said, "Megola, in consultation with Newstar Chemicals (M) Sdn Bhd and our advisory board members have identified the tremendous market potential for Hartindo AF31™ in an extinguishing device. UL certification is a critical component of our strategy to integrate the Hartindo Anti-Fire™ products into the world of environmentally friendly fire safety."

 "In all my years of experience in the fire safety industry, Hartindo AF31™ is a truly unique fire extinguishing and suppression agent combining revolutionary extinguishing properties in an environmentally responsible, non-toxic formula. Completion of the UL certification process will further validate these claims and open up additional sales and marketing opportunities for Megola," states Advisory Board member William Biscontini.

About Megola:

Megola Inc. is a Nevada Corporation based in Point Edward, Ontario, Canada, and traded on the OTCBB under the symbol MGON.

Megola Inc. is committed to providing environmental solutions through advanced technology that, in the long term, will have a positive impact on company budgets and the environment.

For more information on Megola Inc. please visit 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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