CORUNNA, Ontario, July 14, 2005 (PRIMEZONE) -- Megola Inc. (OTCBB:MGOA) is pleased to announce that it has initiated a major sales promotion of its ScaleGuard technology throughout Thailand, Malaysia and Indonesia. The company, which is a leading environmental solution provider in physical water treatment, microbiological control, wastewater treatment and air purification, is promoting the technology through its Asian distributor, Dalian Bingshan H2O3 Environmental Solution Co. Ltd. (H2O3) (a subsidiary company of http://www.bingshan.com).
"With the establishment of the assembly facility for ScaleGuard in China and the resounding success it has had in the Chinese market, we felt it was an excellent time to introduce Megola's products to other areas of Eastern Asia that suffer hard water problems," stated Mr. Sufan Siauw, VP of International Sales and Chief Technology Officer of H2O3. Mr Siauw continues, "The partnership between H2O3 and Megola Inc. has generated a very strong presence in the region and we expect to capitalize on the reputation we've created in the industrial and agricultural sectors. Our promotion has already seen dairy, ice-making, and refrigeration companies investing in the ScaleGuard technology."
Highlights:
-- Country Fresh Dairy became the first ScaleGuard customer
in Thailand. They are a leading dairy producer and have
installed seven units to treat a considerable scale problem
on ultra-high temperature (UHT), milk heat exchangers and
evaporative condensers.
-- Hydro Property, a water treatment distributor in Thailand,
is completing their field-testing of two units they purchased
through H2O3's regional distributor, Good Earth Agricultural
Co. Ltd., and has installed them into the online systems in
a major ice factory. Having proven the system efficacy
of ScaleGuard (descaling and preventing future scaling), they
will be incorporating the ScaleGuard technology into cooling
tower installation projects in the future. Hydro Property's
clients include approximately 600 ice factories in Thailand.
-- Good Earth Agricultural. Co. Ltd. has held sessions with a
company that is a major producer of cooling towers, evaporative
condensers, and refrigeration equipment. This company is
purchasing units for testing. Upon successful field testing
this company will be incorporating ScaleGuard into the
development a new evaporative system that will not form scale,
thereby reducing the costs of manufacturing the equipment.
Currently, due to scale problems, equipment is oversized by 20
percent and made of stainless steel so that equipment can
withstand being acid-washed. Reducing the size of equipment
and eliminating expensive stainless steel in unnecessary
components achieves a dramatic cost savings. They also intend
to apply the ScaleGuard technology in their after sales service
program to a user base in excess of 1,000 companies in Thailand
currently using their systems. They are very big in the
ice-making industry, and they produce ice-making machines.
-- Trials are being initiated on the steam boilers for both Caltex
and Pertamina (Indonesian oil companies). Upon successful
trials, there will be a potential for the installation of more
than 500 larger ScaleGuard units within this industry.
-- In Malaysia, Good Earth Agricultural. Co. Ltd. will be meeting
with companies in the poultry integration business and water
treatment business to further promote ScaleGuard.
About ScaleGuard
Megola has developed a revolutionary, cost-effective and environmentally friendly approach for solving hard water problems. The company's technology is non-invasive and it neither adds harmful chemicals to, nor removes essential nutrients from the water. Its approach is environmentally-conscious (unlike traditional solutions such as salt-based water softeners or chemical treatments), virtually maintenance-free and inexpensive.
About Megola Inc.
Megola Inc. develops enabling technologies for industrial, commercial, agricultural, and residential users. Megola Inc. is in the process of greatly expanding both the scope of its offerings and its reach throughout the global marketplace. This continues the new business model that was launched last year. Megola has also expanded to include other applications and products, utilizing technologies such as ultraviolet light, ozone and copper ions, which the company believes will significantly boost its revenues.
Please visit the corporate Web site at http://www.megola.com for more information on the ScaleGuard device and other Megola products.
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.