Megola Inc. Announces the Hiring of Logistics Manager: Financial News

Megola Inc. Announces the Hiring of Logistics Manager
Monday August 18, 2008 9:46 am ET

CORUNNA, ON--(MARKET WIRE)--Aug 18, 2008 -- Megola Inc. (Other OTC:MGOA.PK - News) is pleased to announce that Don McEwen has joined the company as Logistics Manager.

In this position Mr. McEwen will be responsible for coordinating all production facility logistics -- from raw product acquisition to manufacturing to packaging and distribution to clients. A native of southwestern Ontario, Mr. McEwen has thirty years of experience in the transportation industry, the last seventeen with Harmac, involving a wide array of responsibilities in shipping & receiving, inventory control and materials handling safety.

"We are proud to have added Don to our team," states Joel Gardner, President and CEO of Megola Inc. "His logistics background and experience in all aspects of product handling will greatly benefit Megola as we move closer to making the Hartindo line of anti-fire products available to the North American marketplace."

In a recent news release, Megola Inc. announced the moving of its corporate offices and that it has obtained warehousing and manufacturing space within the DMI Professional Building located in Point Edward, Ontario, Canada.

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.