Megola/MSE Enviro-Tech Announce Toxicity Test Results Show Hartindo AF31 Is Non-Toxic and Non-Irritating: Financial News

Megola/MSE Enviro-Tech Announce Toxicity Test Results Show Hartindo AF31 Is Non-Toxic and Non-Irritating
Thursday October 16, 2008 4:00 pm ET

POINT EDWARD, ON--(MARKET WIRE)--Oct 16, 2008 -- Megola Inc. (Other OTC:MGOA.PK - News), in collaboration with MSE Enviro-Tech Corp. (Other OTC:MEVT.PK - News) (Frankfurt:MEH.F - News), is pleased to announce the results of toxicity testing of Hartindo AF31, a water-based, multi-purpose, fire extinguisher and fire inhibitor. The report shows that Hartindo AF31 is both non-toxic and non-irritating after standard toxicity tests were performed to evaluate acute eye irritation, acute dermal irritation, acute oral toxicity and acute dermal toxicity.

With these results, Megola and MSE can now pursue National Fire Protection Association (NFPA) and Underwriters' Laboratories (UL) approvals for Hartindo AF31, and the subsequent marketing and sales of the Hartindo AF31 line of products.

"We are very happy with the results of the toxicity testing. Although the results confirmed what we already knew, the actual testing was a prerequisite for the approvals we require to market the Hartindo AF31 products in North America," states Joel Gardner, President and CEO of Megola Inc.

About Hartindo AF31

In contrast to other common fire extinguishing agents, Hartindo AF31 will not cause eye, skin or lung irritation when used in a fire situation, affect visibility or require special techniques to combat fire. As a fire extinguishing agent, Hartindo AF31 does not have any of the drawbacks associated with other portable fire extinguishers. Hartindo AF31 is a water-based, environmentally friendly, multi-purpose, non-toxic and non-corrosive fire extinguisher and inhibitor.

Brief Summary of Major Findings from the Study

The acute eye irritation/corrosion test of Hartindo AF31 Fire Extinguisher-Inhibitor was classified as non-irritating in the New Zealand Albino rabbit 72 hours following test article instillation.

Based on primary irritation index of 0.0, the irritating potential of Hartindo AF31 was found to be negligible in accordance with the Dermal Classification System.

The acute oral LD50 in rats of Hartindo AF31 was found to be in excess of 2000 mg/kg. Therefore, it was determined that Hartindo AF31 did not present a significant acute toxic risk if swallowed. Hartindo AF31 can be classified as being a Category 5 chemical according to the Globally Harmonized System of Classification and Labeling of Chemicals in which the estimated LD50 is greater than 2000 mg/kg with no deaths or evidence of toxicity.

The acute Dermal LD50 in New Zealand Albino rabbits of Hartindo AF31 was considered to be in excess of 2.0 g/kg body weight (the highest dosage used in the testing).

The results of previous testing showed that Hartindo AF31 is relatively harmless to aquatic life in the event that it enters surface water sources (see http://biz.yahoo.com/iw/080104/0344826.html), and is also an effective fire inhibitor, preventing ignition of combustible material once applied (see http://biz.yahoo.com/iw/071214/0340339.html).

For more information on Megola Inc. and the Hartindo products, please visit www.megola.com.

For more info on MSE Enviro-Tech Corp., please visit www.mseenviro-tech.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.