CORUNNA, Ontario, Aug. 8, 2005 (PRIMEZONE) -- Megola Inc. (OTCBB:MGOA), a leading environmental solution provider in physical water treatment, air purification, microbiological control, and wastewater treatment, is pleased to announce that has received an order for 1,000 indoor air quality units from its Air Purification Division from BuyMax LLC.
"To say that we are pleased with the relationship between our companies would be an understatement," said Joel Gardner, CEO of Megola Inc. "Megola and BuyMax have experienced great synergy as a result of our alliance. We are looking forward to maximizing our potentials as we further position our products into the HVAC and plumbing industries."
In addition to today's indoor air quality unit order, Megola announced July 26 that BuyMax has ordered an additional 1,000 ScaleGuard water treatment units (http://biz.yahoo.com/pz/050725/82629.html).
Results of the reseller agreement for residential ScaleGuard units, initiated March 23 (http://biz.yahoo.com/pz/050323/75027.html), have rapidly surpassed expectations.
About Indoor Air Quality
Outdoor air is continually being cleansed with the natural processes of weather, rain, wind, lightning and ultraviolet energy from the sun. Nature's methods of cleaning outdoor air are not naturally present in our indoor air environment. Man-made synthetic building materials, furnishings and household cleaning products have created a virtual chemical soup in our homes with no natural method of control.
Megola's indoor air quality unit, which BuyMax will private label for distribution to their membership, is a uniquely engineered, integrated dual wavelength Ultraviolet Energy system designed to dramatically reduce and control airborne toxic compounds such as mold, fungus, formaldehyde, xylene gasses and tobacco smoke along with infectious agents such as bacteria, influenza, hemolytic streptococci and many others for commercial and residential applications.
The product is duct-mounted on the central HVAC system for whole-house air cleaning. As germs, bacteria, mold and other micro-organisms, as well as gasses and toxic compounds, get re-circulated throughout an indoor air environment by the HVAC system, this product will kill and control these micro-organisms and inhibit them from reproducing and spreading disease or illness and substantially reducing the symptoms of allergies and asthma. This results in a cleaner, fresher and healthier indoor air environment.
About BuyMax
BuyMax, a subsidiary of VenVest (http://www.venvestinc.com), is dedicated to providing an e-commerce purchasing platform with preferential pricing or cash rebates on virtually every product necessary to operate an HVAC, plumbing or electrical services company, cost effectively. BuyMax offers hundreds of high quality universal products provided by industry leading vendor partners and national suppliers.
For more information on Megola Inc. and its products please visit the corporate website (http://www.megola.com).
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.