POINT EDWARD, ON -- (Marketwire) -- 08/04/10 -- Megola Inc. (OTCBB: MGON), a leading environmental solution provider, updates the developments of its 'Anti-Fire' product, Hartindo AF21, a water-based, non-toxic, non-corrosive, fire inhibitor. Hartindo AF21 does not merely delay the spread of fire; it prevents fires from starting.
A report by the Freedonia Group states that 'the US demand for flame retardants is expected to reverse its decline and is forecast to expand 2.7 percent per annum to 950 million pounds in 2013, valued at $900 million. Flame retardant advances will reflect renewed vigor in key markets such as insulated wire and cable, and construction. Other stimulants include more stringent fire codes and flammability requirements. Construction will continue as the largest end use.'
Video demonstrations of the effectiveness of Hartindo AF21 can be seen by visiting Megola's YouTube Channel http://www.youtube.com/user/MEGOLAinc.
Unlike many current fire retardants that only resist fire for a short period of time, Hartindo AF21-treated material will not burn. Flames from untreated material will not be able to spread when they encounter Hartindo AF21-treated material, which causes a fire to be limited to the size of the initial fuel source.
Hartindo AF21 is water-based and contains a mixture of inorganic salts and a proprietary blend of fire-inhibiting ingredients. The results of toxicity testing performed by a third-party laboratory in the U.S.A., using Environmental Protection Agency (EPA) approved test methods, showed that Hartindo AF21 is essentially non-toxic when ingested and non-irritating upon contact with eyes or skin. This is in stark contrast to many current fire retardants that are solvent-based, toxic and potentially irritating to eyes and skin. In fact, there is strong evidence that some of the common fire retardant chemicals used today can bioaccumulate in our bodies and can persist for many years in the environment.
The potential applications for Hartindo AF21 are innumerable. It can be used to treat any water-absorbent, natural material, such as cotton, linen, wool and wood, and many synthetic materials, such as polyester and some polypropylene and polystyrene products. Methods of application include spraying, dipping or padding, which can be performed onsite or during the manufacturing process
Currently, Hartindo AF21 is proving to be an important component of EcoBlu Products, Inc.'s wood protection arsenal. EcoBlu Products, Inc. (www.ecobluproducts.com) is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, fungus, rot-decay, wood ingesting insects, termites and fire with EcoBlu's FRC technology (Fire Retardant Coating) utilizing Hartindo AF21. EcoBlu products utilizing BLUWOOD and FRC technology are the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings.
Another application where Hartindo AF21 could see significant use is in uniforms and protective clothing. Whereas some engineered materials only resist fire for several seconds, Hartindo AF21-treated material will never catch fire. Instead, a protective char is formed that prevents combustion and also protects the non-exposed side of the material from the heat source, up to 3000°C (over 5400°F). Thus, there is great potential in the production of lightweight, breathable, fire resistant clothing and personal protective equipment.
Hartindo AF21 meets all international standards including:
- British Standards (BTTG WIRA & LPC tested to Civil Aviation Authority CAA, UK)
- US Regulations (tested to Federal Aviation Administration -- FAA, USA)
- SISIR (Singapore)
- SIRIM (Malaysia)
- BPPT (Indonesia)
- NYC Fire Department Certificate of Approval for use as a 100% Cotton, or Cotton/Polyester Blend, Flameproofing Compound (NFPA Standard 701)
- ASTM E84 (CLASS A) -- surface burning characteristics of building materials
- ASTM E84 (with Bluwood) (CLASS A) -- various types of wood products -- Douglas Fir, Southern Yellow Pine (SYP), SPF, plywood, etc...
- 16 CFR 1633 -- open flame mattress flammability test
- ASTM D 3201 -- Hygroscopicity Test(compared to Dricon (pressure-treated wood))
- NFPA 701 -- vertical burn test; flame propagation of textiles
- NFPA 2112 -- flame resistance for protection of industrial personnel against flash fires
For more info on Megola Inc., please visit www.megola.com
As of July 26, 2010, the Common Share structure for Megola is as follows:
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.