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Pegasus Has Developed and Completed Successful Testing of MoldGuardian(TM) a New Anti-Fungi Product

PALM BEACH GARDENS, FL -- (Marketwired) -- 01/28/14 -- Pegasus Pharmaceuticals (OTC Pink: PGUZ)

MoldGuardian™ has been developed using "Quality by Design" approach to create a protective barrier on any surface to eliminate the ability of mold spores to penetrate the pores and for any spores existing on a surface to grow. Also, MoldGuardian™ repels moisture which is an absolute necessity for mold growth. Thus, any spore sitting on a surface or in a pore will not grow without humidity. MoldGuardian™ was designed with mold spores in mind and to provide a long lasting prophylactic, protective barrier effect.

MoldGuardian™ is formulated with ingredients that are hydrophobic, polyunsaturated and/or saturated hydrocarbons and their esters and alcohol derivatives as well as water insoluble antioxidants and water insoluble and/or very low water soluble vitamins. In the product all of the ingredients are emulsified in the aqueous solution and exist in the form of the stable emulsion.

When MoldGuardian™ is applied on the surface and solution is dried, the emulsion is disintegrated and the dried ingredients create a thin layer on the surface penetrating into the material pores and provides a treated surface covered with protective layer. This layer is maintained by means of hydrophobic Van-Der-Waal's, dipole-dipole, and other non-covalent binding of hydrophobic ingredients with each other creating a protective barrier. It protects the surface from penetration and growth of fungi. This Water-resistant barrier protects the surface from fungal spores and/or cells penetration into the material surface and pores. It, also, prevents the passage of water even after long or continuous exposure to moisture. In addition water-resistant properties of the product have created conditions where moisture required for the fungal spore growth cannot penetrate through the barrier.

MoldGuardian™ treated surfaces are deprived of the required moisture content and this prohibits surface growth when protected with the MoldGuardian™ product.

Another feature is that the mold spores remain on the surface and do not spread to grow on another surface. When used on a preventive or regular basis it greatly reduces time, labor, liability and other expenditures.

MoldGuardian™ helps to eliminate mold growth using naturally occurring compounds and neutral pH. The formula is comprised of a unique combination of non-toxic, biodegradable ingredients.

Pegasus is marketing MoldGuardian™ to industries worldwide as a cleaner and mold inhibitor.

For more information, visit the Company's website: www.pegasusbiosciences.com or contact Daniel Kesonen, Chairman and CEO, Pegasus Pharmaceuticals, Inc. by telephone 561-626-9901 or by email at [email protected]

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