American Mold Guard, Inc. Complies with Nasdaq Listing Requirement

Business Wire, August 14, 2006

SAN JUAN CAPISTRANO, Calif. -- American Mold Guard, Inc. (Nasdaq: AMGI), a provider of mold prevention services to the residential real estate construction industry, announced today that with the recent appointment of Dario A. Bianchi to the Board of Directors and the appointment of Michael A. Katz to the Audit Committee, the Company has a received a letter from Nasdaq that it is in compliance with all listing requirements set forth by the Nasdaq Capital Market.

The Company recently announced that Dario A. Bianchi had been appointed to the Board of Directors replacing Thomas C. Donnelly. This appointment meets the requirement for current listing on the Nasdaq Capital Market in accordance with Marketplace Rule 4350(c)(1) that requires a majority of the Company's Board of Directors be comprised of independent directors.

The Company also indicated that with the appointment of Michael A. Katz to the audit committee, American Mold Guard, Inc. also remains compliant with Marketplace Rule 4350(d) (2) (A) requires that the Company's Audit Committee be comprised of at least three members, each of whom are independent.

About American Mold Guard, Inc.

American Mold Guard, Inc., founded in 2002, is an industry leader in the field of mold prevention services. Its services are primarily focused on the residential real estate construction industry in California, Texas, Louisiana, Mississippi and Florida. Its customers include many of the largest national and regional home builders. Visit: www.americanmoldguard.com

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expresses or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. In particular, American Mold Guard makes no representations that the closing for the securities underlying the over-allotment option will occur. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.