We consider the radial Schrödinger equation with the pseudo-Gaussian potential. By making an ansatz to the solution of the eigenvalue equation for the associate Hamiltonian, we arrive at the general exact eigenfunction. The values of energy levels for the bound states are calculated along with their corresponding normalized wave-functions. The case of positive energy levels, known as meta-stable states, is also discussed and the magnitude of transmission coefficient through the potential barrier is evaluated.