Magnum Adds New Wholly Owned Subsidiary, Magnum Engineering International, to Accommodate Further Expansion Plans

* Reuters is not responsible for the content in this press release.

Mon Oct 5, 2009 10:30pm EDT

Magnum Adds New Wholly Owned Subsidiary, Magnum Engineering International, to
Accommodate Further Expansion Plans





FT. LAUDERDALE, Fla., Oct. 5 /PRNewswire-FirstCall/ -- Magnum D'Or Resources,
Inc. (OTC Bulletin Board: MDOR), announces the formation of its latest wholly
owned subsidiary, "Magnum Engineering International, Inc. (MEI)." Magnum also
makes preparations for receiving tires and equipment at the Hudson, Colorado
site.


The recent incorporation of Magnum's latest subsidiary, MEI, is meant to
accommodate the recent barrage of inquiries from investors and companies
wanting Magnum to provide engineering and facility design services. With this
recent incorporation Magnum creates a well rounded and dynamic group.  MEI
will serve as the engineering arm of the Magnum group of companies and will be
involved in all design and engineering aspects.  MEI will also offer services
and solutions to third parties.


Magnum President and CEO, Joseph Glusic stated, "This is yet another step
forward for Magnum that will satisfy a market that we have been neglecting
until recently due to our focus on our own facilities.  This has been in the
works for quite some time, and we have now accumulated all the necessary
elements and the technical expertise to move forward.  It also gives us the
structure needed to accommodate further acquisitions and joint projects
throughout the world.  As we continue to develop new relationships, our
corporate structure will evolve to accommodate these ventures.  The role of
MEI and its importance will become clearer in the coming few weeks as we
complete and announce some of the very important tasks at hand.  I am very
excited with the most recent events and am looking forward to our upcoming
media campaign that will inform the world of just who Magnum is and what we
are capable of producing."


Magnum is also please to announce final preparations are under way at the
Hudson, Colorado site to accommodate the initial delivery of processing
equipment and the acceptance of tires.


Bryan Brammer, Chief Operating Officer of Magnum USA stated, "We have been
working tirelessly since our official ownership took place to bring the site
up to the standard we expect at Magnum.  I believe we are now ready to begin
business and operations pending final approval of our permits and licenses. We
have been engaged with the State and County to ensure that Magnum is, and will
be, in full compliance with all applicable regulations.  This site has been,
and will continue to be, a sensitive issue due to its shear size and
magnitude.  We have committed ourselves to making the Hudson site a first
class recycling facility not just for the State of Colorado but for our
industry and the entire country."


Magnum's 98,000+ sq. ft. facility is located in Magog (Quebec). Magnum
currently holds over $130 Million in open contracts for the production of
rubber nuggets and rubber buffings. Magnum's proprietary "GREEN" technology
provides a one-of-a-kind solution to all of the challenges in eliminating
stockpiles of scrap tires and rubber scrap:
http://magnumresources.net/gallery/?level=album&id=2


Magnum's Hudson, Colorado facility is approximately 30 miles northeast of
Denver. It consists of 120acres high grade commercially zoned land, buildings,
equipment, and inventory in excess of 30,000,000+ tires. The facility is one
of the largest tire landfills in the world:
http://magnumresources.net/gallery/?level=album&id=3


Magnum/SRI are currently using their advanced technologies to produce next
generation rubber recycling solutions for custom compounds, retread compounds,
processing aids, advanced state-of-the-art equipment, and reactivated
ambient/cryogenic rubber powders for the global market. To visit SRI:
http://www.srielastomers.com


World's First Magnum/SRI Light Truck Tires:
http://magnumresources.net/investors/447,
http://magnumresources.net/gallery/?level=album&id=5


Magnum/SRI tests & trials target premium applications that contain high grade
properties including maximizing cost savings for clients while producing high
quality materials. Magnum/SRI Revolutionary compounds are one of a kind
because they can be substituted in high specification compound applications
without appreciable loss in properties or performance. Furthermore, our
clients (markets) will prefer to use Magnum/SRI compounds because they will be
able to enjoy a substantial and meaningful reduction in raw material cost
without compromising product performance and quality. In the competitive
environment of rubber product manufacturing this is a major development having
a direct positive impact on our customer's bottom line.


Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
Statements contained in this document that are not historical fact are
forward-looking statements based upon management's current expectations that
are subject to risks and uncertainties that could cause actual results to
differ materially from those set forth in or implied by forward-looking
statements. The results anticipated by any or all of these forward-looking
statements may not occur. The company is not required to update its
forward-looking statements.


                Contact:
                Magnum D'Or Resources, Inc.,
                Fort Lauderdale, FL
                1-954-315-3883
                www.magnumresources.net
                mdor@magnumresources.net

                Green Tech International Advisors
                Human, Public, Investor Relations
                1-561-674-2169
                www.greentechinternationaladvisors.com
                info@greentechinternationaladvisors.com





SOURCE  Magnum D'Or Resources, Inc.

Magnum D'Or Resources, Inc., +1-954-315-3883, mdor@magnumresources.net; or
Green Tech International Advisors, Human, Public, Investor Relations,
+1-561-674-2169, info@greentechinternationaladvisors.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.