Magnum Engineering International (MEI) To Provide Solutions for Magnum’s USA and Canadian Operations
October 7, 2009MEI to assume International Negotiations currently being conducted by MDOR
FT. LAUDERDALE, Fla., Oct. 7 /PRNewswire-FirstCall/ — Magnum d’Or Resources, Inc. (OTC Bulletin Board: MDOR – News), new division, “Magnum Engineering International, Inc. (’MEI’),” announces strategic plans.
Magnum Engineering International (’MEI’) is a wholly owned subsidiary of Magnum d’Or Resources (’MDOR’). Together with its affiliates MEI will develop turnkey plants and complete environmental solutions using a profitable business model that assures quality, excellence and continual improvement of environmental performance. MEI possesses the capacity to provide a complete range of ‘one stop’ services to its clients; no longer do clients have to deal with multiple sources for their needs, MEI can coordinate it all.
MDOR is awaiting delivery of the initial equipment necessary to commence work on the Colorado site. During this same period MEI will commence work on developing a full functioning recycling plant in Colorado using the latest available technology. MEI intends to develop this plant while working closely with Magnum/SRI to determine the optimum solution for the output.
MEI will also assume all responsibilities, including all inquires, discussion and International negotiations currently being conducted by MDOR in relation to third party recycling solutions.
MDOR CEO Joseph Glusic stated, “Since the establishment of Magog and the more recent release of results relating to Magnum/SRI, as well as, the acquisition of one of the largest tire Monofills in the world, we have gained significant recognition in the tire recycling industry. Due to the most current events alone we have been receiving a huge volume of inquiries from national and international companies regarding assistance for solutions to their tire recycling issues. We are currently in negotiation with several of those companies regarding various levels of services and support. Magnum Engineering International (MEI) has now been given the task and the responsibility of handling third party inquires and solutions in addition to assisting the Magnum group with all technical and engineering services.”
ABOUT: 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. Magnum’s 98,000+ sq. ft. facility is located in Magog (Quebec) http://magnumresources.net/gallery/?level=album&id=2. Magnum currently holds over $130 Million in open contracts for the production of rubber nuggets and rubber buffing/ http://magnumresources.net/gallery/?level=album&id=2
Magnum’s Hudson, Colorado facility is approximately 30 miles northeast of Denver. It consists of 120 acres of 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 Light Truck Tires made with Magnum/SRI Revolutionary Custom Compounds: 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