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Magnum/SRI Releases Phase II Results of Custom Compound Tests

Posted on: Wednesday, 8 April 2009, 06:00 CDT

FORT LAUDERDALE, Fla., April 8 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR) releases Phase II Results of Next Generation Custom Compound Tests.

Phase II of Magnum/SRI Automotive Component trials have just been completed with the successful production of medium specification gaskets and hoses. The next phase of the Magnum/SRI trial and test regimen will feature the production of higher quality specification components with a wider variety of compounds. These tests are scheduled to be completed prior to full production capability of the Magog compounding lines. Work is underway to establish generic custom compounds for the automotive component industry. A variety of compound categories will be targeted for optimum results and cost effectiveness.

Gopi Sekhar, CEO of SRI stated, "Preliminary results have been a resounding success and we are optimistic about the next round of test results ascertained from the more rigorous real time tests scheduled to be carried out over the next several weeks. Magnum/SRI Custom Compounds will provide revolutionary cost effective eco-friendly materials to the ever increasing global compounding industry in the very near future."

Mr. Sekhar went on to say, "Our initial work has produced very promising results, both in large truck retread compounds and select Natural Rubber automotive compounds. In the case of retread compounds our challenge was to maximize cost reduction while keeping the compound within the minimum performance envelope demanded by European and North American retread manufacturers."

The tests utilized production crumb (size reduced mechanically to 40 mesh) to produce a custom compound that can be used as a partial substitution of raw material. The resulting material has met all preliminary performance parameters monitored during extensive tests and trials. This puts Magnum/SRI well ahead of the curve in terms of its projected timetable for compound development and bodes very well for accelerating Magnum/SRI viability and growth.

Mr. Sekhar also stated that, "It should be understood that this particular compound is targeted toward an enormous high volume market segment that is desperately in need of additional economic gain and increased profit margins. Compound suppliers and manufacturers engaged in this industry are already being squeezed by a highly competitive market that has gone through further pressure due to the recent economic conditions. Our newly developed compounds will fill this economic gap, as well as, provide the "green" attribute sorely needed throughout the industry."

According to a recent publication (Modertiredealer.com) "...the World Leaders in New Tire Sales totalled over $100 Billion in 2008. This is up from the total of roughly $90 Billion in 2007.

Furthermore, Magnum can very confidently expect to utilize the entire long term installed capacity of the Magog facility crumb production unit while attaining maximum value through economies of scale.

Our work with NR automotive compounds will be developed further to cover a wider application range, while moving into EPDM and Butyl compounds in later stages. These custom compounds, once fully developed, will make for very exciting developments for the automotive component compounders. Based on our most recent very positive and significant developments we will be proceeding to full production batch product trials much sooner than originally planned.

View recent Mangum/SRI Next Generation Custom Compound positive trials at http://magnumresources.net/view-investors.php?id=180

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.

Magnum's 98,000+ sq ft facility is located at 2035 Rene-Patenaude, Magog (Quebec), J1X 7J2. Magnum currently holds over $130 Million USD in open contracts with NSS, LLC over the next five years for the production of rubber nuggets and rubber buffings (mulch).

Visit MDOR http://www.magnumresources.net/

Visit SRI http://www.srielastomers.com/

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 company is not required to update its forward-looking statements.

Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Investor relations: 305-420-6563 mdor@magnumresources.net

SOURCE Magnum D'Or Resources, Inc.

Source: PR Newswire

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