Magnum Announces Startup of New Powder Equipment at Canadian Facility

MAGOG, Quebec, March 23 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR) (the "Company"), in conjunction with its wholly owned subsidiary Magnum Engineering, Inc (MEI), is happy to announce today that the installation and startup of the fine rubber powder production equipment at the Company's Magog, Quebec facility has been completed.  During the startup phase of the equipment installation, the Company made the decision to replace a key component of the crackermill equipment in an effort to reach a more standardized product.  The company feels the additional fine tuning of the equipment will satisfy the high quality standards that are expected from their customers, including Malaysian company Sekhar Research Innovations (SRI).  

"After looking at the product coming from our new equipment, we continue to fine tune the operation of the system," said Plant Manager Marc Boulerice.

Magnum anticipates full scale production in the coming month once modifications have been completed.  MEI will continue to review the process with plant management to ensure a standardized and clean product coming from the new equipment.

"We are incredibly excited to begin delivering our fine rubber powders to customers around Canada and working with our technology partner SRI to start the compounding process," Boulerice said.  

About MDOR:

Magnum D'Or Resources, Inc. (the "Company") is a public entity based in Henderson, NV and is engaged in the tire recycling industry.  The Company maintains facilities in Hudson, Colorado and Magog, Quebec through its wholly owned subsidiaries Magnum Recycling USA, Inc. and Magnum Recycling Canada, Inc. respectively. Facilities include approximately 120 acres of commercially-zoned land, lease space of 98,000 plus square feet of industrial manufacturing space, and processing and handling equipment required to handle and process raw tire feedstock.

The Company also has exclusive agreements pursuant to which it can utilize new technologies to produce custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market.  Additional information regarding the Company, its wholly-owned subsidiaries and its technologies is available at http://www.magnumresources.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this press release contain the Company's or its management's expectations and assumptions about future events, are forward-looking statements intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and the results anticipated by any or all of these forward-looking statements may not occur.  In addition, these statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by these forward-looking statements.  Factors that could affect those results include, but are not limited to, those described in the Company's annual report on Form 10-K for the fiscal year ended September 30, 2009, as well as the Company's subsequent reports on Form 10-Q and Form 8-K,  which have been or will be filed with the Securities and Exchange Commission.

SOURCE Magnum D'Or Resources, Inc.