Thursday, October 23, 2008 9:20:28 AM
Press Release Source: Magnum D'Or Resources, Inc.
Magnum Announces Arrival of High Tech Buffers and Prepares for Immediate Production
Thursday October 23, 9:06 am ET
MAGOG, Quebec, Oct. 23 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces the arrival of its first delivery of custom fabricated buffing machines at its Magog facility. The facility has been prepared for their arrival and installation will be expedited to allow production to begin the first week in November. This will enable Magnum to start fulfilling part of its open rubber buffing (mulch) contracts with NSS, LLC ($18 million annually). Mike Boux, VP of Canadian Operations stated, "My first impression upon seeing these custom built high tech buffers was breath taking. Very high tech and user friendly, easy to operate, and well conceived. This equipment is perhaps some of the best in North America."
The pre-installation preparation will enable a quick start up and testing, with optimal production reached in short order. The machines have already been unpacked, dismantled, and laid out for quick installation. "We expect to start producing buffings sometime next week, followed by near full capacity of the equipment within the following two weeks," elaborated Boux. The second shipment of higher capacity buffers are anticipated to arrive by mid-November with production anticipated by the end of November. Collectively, this equipment alone (4 buffers) will be able to produce ten to twelve thousand tons of buffings per year. Additional buffers will be added systematically over the next twelve months to increase production as required.
Here a few recent photos of the "Custom buffers"
http://016aa3c.netsolhost.com/Buffer1.jpg
http://016aa3c.netsolhost.com/buffer2.jpg
Below is the installed "Primary Testing Equipment" Phase 1 for Nugget/Powder production
http://016aa3c.netsolhost.com/FullOp1.jpg
About Magnum:
The recently received buffing machines will allow Magnum to begin fulfilling its current contracts with NSS, LLC totaling over $130 Million USD over the next five years for the production of both 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 Global Waste through its turnkey recycling facilities. Magnum's 98,000+ sq ft mixed use building is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog.
Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations (SRI) that will allow for rubber to be reconstituted, liquefied, specially blended into EPDM powders, and EPDM compounds. Magnum has access to state of the art processing aids and new world proprietary rubber recycling equipment.
SRI and Magnum are currently using its advanced technologies along with continued research & development to produce the next generation of retread compounds and reactivated ambient /cryogenic rubber powders for the world market.
http://srielastomers.com/research
About the upcoming Magnum "21st Century Business Solutions Series":
This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks.
http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series":
This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network.
http://tinyurl.com/3tzaf6
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
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
Magnum Announces Arrival of High Tech Buffers and Prepares for Immediate Production
Thursday October 23, 9:06 am ET
MAGOG, Quebec, Oct. 23 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR - News) announces the arrival of its first delivery of custom fabricated buffing machines at its Magog facility. The facility has been prepared for their arrival and installation will be expedited to allow production to begin the first week in November. This will enable Magnum to start fulfilling part of its open rubber buffing (mulch) contracts with NSS, LLC ($18 million annually). Mike Boux, VP of Canadian Operations stated, "My first impression upon seeing these custom built high tech buffers was breath taking. Very high tech and user friendly, easy to operate, and well conceived. This equipment is perhaps some of the best in North America."
The pre-installation preparation will enable a quick start up and testing, with optimal production reached in short order. The machines have already been unpacked, dismantled, and laid out for quick installation. "We expect to start producing buffings sometime next week, followed by near full capacity of the equipment within the following two weeks," elaborated Boux. The second shipment of higher capacity buffers are anticipated to arrive by mid-November with production anticipated by the end of November. Collectively, this equipment alone (4 buffers) will be able to produce ten to twelve thousand tons of buffings per year. Additional buffers will be added systematically over the next twelve months to increase production as required.
Here a few recent photos of the "Custom buffers"
http://016aa3c.netsolhost.com/Buffer1.jpg
http://016aa3c.netsolhost.com/buffer2.jpg
Below is the installed "Primary Testing Equipment" Phase 1 for Nugget/Powder production
http://016aa3c.netsolhost.com/FullOp1.jpg
About Magnum:
The recently received buffing machines will allow Magnum to begin fulfilling its current contracts with NSS, LLC totaling over $130 Million USD over the next five years for the production of both 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 Global Waste through its turnkey recycling facilities. Magnum's 98,000+ sq ft mixed use building is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog.
Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation of cost saving custom compounds, patents, process technology, and trade secrets of Sekhar Research Innovations (SRI) that will allow for rubber to be reconstituted, liquefied, specially blended into EPDM powders, and EPDM compounds. Magnum has access to state of the art processing aids and new world proprietary rubber recycling equipment.
SRI and Magnum are currently using its advanced technologies along with continued research & development to produce the next generation of retread compounds and reactivated ambient /cryogenic rubber powders for the world market.
http://srielastomers.com/research
About the upcoming Magnum "21st Century Business Solutions Series":
This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks.
http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series":
This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network.
http://tinyurl.com/3tzaf6
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
Joseph Glusic, CEO, 305-420-6563
www.magnumresources.net
mdor@magnumresources.net
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