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Thursday, 02/25/2010 8:24:56 AM

Thursday, February 25, 2010 8:24:56 AM

Post# of 49606
TDGI NEWS --

LOS ANGELES, CA, Feb 25, 2010 (MARKETWIRE via COMTEX) -- Hannover House, the
film and video distribution division of Target Development Group, Inc.
(PINKSHEETS: TDGI) (Other: www.TargetD evelopmentGroup.com,
www.HannoverHouse.com), has announced its first major DVD catalog promotion
since adding video to its product lines eight years ago. The sell-thru campaign,
coined "Ten for Ten," will reduce the suggested retail pricing on ten of the
company's top selling DVD releases to just under ten dollars each.

All ten DVD items will be available to retail and wholesale customers at the
reduced pricing of $9.95 suggested retail each, effective April 6, 2010.

Leading the package will be the extremely popular-selling DVD feature,
"Hounddog," starring Dakota Fanning in a critically-praised, breakout role.
Other titles include: "Teen Yoga," "Come Away Home," "Dawn of the Living Dead,"
"Grand Champion," "Kingdom of Gladiators," "Samurai: The Last Warrior," "Mind
Your Manners," "Tyra Banks: Supermodels In The Rainforest" and the
Spanish-language, 4-movie package, "The Antonio Aguilar Coleccion Classica."

"This is a very e xciting promotion for Hannover House," said C.E.O. Eric
Parkinson. "The title selection is very commercial, and our wholesale pricing
will enable some of the major retailers to significantly sell beneath the $9.95
list pricing. Our film and video library has over 150 titles and a significant
valuation. This sell-thru campaign will be the first of many that the company
will be pursuing to maximize revenues and bottom line results from the catalog."

Due to corporate restructuring, Hannover House only released one title to DVD
and Blu-Ray for the entire year of 2009, specifically "Hounddog," which was
originally listed at $19.95 for DVD and $24.95 for Blu-Ray units. Despite the
absence of other releases or catalog sales efforts, Hannover House still posted
a respectable bottom-line profit for 2009 of $485,000. For the calendar year
2010, the company is pursuing a greatly enhanced release slate, led by six,
major theatrical releases, five new release books, and thirty new release DVD /
Blu-Ray titles. Additionally, Hannover is implementing a variety of catalog
promotions and pricing strategies, including a Blu-Ray product line with $14.95
list pricing.

"There is a major market opportunity for what we are pursuing at Hannover
House," said Parkinson.

Additional financial data on Hannover House and parent-company Target
Development Group, Inc. can be found at www.Pinksheets.com under the company
trading symbol: TDGI.

SAFE HARBOR STATEMENT

This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in th is press release will prove
accurate.





Contact

Susannah Patton

479-751-4500

email: Email Contact





SOURCE: Target Development Group, Inc.




CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=50C81EB16EBCFF16




Copyright 2010 Marketwire, Inc., All rights reserved.

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