Hannover House Inc (HHSE)

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NEWS --

NEW YORK, NY, Apr 07, 2010 (MARKETWIRE via COMTEX) -- Target Development Group,
Inc., the parent company of media distributor Hannover House, (PINKSHEETS: TDGI)
(Other: www.HannoverHouse.com), released news to day of recent corporate filings
and other operational matters as part of the company's policy of maintaining
maximum disclosure or all relevant activities to its shareholders.

On the corporate front, in response to a directive from the Target board of
directors, the company's Articles of Incorporation with the State of Wyoming
have been amended to reduce the total quantity of Authorized Shares from the
previous sum of ten-billion, to the adjusted sum of seven-hundred million
shares. This move has now been properly received and recorded by the Wyoming
Secretary of State. The Target board felt that the previously high share
authorization level may have suggested the prospect of a future issuance of
shares in consideration of new financing, a strategy which the board has
specifically prohibited. At present, financing arrangements have been secured to
fund the company's immediate operational and releasing needs. Cash flow from the
compa ny's existing library and summer 2010 new release activities will be
substantially reinvested into the acquisition and release of future titles, thus
mitigating the company's need to issue new shares for capital.

On the operational front, in order to better handle the company's new release
activities, key publicity agencies have been engaged and new support staff
employees have been hired. Effective March 1, Susannah Patton has been hired as
the Hannover House director of marketing and publicity. Lauren A. Sterling will
be assisting with theatrical bookings, and Leigha Schilling will be providing
marketing department support. All three will office out of the company's
operating division, Hannover House in Springdale, Arkansas. Outside agencies
engaged to assist with corporate and film release publicity are Los
Angeles-based 42 West, New Jersey-based Smith Publicity and New York-based Falco
Ink.

Current release materials are bein g designed by Mighty Creative Stuff, Oleum
Rain Design and the Cimarron Group. Laboratories working on Hannover House
projects include Fotokem, Deluxe Labs, Technicolor and Advanced Digital Media.

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 this press release will prove
accurate.

For more information contact Susannah Patton at 479-751-4500 / email:
[e-mail]





Eric Parkinson -- CEO

HANNOVER HOUSE

Office: 479-751-4500 / Direct: 818-481-5277

www.HannoverHouse.com




SOURCE: Target Development Group, Inc.




CONTACT: http://www.hannoverhouse.com/




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