The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Magnum D'Or Resources, Inc. Announces Meetings and Updates Acquisition of Terra Elastomer Technologies SL in Dusseldorf, Germany

FORT LAUDERDALE, Fla.--Magnum D'Or Resources, Inc. (OTCBB:MDOR) ("Company") (website: www.magnumresources.net) updates its shareholders of the progress on the acquisition of Terra Elastomer Technologies SL (“Terra”) and subsidiaries.

Chairman Chad Curtis stated, “We were in Dusseldorf, Germany from February 19th to 23rd working diligently with Terra’s management in anticipation of the proposed takeover as well as to give consideration for the acquisition of synergistic companies. On this trip we not only visited the corporate offices in Dusseldorf, Germany, but the operational facilities of Artech Recyclingtechnik, one of Terra’s Subsidiaries as well as, the Research and Development division in Vetschau, and the Tire/Waste Recycling Plant in Vetschau, Germany. I also had my senior advisor along with my media production coordinator there to assist in all matters. I’m very pleased with the progress made in this recent trip.

“While Terra has completed its consolidated financials for the years ended 2005 and 2006, the financials must be audited by a PCAOB registered Accounting Firm prior to consummation of the takeover. International Accounting Firms are being interviewed and we have, in combination with the principals of Terra, fixed a completion date of March 31, 2007 for the audit, with closing to take place shortly thereafter. We will, of course, keep our shareholders fully apprised of our progress in meeting the target dates. While the acquisition of Terra is made more complexed by reason of the domicile of its subsidiaries, (Germany, France, and Spain), both the management of Magnum D’Or and Terra are dedicated in their joint efforts to meet the target dates and proceed towards building the company into a Global Waste Management and Tire Recycling leader."

For further information regarding the operations of our proposed acquisition please visit our website at www.magnumresources.net

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

This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as MDOR or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.