New Clients for Magnum USA

The latest announcement for Magnum (OTC.BB: MDOR) is its latest agreement with a new tire source and on-going tire recycling operations.  Magnum Recycling USA, recently added two additional tire source clients to its operations in Hudson, CO. The two new clients have different purposes, one of the clients will be using the site for the disposal of OTR (Off the Road) tires and the others will be disposing of passenger, light truck, and heavy truck tires.

Bryan Brammer, COO of Magnum Recycling USA, stated, "We have added new clients therefore adding new revenue to the bottom line of Magnum's US division. It is also exciting to know that other companies like Magnum, desire to be good stewards to the environment by not letting waste tires go into illegal tire dumps. These tipping fees (payments for the disposal of waste products) will prove to be a solid revenue stream and foundation for the Hudson facility."

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About MDOR:

Magnum's positioned to become a global leader in rubber recycling solutions by utilizing proprietary "Green" technology that provides a one-of-a-kind resolution to all of the challenges in eliminating stockpiles of rubber scrap & tires worldwide. Through its partner SRI,  Magnum controls exclusive rights to a variety of Next Generation technologies & patents that could potentially revolutionize the rubber recycling industry Worldwide. Magnum/SRI are currently using these technologies to produce next generation custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market. Magnum/SRI premium compounds can be substituted in high specification compound applications with no appreciable loss in properties or performance, thus adding a substantial & meaningful reduction in raw material cost for clients without compromising product performance and quality.

Magnum's Quebec facility is 98,000+ sq. ft. and currently produces rubber buffing, nuggets, and crumb from recycled scrap tires. Company holds over $130 Million USD in open contracts.

Magnum's Colorado facility consists of 120 acres of commercially zoned land, buildings, equipment, and inventory of roughly 30 to 40 million tires. The facility is one of the largest tire landfills in the world.

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