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Financing for the ShockRounds(TM) \"Electric\" Less-Lethal Bullets Project Oversubscribed
Harrington Group Ltd Closes Public Offering Oversubscribed
News Release
January 22, 2005
Financing for the ShockRounds(TM) "Electric" Less-Lethal Bullets Project Oversubscribed
Harrington Group Ltd Closes Public Offering Oversubscribed
/24-7PressRelease.com/ - SANTA CLARA, CA., Jan 22, 2005 - MDM Group, Inc. (OTC: MDDM.PK) advises that Harrington Group Ltd earlier today advised the Australian Stock Exchange that its Public Offering has closed oversubscribed.
Harrington Group and MDM Group are now in the final stages of the transaction closing and the reinstatement of trading in Harrington Group shares is expected within the next two weeks.
For information purposes the Prospectus can be accessed at www.hgrltd.com and together with past information provided through the Explanatory Notes and KPMG Independent Experts Report released on 23 September 2004 these documents provide a detailed overview of the Companies and the ShockRounds(TM) Project.
The imminent ShockRounds(TM) Project closing will complete the first major phase of the MDM Group strategy and development and will see MDM Group emerge as the controlling shareholder of a fully funded and publicly listed subsidiary company that will be developing ShockRounds(TM) in its own right.
MDM Group is a development stage advanced technologies research and development Company focused on the security and Homeland Defense industries with interests that include the ShockRounds(TM) technology which is positioned as a major breakthrough in the munitions, military and law enforcement industries. This patent pending development introduces an "electric" charge to traditional ammunition and other projectiles such as rubber bullets through the combination of existing ballistic and piezoelectric technologies. See: www.shockrounds.com
Safe Harbor Statement
The information in this release, other than historical information, may be considered forward-looking statements within the provisions of the Private Securities Litigation Reform Act of 1995. Projection and other forward-looking statements and management expectations regarding future events and/or financial performance of the Company -- although given in good faith -- are inherently uncertain and actual events and/or results may differ materially.
For further information see: www.shockrounds.com - www.hgrltd.com and www.mdmgroupinc.com
MDM Group is featured on www.Homelanddefensestocks.com a global investment research portal for defense and security.
For full details: http://www.investorideas.com/Companies/MDMGroup/NewsReleases.asp
Source: MDM Group, Inc
Contact:
Trevor Ruehs
866-894-3910
Trevor@mdmgroupinc.com
Further Related Resources:
Press Release Contact Information:
Dawn Van Zant
ECON Investor Relations
President
145 Tyee Drive
Point Roberts, WA
USA 98281
Voice: 800-665-0411




