Category: Uncategorized
News Release
April 06, 2004

Completion of Initial Due Diligence on ShockRounds(TM) by Harrington Group Ltd
DALLAS, TX, Apr. 06, 2004 - MDM Group, Inc. (MDDM) advises that as announced today by Harrington Group Ltd (HGR.AX) to the Australian Stock Exchange:
Upon execution of the Heads of Agreement, Harrington commenced an initial due diligence process which included:
-- Commissioning of a review of the ShockRounds(TM) patent position by an independent patent attorney.
-- Commissioning the preparation of a report on Non-Lethal Weapons and an Assessment of the Issues Pertaining to ShockRounds(TM) Development. The Company advises that it has received the above reports. Based upon these reports and other inquiries, and subject to the satisfaction of all other conditions precedent, the Board plans to present the proposed acquisition to shareholders at a General Meeting of Shareholders. The despatch of notice of this meeting is anticipated to occur on or about 23 April 2004 and will be accompanied by a detailed Explanatory Statement.

It should be noted that although the Company has accepted the claims made by MDM in relation to ShockRounds(TM) with respect to functionality, intellectual property rights and the significant commercial opportunity, the transaction will still be subject to further and ongoing due diligence up to the time of shareholder consideration of the transaction at the General Meeting of Shareholders.

The review of non-lethal weapons commissioned by the Company was prepared by Colonel (ret) John Alexander, a recently appointed independent advisor to MDM on ShockRounds(TM). Colonel Alexander is recognised and acknowledged as one of the world's leading authorities on non-lethal weapons and is credited with developing the modern concept of non-lethal defence. He continues to consult to the US government and provides guidance in military situations globally. Previously, Colonel Alexander headed the Los Alamos Laboratory program on non-lethal weapons, served as the US representative on four international studies conducted by NATO, and has chaired most of the major conferences on non-lethal weapons over the past decade.

In his report to Harrington, Col Alexander stated:

"Non-lethal weapons are those designed with the intent to conserve human life. They are munitions and there is no perfect system. Existing requirements of military operations and law enforcement agencies indicate that the worldwide market for non-lethal weapons will be expanding. The shortfall in current anti-personnel non-lethal weapons is the ability to operate over an extended range (over 35 metres) to promote the safety of personnel. ShockRounds(TM) should provide complementary systems for military, law enforcement and, potentially, home defence."
See: http://www.asx.com.au/asx/statistics/announcementSearch.do?method=searchByCode&issuerCode=hgr&releasedDuringCode=W

ShockRounds(TM) are a potential breakthrough product for the law enforcement industry, the military and border control and anti-terrorism initiatives, due to their versatility and multiple applications. When fired, a ShockRounds(TM) specialized bullet generates an extremely high voltage charge. This voltage discharges instantly upon impact causing immediate target incapacitation.

ShockRounds(TM) "electrified" standard bullets and rubber bullets are forecast to:

-- Make law enforcement safer and more certain
-- Save lives and ensure less collateral damage
-- Reduce injuries and fatalities
-- Enable far better control and effective enablement in aircraft, public places, arenas etc.
-- Provide an effective anti terrorism and border control weapon
-- Potential to decrease legal liability -- through reduced injuries and fatalities

ShockRounds(TM) technology was developed by Technosis, a member of the Girvan Business Venture Acceleration Network ('B-VAN"). See: www.girvan.org and search "Technosis."
As announced previously, MDM Group has entered into a conditional agreement with Harrington Group Limited (HGR), a company listed on the Australian Stock Exchange (HGR.AX) to commercialize the company's ShockRounds(TM) non-lethal technology. See Press Release of February 24, 2004

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 and www.mdmgroupinc.com

Contact:
MDM Group Inc
Trevor Ruehs, 866-894-3910
This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE: MDM Group, Inc



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