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MDM Group Reports Progress of Its ShockRounds(TM) Less-Lethal Munitions Project

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Harrington Group Limited (ASX.HGR) to Commence Trading February 8, 2005

MDM Group, Inc. advises that MDM Group subsidiary, Harrington Group Limited:

--  Will commence trading on the Australian Stock Exchange under symbol
    "HGR" on Tuesday morning February 8, 2005

--  The AUD$3million public offering in Australia by Harrington Group was
    oversubscribed with AUD$3.6million being raised

--  The top 20 Harrington Group shareholders are:
    

MDM Group Inc                                 63,750,000   49.86%
Corridor Nominees Pty Ltd                      8,437,500    6.60%
Axis Financial Group (Australia) Ltd           5,000,000    3.91%
Technosis IP LLC                               3,788,176    2.96%
Sustainable Resource Dev. Corp. Pty Ltd        3,570,526    2.79%
Shinewin Nominees Ltd                          3,138,000    2.45%
Nicole Suzanne Bartleet                        2,812,500    2.20%
Forestbrook Pty Ltd                            1,580,000    1.24%
ANZ Nominees Ltd                               1,436,422    1.12%
Mayford Developments Ltd                       1,320,000    1.03%
David Henry Brook                              1,204,452    0.94%
Merrill Lynch (Australia) Nominees Pty Ltd     1,058,716    0.83%
Andrew Donnelly                                1,000,000    0.78%
Tasman Asset Management Ltd                    1,000,000    0.78%
Harold Harford and Lorraine Harford              885,000    0.69%
Molby Investments Ltd                            658,000    0.51%
Mandevilla Pty Ltd                               540,000    0.42%
Haseler Super Fund                               507,033    0.40%
Ceres Capital Pty Ltd                            500,000    0.39%
Challenger Trading Corporation                   500,000    0.39%

A further 25,181,893 are held by 924 shareholders

There are also a total 10,646,838 options issued exercisable at AUD$0.25 each and MDM Group has a further 40,000,000 performance options exercisable at any time within four years at $0.35 each.

MDM Group is a development stage research and development Company focused on the security and Homeland Defense industries with interests including 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.


Distributed by Market Wire


 
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