auf zu neuen Höhen ? TDGI - Invest 2010

hier unser neues Invest im Team "Pennystocks - Traden an Limit".
Nachdem der erste interne Alert bei 0,0065-0,0075 erfolgte haben wir gestern die psychologischge
Grenze von 0,01 endlich geknackt, was folgte... starke Käufe und ein Schlußkurs auf 0,017
Ein Wochenplus von über 150%.
Wenn man der Company glauben darf, erst der Anfang auf dem Weg zu einer fairen Bewertung zu 0,13$
Stelle Euch hier die letzten News und Infos rein - bitte sorgfälltig durchlesen und entscheiden, ob sich für Euch hier einen Chance ergibt. Bitte nur in USA handeln, da hier kaum Umsatz.

Hummel

Target Development Group Acquires Entertainment Distributor Hannover House in Stock Swap Agreement

Dec 9, 2009 13:26:00 (ET)

SPRINGDALE, Ark., Dec 09, 2009 /PRNewswire-FirstCall via COMTEX/ -- Target Development Group, Inc. (Pinksheets: TDGI) (Other: www.TargetDevelopmentGroup.com , www.HannoverHouse.com ), a Wyoming based development corporation, has acquired entertainment distributor Hannover House in a stock-for-stock swap venture that immediately elevates the stature of both entities. Hannover House, established in 1993, owns or controls over $15-million in assets, including a film library, literary properties and motion picture production equipment and facilities. The newly merged entities will continue to trade stock under the TDGI.PK symbol, but will release films, videos and books under the Hannover House brand name.

Simultaneous with the December 1st merger transaction, the officers and directors of Target were restructured to add Hannover House executives to the board, with Eric Parkinson also tapped as Chairman / CEO and Fred Shefte as President.

Additional information on these and other corporate developments for Target and Hannover House will be published in the Initial Information and Disclosure Statements to be available for TDGI via the Pinksheets website at www.Pinksheets.com .

Hannover House is the releasing label for Truman Press, Inc., which is the corporate entity acquired by Target under this venture. Hannover House has an impressive slate of new films, videos and books for release during 2010 to supplement revenues from the company's library of seventy-five properties currently in release. Additionally, strategic relationships with suppliers representing multiple titles will be announced in the coming weeks, collectively providing Hannover and Target with more than 30 titles for release during 2010. Each of the key new release titles will be announced separately.

Eric Parkinson is a veteran of the film distribution industry, with 27 years of experience including a high profile position as CEO at Hemdale Communications, Inc. Fred Shefte has over 35 years of business experience, working primarily as an attorney and banker. Their support staff includes middle management positions in marketing, sales, operations and finance, collectively performing all of the duties required to properly maintain current reporting status for the newly combined Hannover-Target entity.

Principal offices, warehousing and production facilities for Hannover House are located in Springdale, Arkansas, in close proximity to the world headquarters for WalMart Stores, Inc., the nation's largest retailer for DVDs and Blu-Ray discs. Other key retail accounts for Hannover House book and video products include Amazon.com, Barnes & Noble, Best Buy, Blockbuster, Borders, Christian Book Outlet, Family Christian Stores, Hastings, Hollywood Video, Movie Gallery, Netflix and SAMS Clubs.

Target Development Group and Hannover House Acquire AcclaimedSuspense-Thriller, ""Sensored""

Dec 10, 2009 08:01:52 (ET)

SPRINGDALE, AR, Dec 10, 2009 (MARKETWIRE via COMTEX) -- Hannover House, the film and video releasing label for Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com , www.HannoverHouse.com ), has acquired the North American video rights to "Sensored," an acclaimed suspense thriller starring Robert Picardo ("Star Trek: Voyager," "Stargate Atlantis," "Stargate SGI").

The agreement was entered into between Target-Hannover House president Fred Shefte with Jo and Kevin Haskin, of KeJo Productions, LLC, an up-and-coming feature film production company headquartered in Sacramento, California.

In "Sensored," Robert Picardo plays Wade Nixon, a children's book author trying to keep his frayed mind from unraveling. Wade's battle with his own demons causes him to believe there is a conspiracy against him. Hanging in the balance is his legacy, and he'll stop at nothing to prove its reality. The line between mundane reality and horrific fantasy is skillfully blurred in this powerful film that Movie News described as "intense and intelligent... a top quality thriller that delivers the goods."

"Sensored" has generated enthusiastic audience reactions in sneak preview screenings, with research feedback meeting or exceeding results generated by the current, indie-cinema hit, "Paranormal Activity."

Legendary film director Joe Dante ("Gremlins," "Small Soldiers") provided insightful commentary about the film.

"The great Robert Picardo gets inside the mind of a madman in Ryan Todd's unexpected, riveting mindbender that plays like a horror film but ends up being so much more. A tour-de-force for one of my favorite actors, who at last gets to carry a picture. Sarah Knowlton is likewise memorable. Timely, thoughtful and altogether engrossing. One of the year's finest indies." -- Joe Dante.

The film was directed by Ryan Todd and produced by Kevin Haskin and Jo Haskin of KeJo Productions, LLC.

"Sensored" is not currently rated by the MPAA, but is expected to earn a "R" rating when reviewed by the Classifications and Ratings Administration. The film runs for 91 minutes and is in color and stereo. DVDs of "Sensored" will be priced at $19.95 suggested retail and Blu-Ray units will be priced at $24.95 suggested retail. The DVD UPC number is 7-6145073673-3 and the Blu-Ray UPC number is 7-6145003673-4. Hannover House and Target have set a video release date for Tuesday, February 2, 2010.

For more information on the film or to view the trailer, visit: www.SensoredTheMovie.com . For more information on Target Development Group, Inc. and Hannover House, contact Fred Shefte at 479-751-4500 / email: dfs.hannoverhouse@sbcglobal.net

Target Development Group and Hannover House Announce Eight New Titlesfor Q1 Release

Dec 11, 2009 11:26:27 (ET)

SPRINGDALE, AR, Dec 11, 2009 (MARKETWIRE via COMTEX) -- Hannover House, the film and video releasing label for Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com , www.HannoverHouse.com ), has announced eight new video and literary properties for release during the first calendar quarter of 2010.

In January, the company will release three titles to the DVD and Blu-Ray markets. "American Drug War" is the acclaimed Showtime documentary about government activities in the war on drugs. "The Hiding" is a horror-thriller about a haunted forest. "2 Dudes and a Dream" is a comedy about actors trying to make it in Hollywood. Also in January, Hannover will release "Made in the USA," the long-anticipated economics book by best-selling author, Barr McClellan.

In February, Hannover will release to DVD and Blu-Ray two recent theatrical titles. "War Eagle, Arkansas" is an acclaimed drama that won top awards at more than 20 film festivals. "Chelsea on the Rocks" is an insider's look at the notorious Chelsea Hotel in New York, from director Abel Ferrara. "Sensored," a suspense thriller starring Robert Picardo will also be releases in February.

In March, Hannover will release "Bobby Dogs" to DVD and Blu-Ray. This festival favorite chronicles the plight of a recovering alcoholic as he struggles to rebuild a life.

Hannover House and Target Development Group work with a wide variety of independent film production companies and programming licensors. "American Drug War" is being released under license from SCP Enterprises. "The Hiding" is being released under a distribution venture with Central Film Company. "2 Dudes and a Dream," "War Eagle, Arkansas," "Chelsea on the Rocks" and "Bobby Dogs" are part of a multi-title distribution pact with Producer's Releasing Organization, Inc.

Target Development Group in Pursuit of Hemdale

Dec 14, 2009 12:29:10 (ET)

SPRINGDALE, AR, Dec 14, 2009 (MARKETWIRE via COMTEX) -- Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com , www.HannoverHouse.com ), the parent company of entertainment distributor Hannover House, is in negotiations to acquire and resurrect Hemdale Communications as a vehicle for Target's higher profile film releases.

Eric Parkinson, Target Chairman and Chief Executive Officer, was formerly C.E.O. of Hemdale Home Video, Inc. and Hemdale Communications, Inc. Over the past few weeks, and on behalf of Target Development Group, Parkinson has contacted the major shareholders of Hemdale Communications, Inc. and commenced negotiations to acquire certain assets, including the license authority for the company's releasing brand.

"This is a tremendous opportunity to build on the brand legacy of Hemdale and provide a quality releasing vehicle for Target," said Parkinson. "For more than 20 years, Hemdale was the most respected releasing label for independent cinema, filling a market segment that exists again today. The major studios have been moving their release plans entirely toward mega-event releases on 3,000 or more screens. In doing so, they have virtually walked away from the billion-dollar market segment for quality, mid-level theatrical titles. We believe that Hemdale brand will provide Target with the ideal releasing entity to address this significant market," he concluded.

During the late 1980s and early 1990s, the Hemdale name was synonymous with quality, independent cinema. The company produced and distributed over 100 major feature titles including two Best Picture Oscar winners, "Platoon" and "The Last Emperor." Other notable titles from Hemdale include "Terminator," "Hoosiers," "Impromptu," "Salvador," "Hidden Agenda" and "Vampire's Kiss."

Target's plan for a revived Hemdale would include the opening of a Los Angeles-based office to oversee production and acquisition opportunities.

"We're extremely excited about this opportunity, and hope to reach an agreement with the rest of the principal Hemdale shareholders soon," Parkinson concluded.

Target Development Group and Hannover House Enter Into Film LibraryVentures With Elite Entertainment and FOCUSfilm Entertainment

Dec 16, 2009 15:25:41 (ET)

SPRINGDALE, AR, Dec 16, 2009 (MARKETWIRE via COMTEX) -- Hannover House, the film and video distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com , www.HannoverHouse.com ), has entered into a distribution venture to become the exclusive USA DVD and Blu-Ray distributor for the Elite Entertainment and FOCUSfilm Entertainment libraries, collectively adding more than 60 catalog titles and up to 20 new release titles to the Hannover House roster.

The distribution pact was negotiated between Target and Hannover President D. Frederick Shefte and Vini Bancalari, president of Elite Entertainment, Inc. and partner in FOCUSfilm Entertainment. The agreement was activated this week through the initial funds transfer from Hannover House, with additional installment payments slated over the coming months. Actual sales representation of the Elite and FOCUSfilm titles will commence in January 2010.

The Elite Entertainment label is the premiere science-fiction, fantasy and horror film independent video supplier in North America. Key titles include director Philippe Mora's alien-abduction masterpiece, "Communion" starring Christopher Walken; the big-foot monster classic, "Boggy Creek 2: The Legend Continues"; "Savage Harvest 2: October Blood"; and the 10-title horror series, "The Fearmakers Collection." The FOCUSfilm library contains a wide range of classics and international cinema favorites including multipacks of "Sherlock Holmes," "Ryder P.I." and the Orson Welles boxed set, "Citizen Welles." Additional titles, trailers and more information are posted at www.EliteDisc.com .

"This is an ideal marriage for both companies," Shefte said. "Elite and FOCUSFilm were looking to expand their distribution reach while Hannover House was looking to acquire more programming to present to our large and growing customer base. We feel uniquely qualified to maximize revenues from their catalog titles, and build on their exciting new release titles coming in 2010 and 2011."

"It's a multimillion dollar opportunity that adds significantly to Hannover's product roster and market credibility," he added.  

Target Development Group, Hannover House Acquire 10 Video Titles

SPRINGDALE, AR -- (Marketwire) -- 12/18/09 --

Hannover House, the film and video releasing label for Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse.com), announced today the acquisition of video distribution rights to 10 additional titles, including six new release feature films. The programs, under license from Central Film Company and Family Universal Network, will be released by Hannover House on DVD and Blu-ray in late spring and early summer 2010



Central Film Company has expanded its existing distribution relationship with Hannover House with the addition of six new release features: "Eyes of the Woods," "Allegheny Sunset," "Naked Nerve Endings," "The Sky is Falling," "Static" and "The Wind and the Long Black Scarf."


Los Angeles-based Family Universal Network will provide four animated features -- "Treasure Island," starring the voice talent of Hugh Laurie ("House") and Richard E. Grant ("Garfield: A Tale of Two Kitties"); "Journey to the Center of the Earth"; "Around the World in 80 Days"; and "20,000 Leagues Under the Sea." Each will be available as individually packaged DVDs, as well as be part of a three-pack item Hannover will release as "The Jules Verne Classics Collection."


Earlier this week, Hannover House announced a library distribution venture with Elite Entertainment and FOCUSFilms. The total number of titles in the Hannover House library now exceeds 150, including catalog programs, new releases and newly acquired theatrical feature films to be announced in the upcoming months


"We're pleased to have a solid line-up of diverse, new release videos through 2010," said Eric Parkinson, CEO of Hannover House and Target Development Group. "These titles will provide a significant foundation for our expansion into the higher-profile, theatrical features that ultimately will define the company."


Hannover House was established in 1993 as a publisher of fine literature, and was expanded in 2002 by former Hemdale CEO Eric Parkinson to include film and video products. Attorney and banker D. Frederick Shefte joined Hannover House as President in 2007. Target Development Group, Inc

acquired Hannover House this month in a stock-for-stock swap agreement. For 2010, Hannover House plans to release eight films to theaters, 28 titles to home video, and six new release books

Webseite: http://www.hannoverhouse.com

Share-Struktur:
Number of Authorized and Outstanding Securities
The following is true and correct, per our transfer agent, as of and at the period ending for this disclosure statement, 1 December 2009:

a. Pre-Acquisition number of shares outstanding: 150,870,610
b. Addl. shares issued for Hannover acquisition: 159,336,082
c. Shares returned to Treasury Stock <49,000,000>
d. Total number of shares in issue: 261,206,692
f. Total number of free trading shares: 57,667,870
g. Total number or restricted shares: 203,538,822
h. Total number of registered shareholders: 166


Transfer Agent:

Standard Registrar & Transfer Company

12528 South 1840 East

Draper, Utah 84020

Salt Lake City, Utah 84107

Tel. (801) 571-8844

Fax. (801) 571-2551

SHO-NUFF aus I-Hub vom 18-12-09

I sent the CEO one more email.

I asked: "Do you see the value of TDGI going up from its current levels with this merger and will there be further dilution of stock in order to support Hannover House's activities?"

Here is the reply:

Hi _____________. I'm not psychic, so I cannot tell you what will occur with the TDGI stock price. If the market reacts logically and analytically, the stock price should be north of $.13 per share. However, there's no way to know if that's likely to occur, especially when there's a legion of "short-sellers" that love to attack small cap stocks out there.

We are in the process of finalizing major financing for Target / Hannover House. But what we're pursuing at present is financing through credit lines, and not via the issuance of new equity, which I think is what you were referring to by "dilution"?? We will be updating the share structure with the Pink Sheets and Transfer Agent today or Monday to reflect the details of the Hannover acquisition.

Best Regards,

Eric Parkinson -- CEO
HANNOVER HOUSE
A TARGET DEVELOPMENT GROUP, INC. COMPANY
Office: 479-751-4500 / Direct: 818-481-5277
www.HannoverHouse.com

via Mail an

Posted by: Blink1205    Date: Wednesday, December 23, 2009 8:43:55 AM  
In reply to: None  Post # of 10077      

This should be available for everyone to see:

Hi Eric,

Not sure if this has been asked before but do you have any plans in the upcoming year to get off of Pinksheets and move to the OTCBB? Or if you don't uplist will you become current with pinksheets in terms of filing with the SEC?

Thanks for you time.


Hi _______ -- thanks for your inquiry. The answer is "yes" to our "move-on-up" to BB or another higher profile board. Timing wise, we will complete our 2009 year-end financials on about Jan. 10, and immediately give these to Hogan-Taylor auditors. We will have all our financial data updated (including this full audit) by February, and will voluntarily file these with the SEC. Our corporate counsel has additional steps planned that would move us to BB or higher very quickly. We're confident in our 2010 release slate and feel that the true value of TDGI will soon be recognized.

damit Ihr immer auf dem neuesten Stand seid:

http://ih.advfn.com/...chart&s=NO^TDGI&p=0&t=19&vol=1

Viel Grüße und schöne Wheinachtstage,

Hummel

Posted by: The Rainmaker    Date: Friday, December 25, 2009 11:16:28 PM  
In reply to: None  Post # of 10328      

People need to realize the .13 per share valuation is just for the assets Hannover put into TDGI. You still have to add in the value of Hannovers new business going forward and the value of Hannover the company. Those two are not included in .13 valuation. So look for TDGI stock price to eventually be much higher than .13 as the market realizes this and prices these assets correctly imho. Excluding the value of the ongoing operations of Hannover the direct balance sheet benefit of the Hannover assets and library......valuation of approximately $.13 per share. Going forward if they also close the Helmdale Deal which I think they will one would expect even a higher value has to be priced in to TDGI for this as well.

Hannover has over 170 DVD titles in active distribution, and has quickly ascended to a dominant role as a leading, independent distributor of DVD's. The company is particularly noted for its successes in placing DVD titles within mass merchandisers and key chain stores including Wal-Mart. In December 2006, Hannover House set an impressive sales achievement record for sales of over one million DVD discs in a single month. Principal offices, warehousing and production facilities for Hannover House are located in Springdale, Arkansas, in close proximity to the world headquarters for WalMart Stores, Inc., the nation's largest retailer for DVDs and Blu-Ray discs. Other key retail accounts for Hannover House book and video products include Amazon.com, Barnes & Noble, Best Buy, Blockbuster, Borders, Christian Book Outlet, Family Christian Stores, Hastings, Hollywood Video, Movie Gallery, Netflix and SAMS Clubs.


Hummel

Die ersten Millionenumsätze hatten wir im Berich 0,006-0,008 und die ersten 100%-Profits sind im Bereich 0,012-0,014 erfolgt. Viele hatten daraufhin mit einem Rücksetzer auf 0,01 gerechnet (mich eingeschlossen).
Das Level2 (Mittwoch - kurz vor Börsenschluss USA) sah auch im ASK nicht besonders toll aus ( 1MM bei 0,015 danach 0,01). Am 24-12-09 erfolgte aber genau das Gegenteil. Starke Käufe mit einem $-Volumen von 700.000 in einem halben Handelstag - wow. Wer hat da gekauft ? - Mit Sicherheit keine Kleinanleger und Tagestrader, sondern da steckt mehr dahinter.

Sollten die 0,13$ (Buchwert je Aktie) wirklich erreicht werden, oder evtl. durch eine weiteren Merger übertroffen werden?

Ich habe mir einen Verkauf im Bereich der 0,02 vorerst verkniffen, da mein Monatsziel auf 0,04-0,05 ausgerichtet war. Das war allerdings eine Einschätzung vor dem letzten Handelstag.
Nach diesem Volumen und Käufen wird mein pers. Kursziel auf 0,05-0,08 angehoben.

Welche Kursziele  Ihr aus den Informationen ableitet und welchen Anlagehorizont ?- lasst es mich wissen.

Wünsche noch einen stressfreien Tag und allen eine erfolgreiche letzte Handelswoche 2009,

Hummel

Rekordvolumen und freie Bahn bis 0,049$ !
Der Höchstand in 2009 wurde durch reine Spekulation auf einen möglichen Merger erreicht - jetzt ist es keine Spekulation mehr sondern Fakt - somit ist das erste Etappenziel klar definiert.

Hummel

Da man diese Aktie auch in Frankfurt ordern kann wäre es natürlich toll wenn dieser Spread von 0,001-0,049 mal etwas angepasst werden würde, denn somit ist ein Handel hier so gut wie ausgeschlossen.

Hummel

 

wer hier alles über TDGI und den Merger lesen will - hier ist der Link:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44877963

eine top Zusammenfasung vom Meister der DD von I-Hub "Rainmaker"

auf eine erfolgreiche Woche,

Hummel

unter starkem Volumen geht es die Treppe weiter rauf. Eine kleine Konso im Moment, wo Kleinanleger Teilgewinne realisieren. Käufe von Stückzahlen bis zu 750.00 sprechen eine deutliche Sprache das hier mehr im Busch ist als ein kurzfristiger Zock. Hoffe einige konnten noch zu guten Preisen auf den Zug aufspringen und sind schon im Plus.

Hummel

mit einem weiteren Plus von +43,5% und über 43 Millionen gehandelter Aktien sieht es Morgen nach einem weiteren grünen Tag aus.
Hoffe alle sind an Bord ;)

Hummel

Bis Morgen,

Hummel

SPRINGDALE, AR -- (Marketwire) -- 12/30/09 -- Hannover House, the film and video distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse.com), has entered into direct access agreements with more than a dozen of the top U.S.A.

based Video-On-Demand providers and retailers, with titles being offered as soon as February 2010. The new structure will enable Hannover House to deliver new release movies and catalog titles on a direct basis through streaming technologies available over the internet and through cable television providers.





"This is a major, structural development for the company," said Eric Parkinson, C.E.O. of Hannover House and Target Development Group, Inc. "We see Video-On-Demand emerging in 2010 as a significant revenue source for Hannover House and other studios with large content libraries. Quality and security issues with the technologies have been resolved, making V.O.D. the easiest way for consumers to access entertainment. As a rights owner and distributor, Hannover saves on the manufacturing and freight costs associated with DVDs and Blu-ray videos, plus benefits from the faster and more direct payment stream. It's a highly-profitable method to deliver entertainment and our new structure should maximize these results," Parkinson concluded.




The Hannover House 2008 release of "Hounddog," starring Dakota Fanning, was made available for Video-On-Demand through a variety of cable networks, V.O.D. suppliers and internet retailers. Key accounts included Time Warner Cable, Comcast, Cox Communications, DISH Network, AT&T, Verizon, Amazon.com and Netflix. Access to these accounts was through a third-party agency, which Hannover felt significantly reduced efficiency, profitability and cash flow timing. Hannover's new structure provides direct access to V.O.D. suppliers and is expected to improve placements, revenues and collections. A complete listing of Hannover House V.O.D. partners will be released in mid-January.




Hannover House owns or controls the distribution rights to more than 150 feature film and television properties. Principal offices, warehousing and production facilities are located in Springdale, Arkansas, in close proximity to the world headquarters for Wal-Mart Stores, Inc., the nation's largest retailer for entertainment products. Other key accounts for Hannover House products include Amazon.com, Barnes & Noble, Best Buy, Blockbuster, Borders, Christian Book Outlet, Family Christian Stores, Hastings, Hollywood Video, Movie Gallery, Netflix and SAMS Clubs.




SAFE HARBOR STATEMENT



This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.


For more information contact:

Richard Prudenti

Director of Marketing & Publicity

479-751-4500

Email: Email Contact



wünsche allen einen tollen Rutsch ins Jahr 2010 und viel Glück; Gesundheit und Erfolg

Hummel

ein weiteres Plus geben, die News von gestern war für einige sehr überraschend und registriert haben es wohl auch erst viele sehr spät.
Kurse unter 0,05$ erscheinen nun mehr sehr günstig zu sein.
Verkaufsorder abermals erhöht und als Long-Play für 2010 im Depot. Bei Rücksetzern wird hier weiter aufgestockt.
Das ist alles meine Meinung und jeder sollte sich sein eigenes Bild machen und danach handeln.
Wünsche allen einen guten Rutsch ins Jahr 2010 - soll es für jeden das bringen was er sich erhofft.

Hummel

Hannover on Target for Major Title Acquisitions
Datum : 31/12/2009 @ 14h15
Quelle : MarketWire
Name : Target Development Group, Inc (TDGI)
Kurs :  0.028  0.0 (0.00%) @ 02h05

Hannover on Target for Major Title Acquisitions

SPRINGDALE, AR -- (Marketwire) -- 12/31/09 --

Hannover House, the film and video distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse.com), is closing in on the acquisition of distribution rights for three additional feature films described by the company as "major profile releases with significant commercial value for the theatrical, video and television markets."

These new titles will supplement the company's existing release slate of approximately 30 video releases, 4 theatrical releases and 5 new release book properties already set for release during 2010. Hannover will also implement several catalog sales promotions in support of the company's extensive library of DVD and Blu-ray properties

"We're encouraged by the quality and quantity of new films being offered to Hannover House now that we've joined forces with Target Development Group," said C.E.O. Eric Parkinson. "The company is uniquely positioned to provide access to theaters, video retailers and television outlets throughout North America, and our management team is known and respected within the industry. The marriage of Hannover House into Target was the catalyst for obtaining new credit funding and off-balance-sheet financing opportunities that have made the acquisition of major titles both realistic and obtainable."

Each of the four theatrical titles already acquired by Hannover House and Target Development Group will be individually announced during January

Pending approval from licensors, Hannover and Target plan to announce details of new acquisition titles at the Sundance Film Festival, occurring in late January in Park City, Utah

The corporate websites for both Hannover House and Target Development Group have been substantially updated and redesigned, but have not yet been published live onto the internet as the company awaits formal announcement of each of the key titles. Additionally, the company plans to post consolidated 2009 year-end results by Friday, January 8, along with a management discussion and revenue forecasts for Q1, 2010

"This is an exciting time for Hannover and Target," Parkinson continued

"Producers and program rights owners are actively seeking deals with us which will enable us to achieve our goals more quickly than originally anticipated."


SAFE HARBOR STATEMENT

This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate

Contact:

For more information contact: Richard Prudenti Director of Marketing & Publicity 479-751-4500