SRI, Magnum d'Or in talks

ERJ staff report (DS)

Hudson, Colorado -- The President of SRI, Gopi Sekhar, and Chief Operating Officer of SRI, Dato' Frank Steinleitner, visited the offices of Magnum D'Or Resources for strategy talks. The talks focussed on operations and licensing agreements between the two tyre recycling companies.

Commenting on the visit, Joseph Glusic, Magnum's Chief Executive Officer, stated that "The recent visit from SRI reinforces the unique opportunity and ability the Company has to leverage technology to bring new recycled rubber products to the market with zero waste during the production process. We are excited about the opportunity to implement the processes and create the compounds that SRI and Magnum have worked so hard to develop."

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Press release from Magnum D'Or