SOURCE: Military Resale Group, Inc.

April 17, 2007 09:47 ET

Military Resale Group, Inc. Presents Recent Updates

NEW YORK, NY -- (MARKET WIRE) -- April 17, 2007 -- Military Resale Group (PINKSHEETS: MYRG) announces their new recent promotional coverage.

Recently, Chairman Nick Kontonicolas, stated, "Military Resale Group has a unique business model which the company will utilize as the basis in developing its new focus. We are preparing for the introduction of new and varied product lines and most importantly, the announcement of a new management team. These product lines will be distributed using our business model as well as our new distribution channel which we have under development. Over the past year, The company has been changing its course from a regional distributor in the Colorado Springs, Colorado area to a national distributor of products to the military commissary system as well as to the consumer retail market. These new changes will signal the commencement of our core operations which have been suspended while we were restructuring the company and its mission."

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About Military Resale Group, Inc.

Military Resale Group, Inc. (MYRG) was for over eight years a specialist in military distribution. MYRG formed a new subsidiary company, Military & Specialty Distributors, Inc. ("MSDI"). MSDI will focus on the planned expansion as a national distributor to service commissaries and retail services throughout the DeCA system, and the 13.7 million patrons who purchase $5 billion in products each year. MSDI has identified numerous new products to market that will bring the company new revenues and better profit margins than in the past. The company has also begun to expand its retail operations which now mirror the expanded Military Resale Group wholesale operations. Military Resale Group historically sold a wide variety of grocery and household items. The expansion will be on a regional basis. For more information, please visit

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of MYRG.

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