Press Notification of TDGI Annual Shareholders Meeting

Online, December 28, 2010 (Newswire.com) - New Releases and Business Forecasts for 2011, 2012 to
Highlight Shareholders Meeting for Hannover House

New York, NY - Theatrically released feature films will drive the revenue engine for Hannover House in 2011 and 2012 under a multimedia business strategy to be presented at the shareholders meeting of parent company Target Development Group, Inc., (Pinksheets: TDGI). Major new acquisitions will see their theatrical activities quickly followed-up with DVD and Blu-Ray releases, an aggressive new Video-On-Demand mandate, and enhanced exposure via cable and other television media. The company has also acquired eight new release books that will be published in both traditional book formats and as e-Books in 2011 through the Hannover House label.

"We have carefully studied all aspects of our business, our industry and the current marketplace for entertainment media," said Eric Parkinson, C.E.O. of Hannover House and Target Development Group, Inc. "Our strategy for 2011 and 2012 involves an acceleration of growth into seven, primary areas of activity. We are excited to present this business plan to our shareholders as we embark on a path to maximize our overall vertical integration, gross revenues and bottom-line results."

Home video and new book releases will continue as the core businesses for Hannover House, but will be enhanced with an aggressive expansion into Video-On-Demand and e-Book formats. The company will also announce eight theatrical titles for 2011, which are expected to generate the majority of Home Video revenues for the company. Approximately twenty-four direct-to-video titles are also expected in 2011. The company is also involved with several high-profile productions, most of which are not expected to be ready for release until 2012.

A revamped corporate website and catalog are scheduled to be completed in mid-January, as are detailed financials covering the company's activities in 2008, 2009 and 2010.

The Shareholders Meeting for Target Development Group, Inc. will be held on Saturday, Jan. 15, 2011 from 10:00 am until 1:00 pm at the Inn at Carnall Hall, on the campus of the University of Arkansas in Fayetteville, AR. The meeting will be streamed live, on-line with interactive Q&A made possible via email for shareholders not in attendance. New release materials and documents presented at the meeting will also be available on-line to shareholders through a password-accessed link on the Hannover House website.

For more information on Hannover House contact:

FRED SHEFTE or ERIC PARKINSON, Hannover House, 479-751-4500 / 818-481-5277 or email at: [email protected], [email protected]