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MM2 Group Provides Additional Quotes for New Venture in China
Date:4/17/2008

Additional Large Transactions in the Pipeline

LIVINGSTON, N.J., April 17 /PRNewswire-FirstCall/ -- MM2 Group, Inc. (OTC Bulletin Board: MMGP) announced today that its wholly-owned subsidiary, Genotec Nutritionals, Inc., a New York based nutraceutical company which generates its sales from the distribution of its branded products and through custom formulations for several large strategic partners, has quoted on several large transactions for the manufacture of fish oil sofgels. The sofgels will be manufactured in China at the plant of Genotec's joint venture partner.

The potential customers are second tier (in terms of size) companies in the nutraceutical industry. The transactions, as quoted, are valued at between $136,000 to $204,000 per month.

The current capacity of the state of the art plant is 1.5 billion capsules per year. The plant was designed and built according to the latest cGMP requirements, in full compliance with both U. S. and China standards. The plant is capable of expanding capacity to 5 billion sofgel capsules per year.

Mark Meller, CEO of MM2 Group, commented, "We don't typically announce quotes, as opposed to orders. However, the level of activity for new sales quotes in the days since we announced our order with a major player in the industry has prompted us to release this update. Our plan seems to be working. Having closed a deal with one of the largest and most prestigious companies in the industry, other, smaller companies are looking to us to take advantage of our cost competitive and high quality products. What's exciting is that these transactions are only for a single product, whereas we can manufacture many other products like Vitamin E sofgels. The market opportunity is huge. We hope to be in a position to make several exciting announcements in the near future regarding sales activity from this new venture."

About MM2 Group, Inc.

MM2 Group is involved in the acquisition and
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SOURCE MM2 Group, Inc.
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