In previous papers we have shown that the one mode Heisenberg algebra Heis(1) admits a unique non-trivial central extensions CeHeis(1) which can be realized as a sub-Lie-algebra of the Schrödinger algebra, in fact the Galilei Lie algebra. This gives a natural family of unitary representations of CeHeis(1) and allows an explicit determination of the associated group by exponentiation. In contrast with Heis(1), the group law for CeHeis(1) is given by nonlinear (quadratic) functions of the coordinates. The vacuum characteristic and moment generating functions of the classical random variables canonically associated to CeHeis(1) are computed. The second quantization of CeHeis(1) is also considered