Thresher Industries Continues With New Materials Development

HANFORD, Calif., May 11, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets: THRR) announced a new metal matrix composite that outperforms traditional aluminum alloy in heat sink applications. The material ThermaLite HS is manufactured using aluminum scrap from traditional billet machined alloy such as aircraft grade 6061 but has added ceramic particulate allowing superior heat transfer capability. "We believe that application in electronic heat sinks and our ability to cast this material to a near net shape will offer a very real benefit for potential customers. We have successfully produced and processed this material in small batches; further refinement will be done with our customer to meet their specific requirements prior to introduction. As we continue to develop materials for specific markets we will see greater revenue growth. Each market has been chosen based on our ability to either improve performance, reduce cost or both," said Tom Flessner, President and CEO of Thresher.

Heat sinks are a key market for our ThermaLite HS materials that can pull heat out of electrical devices, providing near net shape cast versions of heat sinks reduces post process costs such as machining and provides intricate cast shapes without increased costs. The market for electronic heat sinks currently exceeds $1.5B in the North American market.

About Thresher Industries

Based in Hanford, California, Thresher operates an ISO 9000-compliant, green foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact:
Thresher Industries, Inc.
Tel: 559.585.3400
www.thresherindustries.com
[email protected]

SOURCE Thresher Industries, Inc.

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