Thresher Industries' Newest Material Receives High Marks From Independent Testing

HANFORD, Calif., Feb. 24 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets: THRR) announced today that it has received the positive interim material testing analysis from Cal Poly San Luis Obispo Material Sciences Department. The test report concluded the company's own findings on its proprietary material as well as the process used to obtain its superior distribution of particulate in the base aluminum.

According to the company, the success of the new material is due to the high level of distribution of the particulate and this is exactly where many companies have failed before. These results will enable Thresher to obtain a large market penetration in this highly profitable industry. The company, through its partnership with Cal Poly San Luis Obispo anticipates further developing this material as well as other materials for strength, wear resistance and heat dissipation for use in vehicles, reducing emissions and fuel consumption via weight reduction in this multi-billion dollar industry.

"These test results represent a significant milestone for our company in its quest to be a leader in the development of light weight high strength materials," said Tom Flessner, President and CEO of Thresher Industries Inc. "Our now proven ability to manufacture these advanced materials in a cost effective and consistent manner will make our company and product very desirable to the automotive, and aviation industries," further added Mr. Flessner.

About Thresher Industries, Inc.

Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company 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.  

SOURCE Thresher Industries, Inc.