HANFORD, Calif., Jan. 8 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (OTC Pink Sheets: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, is pleased to announce that the Company has established goals to expand its sales and marketing initiatives throughout the United States in the coming year. The Company will seek sales representatives to promote its product, introduce its services to a variety of new clients across several vertical markets, and focus on long-term domestic growth for the Company. During 2008, Thresher Industries signed an agreement with Advanced Technology Sales Associates to be its global sales representative. Advanced Technology, the sister company of Automotive Sales and Engineering Group will represent Thresher Industries in the automotive, aerospace and electronics industries in the Eastern United States and Europe. Under the agreement, Advanced Technology will contract Automotive Sales and Engineering Group to work on behalf of the Company in the automotive sector. Automotive Sales and Engineering is an engineering sales organization that focuses on principal revenue growth through the development of highly profitable niche and new product markets in the automotive sector. Its customers include Visteon, Lear, Automotive Components Holding Company, Ford Motor Company, American Axle, Hutchinson and Magna. The Company also received a purchase order from Alto Products Corporation in Atmore, Alabama for engineering, tooling and parts to be used by Alto in two of their transmission rebuild kits for Cadillac and BMW automobiles. Thresher delivered the first shipment of parts to Alto's engineering group in September where they received initial dimensional approval and are undergoing durability testing and testing in vehicle transmissions. The remainder of the order is being completed and prepared for delivery to Alto. Additionally, Thresher Industries plans to expand its business through the purchase of two Toshiba 350 ton and one hi-bred 650 ton high pressure die casting machine with a Wazniac high performance shot end and all support equipment including efficient high volume melt / hold furnaces. The new work cells will allow Thresher Industries to offer conventional die castings as well as its metal matrix composite and high ductility aluminum in near net configurations generating a projected increase in annual revenue of approximately $15,000,000. The high pressure die casting machines are used to produce metal parts for a variety of purposes by injecting molten metal under high velocity into steel molds using extreme pressure after the mold is filled making a high density cast part. Thresher is also introducing a high volume vacuum during the casting operation combined with a superior technology in extending tool life. They can produce complex shapes with a high degree of accuracy and repeatability. "Over the past year our efforts have been on new customers and market diversification. We are currently working closely with our sales organization to complete work with our customers engineering groups and purchasing departments to book this new business. Our goal, as we look toward 2009, is to expand our market and take on additional orders for a wider base of clients, offer a greater variety of products, and increase revenues for the Company," stated Tom Flessner, President and CEO of Thresher Industries. About Thresher Industries: Thresher Industries is a provider of aluminum and metal matrix composite alloy castings. They provide a full range of casting capabilities, from prototypes or low volume casting to permanent mold, low pressure and high pressure castings. Engineered materials working from our extensive catalog of alloys to materials engineered to meet the customers very specific need without compromise. The company offers full engineering, metallurgical and sales support as well as unique technologies such as our Nautilus Core system. 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. http://www.thresherindustries.com/ or Call Investor Relations + 1-866-THE-APPL(E) DATASOURCE: Thresher Industries, Inc. CONTACT: Thresher Industries, Inc., Investor Relations, 1-866-THE-APPL(E) Web site: http://www.thresherindustries.com/

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