Thresher Industries' Newest Material Receives High Marks From Independent Testing
24 Febrero 2010 - 8:21AM
PR Newswire (US)
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. Contact: Thresher
Industries, Inc. Tel: 559.585.3400
http://www.thresherindustries.com/ DATASOURCE: Thresher Industries,
Inc. CONTACT: Thresher Industries, Inc., +1-559-585-3400, Web Site:
http://www.thresherindustries.com/
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