HANFORD, Calif., May 5 /PRNewswire-FirstCall/ -- Thresher
Industries, Inc. (Pink Sheets: THRR) is advising its shareholders
and interested parties that Senergy has notified Thresher
Industries of the extension is terminated effective today and the
offer to purchase Thresher Industries is canceled.
The Senergy website misstates the time frame to the offer,
Thresher will be posting the letter of intent to its website as
soon as possible. Regarding the offer Thresher has been
taking an extended amount of time to make any announcements due to
Senergy's delay in responding to our repeated due diligence
requests.
We will continue to work to here at Thresher to increase our
sales and acquire new customers; we appreciate the support of all
of our shareholders.
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.
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Contact:
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Thresher Industries,
Inc.
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Tel:
559.585.3400
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www.thresherindustries.com
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info@thresherindustries.com
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SOURCE Thresher Industries, Inc.