Thresher Industries $100 Million Plus Revenue Future

HANFORD, Calif., May 2, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets: THRR) early this year announced the decision to concentrate on our unique cast grades of metal matrix composite and related processes for key markets.  "Through our Detroit based representatives we are currently working on application in diesel engine pistons, a mutual non-disclosure has been signed, and we are progressing on a cost structure to provide testing and material samples. Our metallurgist is analyzing our customers testing criteria and the need for further refinement of the alloy for this market. The potential for the application of our material in automotive diesel engine pistons is exciting. Our material has excellent elevated temperature stability, its light weight and is extremely wear resistant" stated Tom Flessner, CEO of Thresher industries.

Further, states Mr. Flessner, "We anticipate a contract for the work which will then lead to prototype and pre-production orders.  We ultimately anticipate multiple material and technology licenses from applications for our material in the automotive aftermarket based on this development work. Discussions are currently underway with aftermarket manufacturers for application for automotive pistons. The diesel engine market for automotive applications is huge in Europe and will be embraced in North America with rising oil costs; these engines offer excellent power and fuel economy. The potential for our material in these engines is huge, pistons are a stepping stone to engine blocks where our materials strength, lightweight and sound dampening capability will allow our customers an advantage over materials like cast iron or even conventional aluminum. The potential profit from this is staggering; we have reduced our overhead and opted to concentrate on licensing rather than production, giving us the opportunity to generate profit with minimal overhead or the need for capital expenditures for additional production equipment.  Revenues are forecasted for year 2012 are $6-8M, 2013 $12-15M and double for each of the next 5 years.

Our goal is to move rapidly to profit and to protect our intellectual properties as we do this. As previously announced we are concurrently pursuing additional non-automotive market applications for our materials and technology and I believe this will ultimately lead to major profits and a continued opportunity to develop new materials and pursue multiple licensing opportunities for Thresher Industries.

The opportunities we currently have in front of us are huge, sales of hundreds of millions are within reach and as we build on each step of material development and refinement new markets will continue to emerge.

Lightweight, high strength aluminum based composites time has come, our concentration on the development of these materials and our willingness to license the manufacture and processing of these materials gives us a unique advantage in the market, and we are currently a standout, the only game in town!

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.

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