SOURCE: Thomas Equipment Inc

November 16, 2005 09:48 ET

Thomas Equipment Announces Over $12M in Pre-Production Orders at the National Construction Exhibition in Sydney, Australia

Trade Show Marks Successful Debut of Thomas 1,500 LB Skid Steer Machine

MILWAUKEE, WI -- (MARKET WIRE) -- November 16, 2005 -- Thomas Equipment Inc. ("Thomas") (OTC BB: TEQI) today announced that it received over $12M in pre-production orders for its new 1,500 LB skid steer machine while debuting the model at the National Construction Exhibition in Sydney, Australia last week.

This marks the National Construction Exhibition's first trade show in Sydney, Australia. The trade show's visitors included businesses and government officials from many Pacific Rim countries.

"We are pleased to complete another milestone in the storied history of Thomas. The show marked the successful debut of our new 1,500 LB skid steer machine. The units were manufactured at our new Busan, Korea plant. They were well received by end customers as well as distributors," Clifford Rhee, Thomas President and CEO, said. "The new machine incorporates many of Thomas' advanced features in engineering including full hydraulic pilot controls."

"Our R&D team did a brilliant job of efficiently and quickly developing and completing the new 1500 lb class machine for the market. In the same tradition of our award-winning Model 320, we broke new ground and are pleased that dealers and customers alike embraced the newest member of Thomas' family," said David Marks, Chairman of Thomas. "The completion of the Busan, Korea plant has enabled Thomas to better serve the growing number of our international customers."

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About Thomas Equipment Inc. ("TEQI"):

Thomas Equipment Inc., www.thomas-equipment.com, www.thomasloaders.com, and its subsidiaries including Pneutech Inc., www.pneutech.ca, Rousseau Controls Inc., www.rousseaucontrols.com, Samsung Industry Co. Ltd., www.ss-ind.com, and Hydramen Fluid Power Limited, www.hydramen.com: Thomas is an innovative and technologically advanced global manufacturer of a full line of skid steer and mini skid steer loaders as well as attachments, mobile screening plants and six models of mini excavators. Thomas distributes its products through a worldwide network of distributors and wholesalers. In addition, Thomas' wholly owned subsidiaries manufacture specialty industrial and construction products, a complete line of potato harvesting and handling equipment, fluid power components, pneumatic and hydraulic systems, spiral wound metal gaskets, and packing material.

Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TEQI could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.

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