SOURCE: Thomas Equipment Inc

November 07, 2005 09:31 ET

Thomas Equipment to Unveil Its New 1,500 LB Class Skid Steer Machine at the National Construction Exhibition in Sydney, Australia

Thomas Debuts Its Latest Model of Skid Steer Machine in the 1,500 LB Lift Capacity

MILWAUKEE, WI -- (MARKET WIRE) -- November 7, 2005 -- Thomas Equipment Inc. ("Thomas") (OTC BB: TEQI) today announced that the company will unveil its latest skid steer model at the National Construction Exhibition in Sydney, New South Wales, from November 8 - 11.

Thomas expects that the new 1,500 lb lift capacity machine will become a sales leader among the diverse arrange of models the company currently markets worldwide. The new machine will incorporate many of Thomas' advanced features in engineering and functionality and will be produced at the company's state-of-the-art assembly plant in Busan, Korea.

"We have had a long standing relationship with Thomas Equipment and we are extremely pleased to have been chosen to present the new 1,500 lb machine for the Australian and New Zealand market," said John Hewlett, The managing Director of Hewlett Equipment PTY LTD.

"Thomas Equipment is proud to unveil its newest model this week at the National Construction Exhibition in Sydney, Australia," Clifford Rhee, The President & CEO of Thomas Equipment said.

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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