SOURCE: Thresher Industries, Inc.

December 20, 2006 14:27 ET

Thresher Industries Announces Hiring of New Vice President

HANFORD, CA -- (MARKET WIRE) -- December 20, 2006 -- Thresher Industries (PINKSHEETS: THRI), a Hanford, California-based manufacturer of quality aluminum and composite components, announced today that Robin A. Carden has accepted the position of Vice President of Business Development. Tom Flessner, President / CEO of Thresher Industries, announced today that Robin has also been named as a member of Threshers Board of Directors. Tom Flessner said, "Robin Carden has done an incredible job with Talon Composites, bringing it to a leading position in the nuclear industry. He has demonstrated his abilities with the success of Talon." Mr. Carden will answer directly to the President and the board of directors of Thresher. His position allows him to direct all business units within both Thresher Industries and its Talon Composites Division. Talon Composites was recently acquired by Thresher Industries and is currently being relocated to the Thresher Industries' Hanford, California manufacturing campus.

About Thresher Industries

Thresher Industries provides conventional cast aluminum as well as reinforced metal matrix composite aluminum alloy components for a variety of customers and applications. Thresher's ThermaLite and TerraLite alloys offer unique properties compared to conventional aluminum alloys such as increased wear resistance, unique thermal properties and greatly increased strength. Thresher also offers proprietary casting technologies including its Nautilus Core Technology, a bio-degradable recyclable process that is used to generate internal shapes and passages in castings without sand or binders normally used in casting operations.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

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