SOURCE: Thresher Industries, Inc.

December 18, 2006 13:55 ET

Thresher Industries President / CEO Issues Statement Regarding Recent Spam Campaign

HANFORD, CA -- (MARKET WIRE) -- December 18, 2006 -- Thresher Industries (PINKSHEETS: THRI), a Hanford, California-based manufacturer of quality aluminum and composites castings, has recently been the subject of an intense spam campaign. Tom Flessner, President / CEO of Thresher Industries, stated, "Thresher Industries has no knowledge of who has undertaken this campaign in an attempt to inflate the value of our stock. We have no reason to do this and apologize to individuals and companies affected by this. We have taken action to attempt to locate the individual or individuals responsible. We have had our stock shorted and now with this campaign believe there is some connection between these actions. We have received angry responses on our web site from individuals subjected to this; please understand that the individuals doing this are not working on our behalf. Our CFO, Roger Rowell and I are attempting to find the source of this and will attempt to shut this down as quickly as possible."

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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