SOURCE: Thresher Industries, Inc.

February 21, 2007 16:05 ET

Thresher Industries Selects Japanese Representative

Thresher's Relationship With Japan's J.E. Access Opens New Markets for Its Products

LOS ANGELES, CA and YOKOHAMA, JAPAN -- (MARKET WIRE) -- February 21, 2007 -- Thresher Industries (PINKSHEETS: THRI), a Hanford California based manufacturer of quality aluminum and composite components, announced today that it has appointed J.E. Access Ltd., a Yokohama-based technology-transfer and consulting firm, as its representative office in Japan. Thresher's Talon Composite Division will work closely with J.E. Access Ltd.

Thresher Industries Vice President Robin Carden remarked, "Our high performance advanced metal matrix materials can be used in a variety of applications throughout Japan, and we are excited to announce our partnership with J.E. Access. We are committed to serving our customers throughout the world, and the Thresher team is pleased to join forces with J.E. Access President Hans-Henning Judek and his associates to better serve the Japanese market."

Hans-Henning Judek, President of J.E. Access, noted, "We at J.E. Access have been meeting regularly with the Thresher team and have found that their materials dramatically reduce weight without sacrificing structural strength. Thresher recognizes the great opportunities that exist in the Japanese market, and J.E. Access looks forward to exploring these new business relationships together with Thresher."

Mr. Carden added, "At this point, we are focusing on identifying partners who can best utilize our proprietary materials in nuclear shielding applications. The impending operational launch of the Rokkasho nuclear reprocessing plant and use of MOX nuclear fuels has created a strong demand for high-safety nuclear shielding materials in Japan. We are looking forward to helping keep the citizens of Japan safe from spent nuclear fuel, just as our Talbor® material has done in the United Kingdom, through our relationship with British Nuclear Fuel (BNFL) and in the United States and China, through our partnership with US-based NAC."

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. Talon Composites Division produces metal matrix composites, supplying proprietary material to the nuclear industry. Talons material is produced using a neutron absorbing ceramic making it an excellent material for storage casks used for spent fuel rod.

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.

Contact Information

  • Contact:
    Roger Rowell
    559-585-3400