HANFORD, Calif., Sept. 22, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets: THRR) announced that it has completed development of a highly thermal conductive material. Thresher had received a purchase order to develop this material for use in an electronic enclosure requiring superior thermal conductivity. This material exceeds the thermal conductivity requirements for the enclosure and brings this alloy to production faster than anticipated.
Tom Flessner, President/CEO said, "Our success in developing this material demonstrates that we can engineer materials for specific markets. This purchase order for metallurgical testing and sample batch preparation was completed in less than four months. With our focus changing from production to material development we will offer data and engineering/test samples of this material to our customers and qualified casting companies along with engineering and production support."
"We will update our investors on sales volumes as orders are received. Developing this cast grade of aluminum with thermal conductivity matching billet 6061 aircraft grade material is significant; being able to cast to near net shape is game changing! Publishing the data will impact product engineering and allow American manufacturers a competitive advantage. Initial offerings will be available to American owned companies allowing us to control the use of this alloy. Process Patents are being prepared with applications to be filed within 60 days".
About Thresher Industries
Based in Hanford, California, Thresher operates an ISO 9000-compliant, green foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE Thresher Industries