Thresher Industries Announces Patent Application and New Materials Technology
HANFORD, Calif., Oct. 13, 2011 /PRNewswire/ — Thresher Industries (Pink Sheets: THRR) announced today that a patent application has been made for its breakthrough thermally conductive hybrid composite. Patent pending status when granted protects the intellectual properties allowing more disclosure as we move to market. Development has also started on a second generation hybrid composite using nano particles or micro powders for use in armor and nuclear shielding. Groundwork for grant money has also started with a target of Q1 2012. Growth with conventional casting work while developing advanced materials paves the way to high margins as a specialized materials supplier.
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