HANFORD, Calif., March 15, 2010 Subsequent to a special meeting of the Board of Directors of Thresher Industries (Pink Sheets: THRR), it was announced today that the proposed offer to sell the company was approved. As previously reported, Thresher Industries received a letter of intent to buy their company on March 9, 2010. In the opinion of the members of the board this offer represents an extremely attractive package with a suggested settlement that is significantly above the current market price range. Corporate attorneys for Thresher Industries will report to the board members no later than March 16th as to whether a meeting of the shareholders will be required. The Board of Directors will recommend to the shareholders that they accept and ratify the sale. The details of this offer will be announced on Tuesday, March 16th 2010.

Technical Outlook:  THRR Traders and Investors are keying in on the psychological breakout level of .001 this week. A breakout above this level would spark a new level of momentum. THRR is up 14% on 321 million shares traded this morning.