Thomas Equipment Engages Wall Street Resources, Inc.

Wall Street Resources, Inc. Announces Availability of a Comprehensive Corporate Profile


MILWAUKEE, Jan. 7, 2005 (PRIMEZONE) -- Thomas Equipment (OTCBB:TEQI) ("Thomas" or "Company") announced today it has engaged Wall Street Resources, Inc. to provide a comprehensive corporate profile. The 30-page report includes detailed information on Company's business model, products, industry, valuation, management, and risks.

"The Company has recently completed a number of strategic initiatives and it is important to get this information to investors in a comprehensive manner. This comprehensive report will help current and potential shareholders obtain a thorough understanding of our businesses," said Clifford Rhee, Thomas President and CEO.

To obtain your free copy of the report, please visit: http://www.wallstreetresources.net/manage.asp?nextpage=thomas.asp

About Thomas Equipment, Inc. ("TEQI"):

Thomas Equipment Inc., www.thomasequipment.net and www.thomasloaders.com, manufactures and distributes through a worldwide network of dealers and distributors a full line of skid steer and mini skid steer loaders as well as attachments, mobile screening plants and six models of mini excavators. In addition to its industrial and construction products it manufactures a complete line of potato harvesting and handling equipment.

About Wall Street Resources, Inc.:

Wall Street Resources, Inc. and its affiliated site, wallstreetresources.net, is a leading source for information on micro-to-small capital publicly traded companies and exchange traded funds. Wall Street Resources (WSR) provides financial tools and publications to help investment professionals. These tools and publications include Companies of Interest, Exchange Traded Fund Rankings, Model Portfolios, Special Reports, Trading Alerts, and Featured Company Reports.

Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of either TEQI could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings. Disclosure: In compliance with rule 17b of the Securities and Exchange Commission, WSR discloses that it has been compensated by Thomas Equipment with $30,000 in cash for due diligence and consulting services.



            

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