Thomas Equipment Promotes Mary Jane Clark to Director of Europe & Australia for Thomas Skid Steer Loaders

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Petter M. Etholm, President & CEO of Thomas Equipment, says Mary Jane Clark was named Director of European and Australian Operations to help build Thomas Skid Steer Loader business as part of company's strategy to expand globally and focus on local market needs.

Thomas Equipment Inc., a global manufacturer and marketer of Thomas Skid Steer Loaders, promoted Mary Jane Clark to Director of European and Australian Operations, from her previous position as Sales Administration Manager, it was announced by Gilbert Bedard, Vice President of Global Sales.

Petter M. Etholm, President and Chief Executive Officer of both Thomas and its parent company, Osiris Corp. (OSRS), said, "Mary Jane Clark, with three decades of experience at Thomas, is highly regarded by dealers and customers and we look forward to her continued contribution to the success of Thomas as we expand our skid steer loader business throughout Europe and Australia."

Ilan Danieli, Chief Operating Officer, added, "In building our international network of regional managers and dealers, Mary Jane's role is vital and we are confident she will do a great job in helping to build the Thomas brand in the major market sectors now under her guidance."

Gilbert Bedard said, "Mary Jane's extensive experience in the skid steer industry is an asset to Thomas and will be a major benefit to our valued dealers and customers. She will oversee strategic initiatives to expand Thomas business throughout Europe and Australia, while focusing on local market needs."

Clark reports to Bedard and will be responsible for directing activities of Thomas' Regional Business Managers and growing Thomas's business and dealer network throughout Europe and Australia.

Mary Jane Clark said, "I am honored to be playing an increased role at Thomas, where attention to product quality and customer service is the company's top priority. We have great opportunities for growth in Europe and Australia and our excellent Regional Business Managers and Thomas Dealers are working diligently to serve the needs of local markets across this massive geographic area. "

After joining Thomas 34 years ago, Mary Jane Clark held series of posts, including Traffic and Sales Order Manager, and in 2004 was named Sales Administration Manager for Thomas, prior to being promoted to her current post.

Mary Jane and her husband have one son and live in Centreville, New Brunswick, Canada.

Thomas Equipment Inc. is a unit of Osiris Corporation (OSRS), http://www.osiriscorp.net, which provides a variety of branded and other products to industrial markets through subsidiaries including: Thomas Equipment Inc.; Thomas Equipment Asia Co. Ltd.; Thomas Ventures, Inc., Pneutech-Rousseau, Inc. and TcomT Inc. Osiris' units manufacture and market industrial and construction equipment, distribute pneumatic and hydraulic systems and design wireless devices for the telecommunications industry, among other activities. For more information about Thomas Equipment, visit the company's website at: http://www.thomasloaders.com.

Safe Harbor Statement
Under the Private Securities Litigation Act of 1995 - This press release discusses forward-looking statements with risks and uncertainties. OSRS results could differ materially due to various factors, including inability to finance operations or expansion and hire or retain personnel, economy and interest rate changes, and events such as terrorism. OSRS believes statements to be reasonable, but neither OSRS nor any other person can represent they will be achieved. OSRS is not obligated to update statements due to new information, events or otherwise. Please see the risk factors associated with our Company and review our SEC filings.

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BRIAN DOBSON
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