Osiris Names Rebecca Barton Director of Marketing to Focus on Thomas Equipment Unit

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Petter M. Etholm, President & CEO of both Osiris Corporation and its Thomas Equipment unit, says Rebecca Barton joined Osiris as Director of Marketing for subsidiary marketing and sales efforts, specifically for Thomas skid steer loaders.

Petter M. Etholm, President and Chief Executive Officer of Thomas Equipment Inc. announced Rebecca Barton has joined Thomas' parent company, Osiris Corporation (OSRS), as Director of Marketing and she will focus on marketing and sales efforts with the company subsidiaries, specifically at Thomas.

Etholm, also President and CEO of Osiris, said, "We are confident Rebecca will make a meaningful contribution to strengthening the marketing activities for the Thomas Skid Steer Loader brand."

Barton reports to Ilan Danieli, Chief Operating Officer of Osiris, who said, "Rebecca will focus on developing and executing a coherent and consistent marketing strategy, which will elevate the Thomas brand to a place matching its product quality. Rebecca will work closely to support the Thomas sales team and utilize her marketing experience and expertise to promote Thomas within the industry."

Gilbert Bedard, Vice President of Global Sales, said, "We at Thomas look forward to working closely with Rebecca as we build brand awareness for our Thomas Skid Steer Loaders."

Rebecca Barton said, "I am thrilled to help Thomas management with marketing programs in support of the company's Regional Business Managers and the North American network of Thomas dealers."

Previously, Barton was Assistant Vice President and Business Analyst for the Business Management team of Banc of America Securities, Healthcare Corporate and Investment Banking Group, focusing on reporting and forecasting revenues, tracking healthcare companies and coordinating marketing projects.

Barton had also held positions in advertising sales and employment services. During the past five years, she worked in the financial services and insurance industries, first as Marketing Assistant with Fidelity Security Life Insurance Company and then as Research Assistant at Shenkman Capital Management.

Barton holds a Bachelor of Science degree from Kansas State University and received a Master of Business Administration degree from the Stern School of Business at New York University, specializing in Marketing and Strategy. She lives in New York, speaks Spanish and is a member of the NYU Graduate Marketing Association, NYU Stern Women in Business and is also an active BzzAgent.

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 2004, 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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