Hi Mikael Rickan,
   With java.util.Timer, java.util.TimerTask classes tasks may be scheduled for one time execution or for repeated executions. Timer class is having overloaded schedule() methods,

   1)to execute specific tasks at the specified time 
   2)or for repeated fixed delay execution beginning at the specified time
   3)or after the specified delay
   4)or for repeated fixed delay execution beginning after the specified delay
   5)or for repeated fixed rate execution beginning at the specified time
   6)or for repeated fixed rate execution beginning after the specified delay

   Timer class uses TimerTask thread and the method calling will be written in the TimerTask's run().

   A Sample program, 

   public class TimerExample  {  
     Timer timer; 
  
  
     public TimerExample ( long seconds )   {  
         timer = new Timer (  ) ; 
         timer.schedule ( new TimerExampleTask (  ) , seconds*1000 ) ; 
      }  
  
  
     class TimerExampleTask extends TimerTask  {  
         public void run (  )   {  
             TimerExample.timerMethod1();
          }  
      }  

      public static void timerMethod1()
      {
          //Logic
      }
  
  
     public static void main ( String args [  ]  )   {  
   System.out.println ( "Task Schedule Started" ) ; 
         new TimerExample ( 40 ) ; 
   System.out.println ( "Task scheduled." ) ; 
      }  
  }  

  In the above class TimerExapmpleTask scheduler will call TimerExample's timerMethod1() for every 40ms(this comes under 3rd category in the above list, i.e. task execution after the specified delay).
  
Thanks & Regards
Soma Raja S.