Dynamic Materials Confirms Transfer to the Nasdaq National Market
13 May 2006 - 3:56AM
PR Newswire (US)
BOULDER, Colo., May 12 /PRNewswire-FirstCall/ -- Dynamic Materials
Corporation ("DMC") (NASDAQ:BOOM) confirmed today that its stock
has moved to The Nasdaq National Market. A headline disseminated by
a third party data retrieval service to various news outlets
incorrectly suggested that DMC's stock has been delisted. In fact,
DMC filed a Form 8-K with the Securities and Exchange Commission on
May 11, 2006, to report that its stock listing had been transferred
from The Nasdaq Capital Market to The Nasdaq National Market. DMC
has notified the third party data retrieval service and requested
that it correct the error and any misimpression it may have caused.
About Dynamic Materials Corporation Based in Boulder, Colorado,
Dynamic Materials Corporation is a leading international
metalworking company. Its products include explosion-welded clad
metal plates and other metal fabrications for use in a variety of
industries, including upstream oil and gas, oil refinery,
petrochemicals, hydrometallurgy, aluminum production, shipbuilding,
power generation, industrial refrigeration and similar industries.
The company operates two business segments: Explosive Metalworking,
which uses proprietary explosive processes to fuse different metals
and alloys, and AMK Welding, which utilizes various technologies to
weld components for use in power-generation turbines, as well as
commercial and military jet engines. For more information, visit
the company's website at http://www.dynamicmaterials.com/. Except
for the historical information contained herein, this news release
contains forward-looking statements that involve risks and
uncertainties including, but not limited to, the following: our
ability to obtain new contracts at attractive prices; the size and
timing of customer orders and shipment; fluctuations in customer
demand; changes to customer orders; competitive factors; the timely
completion of contracts; the timing and size of expenditures; the
timely receipt of government approvals and permits; the adequacy of
local labor supplies at our facilities; current or future limits on
manufacturing capacity at our various operations; the availability
and cost of funds; and general economic conditions, both domestic
and foreign, impacting our business and the business of the
end-market users we serve; as well as the other risks detailed from
time to time in the company's SEC reports, including the report on
Form 10-K for the year ended December 31, 2005. DATASOURCE: Dynamic
Materials Corporation CONTACT: Geoff High of Pfeiffer High Investor
Relations, Inc., +1-303-393-7044, for Dynamic Materials Corporation
Web site: http://www.dynamicmaterials.com/
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