Order Represents Largest Contract in Company History BOULDER, Colo., May 24 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation (DMC) (NASDAQ:BOOM), the world's leading provider of explosion-welded clad metal plates and associated services, today announced that its Explosive Metalworking business has received an $11 million contract calling for the delivery of clad metal plates for use in a major refinery project in Eastern Europe. The plates, which will be used in the production of pressure vessels, will be produced by DMC's France-based Nobelclad operations. The majority of the order is scheduled for delivery during the fourth quarter of 2006. Yvon Cariou, president and CEO of DMC, said, "This contract is another indication of the significant capital expenditures being made throughout the worldwide energy industry, as producers work to expand capacity. Clad metals play an important role in the highly corrosive refining process, and we are benefiting from a significant, broad-based increase in demand. This order stands as the largest contract Dynamic Materials has ever received." About Dynamic Materials Corporation Based in Boulder, Colorado, Dynamic Materials Corporation is a leading international metalworking company. Its products, which are typically used in industrial capital projects, 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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