Dynamic Materials Corporation Appoints Bernard Hueber to Board of Directors
17 June 2006 - 1:40AM
PR Newswire (US)
BOULDER, Colo., June 16 /PRNewswire-FirstCall/ -- Dynamic Materials
Corporation ("DMC") (NASDAQ:BOOM), a leading provider of
explosion-welded clad metal plates and associated services, today
announced that its board of directors has appointed Bernard Hueber
as an independent director. Hueber, 64, rejoins the DMC board after
serving as a director from 2000 to 2005 and as the company's
chairman from 2000 to 2002. He also is the former chairman and CEO
of Nobel Explosifs France, which previously operated DMC's two
European cladding operations prior to their merger with DMC. Hueber
played a key role in orchestrating the 2001 integration of these
businesses. Hueber is currently secretary general of the Federation
of European Explosives Manufacturers, a position he has held since
2002. Since 2003, he also has served as a director of Financiere
Harle Bickford & Cie, which is focused in part on the
development of pyrotechnics for use by the explosives and
automotive industries. Yvon Cariou, DMC's president and CEO, said,
"Bernard provides us with broad-based expertise regarding the
international explosives and explosion-welding industries.
Additionally, he clearly is very familiar with Dynamic Materials
and the leadership position it has established in its industry.
Bernard's contributions will be a true asset to our board and
management team." Hueber is one of five DMC directors, four of whom
are independent. 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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