Contracts Include $8 Million Order for Work on Mid-East Natural Gas Project BOULDER, Colo., Jan. 4 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation (DMC) (NASDAQ:BOOM), the world's leading provider of explosion-welded clad metal plates, today announced that its Explosive Metalworking business recorded $20 million in bookings during December 2006, a new single-month record. The contracts include an $8 million order for work associated with a natural gas project being constructed in the Middle East. Yvon Cariou, president and CEO, said the order reflects the strong demand the company continues to experience from within the oil and gas industry. "More than half of our December orders were related to projects in the energy sector. These orders were coming in at the same time we were producing and delivering clad plates for use in a large Eastern European refinery project. I am pleased to report that during the fourth quarter, we completed all shipments related to this previously announced $11 million contract." Cariou said that even with the robust shipment activity during the fourth quarter, management expects to report a year-end order backlog that is consistent with, or better than, the record $68.5 million figure reported at the end of last year's third quarter. He also said that construction of the building associated with the expansion program at DMC's Mt. Braddock facilities is largely complete, and new equipment will be arriving throughout the first half of the year. The expanded facilities are expected to be operational by the end of the second quarter. DMC expects to report fiscal 2006 fourth quarter and full-year financial results after the market closes on February 22, 2007. Details related to the company's year-end conference call will be provided in a subsequent news release. 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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