Exhibit 99.1


For Immediate Release

Contact:  Mark W. Jarman                      Richard A. Santa
          VP Corporate Development            Chief Financial Officer
          Dynamic Materials Corporation       Dynamic Materials Corporation
          303-604-3923                        303-604-3938


                DYNAMIC MATERIALS ANNOUNCES EXECUTIVE RESIGNATION


(Lafayette,  CO -- August 24,  2000)  Dynamic  Materials  Corporation,  (Nasdaq:
BOOM),  'DMC',  today  announced  that Joseph P. Allwein has  resigned  from the
position of Vice  President and Chief  Operating  Officer  effective  August 23,
2000.


                                      # # #