Exhibit 99.1
For Immediate Release
Contact: |
Richard A. Santa |
|
Vice President and Chief Financial Officer |
|
Dynamic Materials Corporation |
|
303-604-3938 |
DMC COMPLETES DIVESTITURE OF SPIN FORGE
(Boulder, CO September 20, 2004) Dynamic Materials Corporation, (Nasdaq: BOOM), DMC, today announced that it has completed the divestiture of its Spin Forge Division, which manufactures certain rocket motors and pressure tanks.
Based in Boulder, Colorado, Dynamic Materials Corporation is a leading metalworking company, and its products include explosion bonded clad metal plates and other metal fabrications for the petrochemical, chemical processing, power generation, commercial aircraft, defense and a variety of other industries.
For more information on Dynamic Materials Corporation
visit the Companys web site at http://www.dynamicmaterials.com