Dynamic Materials' Evaluation of Goodwill Reveals No Impairment at Company's Oilfield Products Segment

  Dynamic Materials Corporation (DMC) (NASDAQ: BOOM), the world's leading provider of explosion-welded clad metal plates,
today reported that the previously disclosed evaluation of goodwill
associated with the Company's Oilfield Products segment has determined that
there was no goodwill impairment during the fiscal year ended December 31,
2008.

Additional information regarding the recent goodwill testing process, as well as planned future evaluations, is available in the Company's fiscal 2008 annual report on Form 10-K, which was filed today with the Securities and Exchange Commission.

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 oil and gas, petrochemicals, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration and similar industries. The Company operates three business segments: Explosive Metalworking, which uses proprietary explosive processes to fuse different metals and alloys; Oilfield Products, which manufactures, markets and sells specialized explosive components and systems used to perforate oil and gas wells; 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 websites at http://www.dynamicmaterials.com and http://www.dynaenergetics.de.

CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High 303-393-7044