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BOOM DMC Global Inc

14.08
0.04 (0.28%)
27 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DMC Global Inc NASDAQ:BOOM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.28% 14.08 13.74 14.42 14.36 13.95 14.20 142,541 01:00:00

Dynamic Materials Named Colorado's Fastest Growing Public Company by the Denver Business Journal

12/10/2005 2:00pm

PR Newswire (US)


DMC Global (NASDAQ:BOOM)
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Selection Based on Two-year Net Income Growth BOULDER, Colo., Oct. 12 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation (DMC) (NASDAQ:BOOM), the world's leading provider of explosion- welded clad metal plates and associated services, today announced it has been named the fastest growing public company in Colorado by the Denver Business Journal (DBJ), a leading weekly business publication circulated to more than 14,000 paying subscribers. The DBJ used net income growth over the two-year period from 2002 to 2004 as its selection criteria. Dynamic Materials reported bottom-line growth of 1,566 percent during the period. The number-two company achieved a net income increase of 806 percent during the same timeframe. Yvon Cariou, president and CEO of DMC, said, "This award is a tribute to the efforts of a talented and dedicated workforce. The entire DMC team has been very focused on growing our business, maintaining our leadership position in the explosion welding industry, and enhancing shareholder value. It is gratifying to be recognized for our efforts." About Dynamic Materials Corporation Based in Boulder, Colorado, Dynamic Materials Corporation is a leading international metalworking company. Its products include explosion-welded clad metal plates and other metal fabrications for use in a variety of industries, including petrochemicals, refining, hydrometallurgy, aluminum smelting and shipbuilding. The company operates two business segments: the Explosive Metalworking Group, which uses proprietary explosive processes to fuse dissimilar 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. With more than 30 years of international experience, DMC has captured a commanding share of the worldwide market for explosion-welded clad metals. 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: the ability to obtain new contracts at attractive prices; the size and timing of customer orders; fluctuations in customer demand; 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 the company's facilities; the availability and cost of funds; and general economic conditions, both domestically and abroad; 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, 2004. 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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