Dynamic Materials' President and CEO Yvon Cariou Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Winner in the Rocky

BOULDER, CO (NASDAQ: BOOM), the world's leading provider of explosion-welded clad metal plates, today announced that Yvon P. Cariou, the company's president and chief executive officer, received the Ernst & Young Entrepreneur Of The Year® 2008 Award in the Manufacturing and Energy category in the Rocky Mountain Region. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Mr. Cariou was selected by an independent panel of judges, and the award was presented at an event at the Belmar Center on June 19, 2008.

"I am truly honored to have received this award," Cariou said. "This recognition really belongs to everyone on the Dynamic Materials team whose creativity, enthusiasm and hard work has helped position DMC as the world's dominant player in our industry."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

"Ernst & Young is pleased to honor outstanding business leaders such as Yvon Cariou," said Jim Wilson, Ernst & Young Entrepreneur Of The Year Program Director for the Rocky Mountain Region. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger."

As a Rocky Mountain Region award winner, Cariou is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on Nov. 15, 2008. The awards are the concluding portion of the Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP as a national sponsor. Rocky Mountain Region sponsors include Marsh and Scherzer. Local sponsors include Faegre & Benson, Clifton Gunderson, LeGrand Hart and the Denver Business Journal.

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 oilfield perforating equipment and explosives; 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.

About the Ernst & Young Entrepreneur Of The Year Awards

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

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