HOUSTON, TX--(Marketwired - May 4, 2015) - OFFSHORE TECHNOLOGY CONFERENCE -- DynaEnergetics, a business of Dynamic Materials Corporation (NASDAQ: BOOM) and a leading supplier of advanced well perforating systems for the oil and gas industry, today announced it has entered a distribution agreement with W.T. Bell International, a manufacturer of high-technology cutting tools for pipe recovery operations. 

Under the agreement, DynaEnergetics becomes the exclusive global distributor of W.T. Bell's product portfolio, which includes a broad spectrum of explosive cutting tools for both offshore and land-based operations. The products will be sold across DynaEnergetics' global sales and distribution network -- the most expansive in the perforating industry.

Ian Grieves, president of DynaEnergetics, said, "This agreement expands our product offering with a line of mission critical tools that deliver the same high-performance and reliability standards the market has come to expect from DynaEnergetics. The W.T. Bell and DynaEnergetics product lines are highly complementary, both in application and reliability, which will provide significant benefits and purchasing efficiencies to our customers. Given our mutual focus on R&D and product line advancement, we look forward to exploring opportunities that could expand and enhance our respective offerings." 

William T. "Bill" Bell, owner of W.T. Bell International, said, "This agreement gives us access to a much larger network of prospective customers, and the support of DynaEnergetics' global sales force. W.T. Bell International has built its reputation on providing highly advanced and reliable oilfield tools, and this philosophy aligns perfectly with that of DynaEnergetics. We look forward to a long and productive partnership."

About DynaEnergetics
DynaEnergetics' innovative perforating systems make a measureable impact on well productivity, completion cost and safety. As the only global perforating manufacturer that designs, manufactures and qualifies all of its equipment and accessories in-house, DynaEnergetics ensures unmatched performance and the lowest total cost of operations. More at www.DynaEnergetics.com

About W.T. Bell International
Since inception in 2003, W.T. Bell International has provided the oil and gas industry an ever-expanding portfolio of premium cutting tools for pipe recovery operations. Based in Houston, the Company was founded by William T. "Bill" Bell, a pioneer in the perforating industry who in 1978 led the start up the Perforating Center for Schlumberger, the world's largest oilfield service company.

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Ian Grieves
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