Universal Stainless To Present At Dahlman Rose Metals, Mining & Materials Conference On November 17th

BRIDGEVILLE, Pa., Nov. 11, 2010 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that Dennis Oates, Chairman, President and Chief Executive Officer, will speak at the Dahlman Rose & Co. 1 ^st Annual Global Metals, Mining & Materials Conference in New York on Wednesday, November 17 from 3:30 to 4:00 p.m. (ET).

The Company will post the slide presentation for this conference in the investor relations section of its website at www.univstainless.com . Dahlman Rose will host a live webcast of the Company's presentation, which can be accessed at http://www.wsw.com/webcast/dahlman6/usap/ and in the investor relations section of the Universal Stainless website at www.univstainless.com . A replay of the event will be available on the Company's web site approximately three hours after the live event and accessible for ninety days.

About Universal Stainless & Alloy Products, Inc.

Universal Stainless & Alloy Products, Inc., headquartered in Bridgeville, Pa., manufactures and markets semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels, in a wide variety of grades, widths and gauges to customer specifications. The Company's products are sold to rerollers, forgers, service centers, original equipment manufacturers and wire redrawers for use in a variety of industries, including aerospace, power generation, petrochemical and heavy equipment manufacturing. Our specialty bar facilities have one of the broadest and diverse size range and product capabilities in the industry. Established in 1994, our experience, technical expertise, and dedicated workforce stand committed to providing the best quality, delivery, and service possible. More information is available at www.univstainless.com.

Forward-Looking Information Safe Harbor

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with the receipt, pricing and timing of future customer orders, risks associated with significant fluctuations that may occur in raw material and energy prices, risks associated with the manufacturing process, labor and production yields, risks related to property, plant and equipment, and risks related to the ultimate outcome of the Company's current and future litigation and regulatory matters. Certain of these risks and other risks are described in the Company's filings with the Securities and Exchange Commission (SEC) over the last 12 months, copies of which are available from the SEC or may be obtained upon request from the Company.

CONTACT:  Universal Stainless & Alloy Products, Inc.
          Dennis M. Oates, Chairman, President & CEO
            [phone]
          Douglas M. McSorley, VP Finance, CFO & Treasurer
            [phone]

          Comm-Partners LLC
          June Filingeri
          [phone]