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Black Diamond, Inc. Announces $125 Million Preliminary Pro Forma Sales For FY2010

Forward Looking Statements

Certain statements included in this release are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements in this release include the overall level of consumer spending on our products; general economic conditions and other factors affecting consumer confidence; disruption and volatility in the global capital and credit markets; the financial strength of the Company's customers; the Company's ability to implement its growth strategy; the Company's ability to successfully integrate and grow acquisitions; the Company's ability to maintain the strength and security of its information technology systems; stability of the Company's manufacturing facilities and foreign suppliers; the Company's ability to protect trademarks and other intellectual property rights; fluctuations in the price, availability and quality of raw materials and contracted products; foreign currency fluctuations; our ability to utilize our net operating loss carryforwards; and legal, regulatory, political and economic risks in international markets. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

         
RECONCILIATION FROM CONSOLIDATED SALES TO PRO FORMA SALES
(in millions)
 
THREE MONTHS ENDED
 
December 31, 2010   December 31, 2009
 
Consolidated sales as reported $ -
Sales for Predecessor three months
ended 12/31/09 27
Sales for Gregory three months
    ended 12/31/09   4
Consolidated sales as reported $ 34 Proforma sales $ 31
 
TWELVE MONTHS ENDED
 
December 31, 2010   December 31, 2009
 
Consolidated sales as reported $ 76 Consolidated sales as reported $ -
Sales for Predecessor five months Sales for Predecessor twelve months
ended 5/28/10 35 ended 12/31/09 88
Sales for Gregory five months Sales for Gregory twelve months
ended 5/28/10   14 ended 12/31/09   26
Proforma sales $ 125 Proforma sales $ 114




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