Smith-Midland Corporation (OTCBB:SMID) announced the Company reported total revenue of approximately $9.0 million for the three months ended September 30, 2010, and pre-tax earnings of $1.4 million, as compared to total revenue of $7.6 million and pre-tax earnings of $763,000 for the same period in 2009. The Company had net income of $901,000 for the three months ended September 30, 2010, as compared to net income of $491,000 for the same period in 2009. Fully diluted earnings per share were $.19 for the three months ended September 30, 2010 and $.10 for the same period in 2009.

For the nine months ended September 30, 2010, the Company reported total revenue of $23.0 million and pre-tax earnings of $3.1 million as compared to total revenue of $24.3 million and pre-tax earnings of $3.5 million for the same period in 2009. The Company had net income of $1.9 million for the nine months ended September 31, 2010, as compared to net income of $2.1 for the same period in 2009. Fully diluted earnings per share were $.40 for the nine months ended September 30, 2010 and $.45 for the same period in 2009.

Rodney Smith, Chairman and CEO, said, “Smith-Midland is pleased to report excellent earnings for the three and nine months periods ended September 30, 2010. Having just recently celebrated our 50 th anniversary as a leading provider of precast products in North America, we expect to continue on our strong earnings trend throughout the remainder of 2010. The Company’s significant profitability is a result of its commitment to R&D, product diversification and its lean manufacturing initiative. Our earnings set us apart at a time when the precast industry, as a whole, is struggling.”

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries.

This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

For more complete information on Smith-Midland Corporation, visit the Company’s web site at SMITHDELAWARE.com.

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