Black Diamond Brings Ski Manufacturing In-House

New Ski Factory Builds Upon Black Diamond’s Successful
Internal Manufacturing Capabilities

SALT LAKE CITY, Nov. 1, 2012 (GLOBE NEWSWIRE) — Black Diamond, Inc.
(Nasdaq:BDE) (the “Company” or “Black Diamond”), a leading global
provider of outdoor recreation equipment and active lifestyle products,
has established a wholly-owned ski manufacturing factory at its Black
Diamond Equipment Asia operations in Zhuhai, China.

The all-new, 43,000 square foot, state-of-the-art ski factory has begun
to produce salesmen samples of Black Diamond’s 2013-14 ski line,
incorporating new manufacturing processes that are expected to allow
for significant performance enhancements and a higher level of quality
control.

“Our decision to bring Black Diamond’s ski manufacturing in-house
represents a significant expansion of our manufacturing footprint, and
demonstrates our commitment to the category and passion for the sports
we serve,” said Peter Metcalf, president and CEO of Black Diamond. “We
already manufacture approximately 30 to 35 percent of our proprietary
products in-house, so we are confident in our capabilities. We believe
ski manufacturing will allow us to be more responsive to our customers
while maintaining a competitive pricing position and equally important,
sustain, if not improve, the highest level of quality and performance
which is synonymous with the Black Diamond brand.”

Black Diamond’s 2013-14 ski line will include performance
advancements to its signature Formula One Technology(TM) and 3D forming
of rails, and stand out with beautifully executed graphics. Other
details remain confidential at this time.

Mark Ritchie, Black Diamond’s COO, commented: “The construction of this
facility is a prominent addition to our Black Diamond Equipment Asia
campus and advances upon our strategy to invest in and expand our
manufacturing footprint. Its world-class manufacturing capabilities are
expected to allow us to significantly enhance our ski product line,
which we believe will forever change the way the market perceives Black
Diamond skis and our global brand.”

Founded in 2006, Black Diamond Equipment Asia is a wholly-owned
subsidiary of Black Diamond, and is staffed with nearly 200 Black
Diamond employees.

About Black Diamond, Inc.

Black Diamond, Inc. is a global leader in the design, manufacturing and
marketing of innovative active outdoor performance products for
climbing, mountaineering, backpacking, skiing, cycling and other
outdoor recreation activities for a wide range of year-round use. The
Company’s principal brands, Black Diamond(R), Gregory(TM), POC(TM) and
Pieps(TM), are iconic in the active outdoor industry and linked
intrinsically with the modern history of these sports. Black Diamond is
synonymous with performance, innovation, durability and safety that the
outdoor and action sport communities rely on and embrace in their
active lifestyle. Headquartered in Salt Lake City at the base of the
Wasatch Mountains, the Company’s products are created and tested on
some of the best alpine peaks, slopes, crags, roads and trails in the
world. These close connections to the Black Diamond lifestyle enhance
the authenticity of the Company’s brands, inspire product innovation
and strengthen customer loyalty. The Company’s products are sold by
leading specialty retailers in the U.S. and 50 countries around the
world. For additional information, please visit the Company’s websites
at www.blackdiamond-inc.com, www.blackdiamondequipment.com,
www.gregorypacks.com, www.pocsports.com or www.pieps.com.

Forward-Looking Statements

Please note that in this press release we may use words such as
“appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,”
“future,” and similar expressions which constitute forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. 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, but are not limited to, 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. All forward-looking statements included in this
press release are based upon information available to the Company as of
the date of this press release, and speak only as of the date hereof.
We assume no obligation to update any forward-looking statements to
reflect events or circumstances after the date of this press release.