Black Diamond Expects Record 2012 Sales of Approximately $175.5 Million, Up Approximately 20%

Black Diamond Expects Record 2012 Sales of Approximately $175.5 Million, Up
Approximately 20%

   - 2013 Sales Expected to Range Between $216 Million and $221 Million, an
                           Increaseof 23% to 26% -

- Management Provides Positive Outlook for 2013, Hosts Investor Call Today at
                                5:00 p.m. ET -

SALT LAKE CITY, Feb. 14, 2013 (GLOBE NEWSWIRE) -- Black Diamond, Inc.
(Nasdaq:BDE) (the "Company" or "Black Diamond"), a global leadingsupplier of
innovative, high performance, outdoor and action sport equipment as well as
aspirational active outdoor lifestyle products, reported preliminary results
for the fourth quarter and full year ended December 31, 2012. The Company has
also provided its outlook for 2013.

Based on preliminary unaudited information, Black Diamond expects to report
fourth quarter 2012 total sales of approximately $48.4 million,
upapproximately 33% from $36.3 million in the year-ago quarter. The increase
was primarily attributed to the contribution of POC Sweden AB ("POC") and
PIEPS Holding GmbH ("PIEPS") and their respective subsidiaries, which were
acquired in the second half of 2012.Total sales wereoffset by $0.4 million
of inventory repurchased and not recognized as revenue from Gregory Mountain
Products' Japanese distributor, Kabushiki Kaisha A&F("A&F"), as part of the
A&F distribution agreement.

For the year ended December 31, 2012, Black Diamond expects to report total
sales ofapproximately $175.5 million, upapproximately 20% from $145.8
million in 2011. The growth in sales was supported by the introduction of new
and innovative products, as well as the addition of POC and PIEPS. Total sales
were offset by $1.0 million of inventory repurchased as part of the previously
mentioned A&F distribution agreement.

Gross margin in the fourth quarter of 2012 is expected to be around 36.0%
compared to 39.2% in the year-ago quarter. Gross margin in the fourth quarter
of 2012 includes approximately $1.2 million (or 2.5% of expected total sales)
for inventory fair value of purchase accounting adjustments related to the
acquisitions of POC and PIEPS. In connection with the Company's conference
call announcing actual results for the fourth quarter and full year 2012, the
Company expects to present a reconciliation table of adjusted gross margin
excluding these purchase accounting adjustments fromits fourth quarter of
2012 financial results, and anticipates adjusted gross margin to experience a
small decline from the year-ago quarter, primarily due to a higher level of
discount activity in response to a challenging start to the 2012 winter

Gross margin for the full year of 2012 is expected to be around 38.0% compared
to 38.7% in 2011. Gross margin in 2012 includes approximately $2.3 million (or
1.3% of expected total sales) for the previously mentioned purchase accounting
adjustments. In connection with the Company's conference call announcing
actual results for the fourth quarter and full year 2012, the Company expects
to present a reconciliation table of adjusted gross margin excluding these
purchase accounting adjustments fromits full year 2012 financial results, and
anticipates adjusted gross margin will reflect an improvement from 2011
primarily attributed to the shift in mix toward higher margin products as well
as the inclusion of both POC and PIEPS.

"2012 was a milestone year for Black Diamond as we initiated our acquisition
strategy, successfully introduced our new apparel line to the trade and
assumed greater control over our manufacturing and distribution," said Peter
Metcalf, president and CEO of Black Diamond. "While we achieved record sales,
they were affected by the mild winter weather in North America during the
holiday shopping season, adding to existing economic uncertainties in both the
U.S. and Europe that made for a more cautious consumer.

"Despite these macro headwinds, Black Diamond gained market share in a
majority of our product categories, which reflects the proactive investments
we've been making in our infrastructure and professional talent. Towards the
end of 2012, the North American winter returned to more typical conditions,
and similarly, the consumer has returned to purchase more of our seasonal
products. Meanwhile, our early spring 2013 bookings have been strong.

"In 2013," concluded Metcalf, "we will continue to invest in our strategic
growth initiatives. This includes the next two seasonal launches of our
apparel line and further development of our new ski manufacturing facility.
These initiatives, among others, are designed to support substantially greater
revenue, which we believe will increase our operating leverage and accelerate
earnings in the coming years. As one of the most respected and leading outdoor
equipment companies in the world, we remain on track to achieve our long-term
growth targets."

Management will provide complete fourth quarter and full year 2012 results in
a press release and conference call, which will be announced at a later date.

2013 Outlook

Black Diamond expects fiscal year 2013 sales to range between $216 million to
$221 million, which would represent an increase ofapproximately 23% to 26%
from the expected 2012 sales. The Company also expects gross margin in fiscal
year 2013 to range between 40.0% and 41.0%.

Conference Call

Black Diamond will hold a conference call today at 5:00 p.m. Eastern time to
discuss its preliminary 2012 results and 2013 outlook.

The Company's President and CEO Peter Metcalf and CFO Robert Peay will host
the conference call, followed by a question and answer period.

Date: Thursday, February 14, 2013
Time: 5:00 p.m. Eastern time (3:00 p.m. Mountain time)
Dial-In Number: 1-877-941-4774
International: 1-480-629-9760
Conference ID#: 4592158

Please call the conference telephone number 5-10 minutes prior to the start
time. An operator will register your name and organization. If you have any
difficulty connecting with the conference call, please contact Liolios Group
at 1-949-574-3860.

The conference call will be broadcast live and available for replay at and via the investor relations
section at

A replay of the conference call will be available after 8:00 p.m. Eastern time
on the same day through February 28, 2013.

Toll-free replay number: 1-877-870-5176
International replay number: 1-858-384-5517
Replay #: 4592158

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^®, Gregory™, POC™ and PIEPS™, 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,,, or

Use of Non-GAAP Measures

The Company reports its financial results in accordance with U.S. generally
accepted accounting principles ("GAAP"). This press release contains the
non-GAAP measure: adjusted gross margin. The Company also believes that
presentation of certain non-GAAP measures, i.e.: adjusted gross margin,
provide useful information for the understanding of its ongoing operations and
enables investors to focus on period-over-period operating performance, and
thereby enhances the user's overall understanding of the Company's current
financial performance relative to past performance and provides, to the
nearest GAAP measures, a better baseline for modeling future earnings
expectations. The Company defines adjusted gross margin to mean gross margin
plus the impacts related to the sale of inventory that was recorded at fair
value in purchase accounting. The Company cautions that non-GAAP measures
should be considered in addition to, but not as a substitute for, the
Company's reported GAAP results. Additionally, the Company notes that there
can be no assurance that the above referenced non-GAAP financial measure is
comparable to similarly titled financial measures used by other publicly
traded companies.

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 exposure to
product liability or product warranty claims and other loss contingencies;
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.

CONTACT: Company Contact:

         Warren B. Kanders
         Executive Chairman
         Tel 1-203-428-2000
         Peter Metcalf
         Chief Executive Officer
         Tel 1-801-278-5552
         Investor Relations:

         Liolios Group, Inc.
         Scott Liolios or Cody Slach
         Tel 1-949-574-3860

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