Dayton Superior Corporation Announces Acquisition of Cempro, Inc.

DAYTON, Ohio--(BUSINESS WIRE)--Jan. 12, 1999--Dayton Superior Corporation (NYSE:DSD) today announced the acquisition of the assets of Cempro, Inc. Cempro is a manufacturer of blended cementitious chemical products used in the construction market and is located in Bethlehem, Pennsylvania, with sales of $5 million in 1998. This acquisition which will add to the company's growing construction chemical business, is expected to be slightly accretive to Dayton Superior's earnings per share in the current year.

Dayton Superior President and Chief Executive Officer, John A. Ciccarelli, said: "Cempro is a logical fit with our expanding chemical operations and extends our geographic scope as well. Acquisitions are a critical part of our growth strategy and we continue to pursue new business opportunities and acquisitions that enhance shareholder value."

Dayton Superior Corporation is the largest North American manufacturer and distributor of metal accessories and forms used in concrete construction and metal accessories used in masonry construction and has an expanding construction chemicals business. The Company's products, which are marketed under the Dayton/Richmond(R), Symons(R), American Highway Technology(R) and Dur-O-Wal(R) names, among others, are used primarily in two segments of the construction industry: non-residential buildings and infrastructure construction projects.

Note: Certain statements made herein concerning anticipated future performance are forward-looking statements. These forward-looking statements are based on estimates, projections, beliefs and assumptions of management and are not guarantees of future performance. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of important factors. Representative examples of these factors include (without limitation) the cyclical nature of nonresidential building and infrastructure construction activity, which can be affected by factors outside Dayton Superior's control such as the general economy, governmental expenditures and changes in banking and tax laws; Dayton Superior's ability to successfully integrate the Cempro acquisition on a timely basis; and the seasonality of the construction industry. This list of factors is not intended to be exhaustive, and additional information concerning relevant risk factors can be found in Dayton Superior's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.