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Press Release - July 2, 2008

Daniel O’Donnell Joins Centric Alloys

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Stainless & nickel alloy provider Centric Alloys Corp. welcomes Daniel O’Donnell to its team. Mr. O’Donnell will serve in both an advisory capacity to the Board and take on business development responsibilities. For Centric Alloys, this enrichment of the management team will amplify the company plans to expand its core product lines. Mr. O’Donnell served as President & CEO of Ugitech USA until mid 2007. Over his accomplished career, Mr. O’Donnell held various commercial and management positions and began his metals industry career with Peter A. Frasse & Co.

Centric Alloys believes this move to enhance product development will superbly compliment the partnership announced earlier this year between Centric Alloys and ArcelorMittal Stainless & Nickel Alloys. “We are thrilled to have Dan on board. Dan has the expertise and people skills to leverage strategic supplier relationships, not to mention his wealth of experience with 40 years in the specialty steel industry. I really like the fact that he wants to develop business in a way that is consistent with the company core beliefs of being customer-centric while valuing our people. I know that Dan will work great with our talented team in providing valued products and services to our distinguished customers,” says Michael Walsh, President of Centric Alloys.

About Centric Alloys Corporation

Centric Alloys, based in Doylestown, Pennsylvania, sells and distributes specialty alloys, stainless steels, and aluminum products.

About ArcelorMittal

ArcelorMittal is the world’s number one steel company with 320,000 employees in more than 60 countries. It is the global leader in all major consuming markets.

Centric Alloys Corp. 250 Wood Street Doylestown, PA 18901 Toll Free: 1-888-392-5569 Office Phone 1-215-345-5129
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