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Clarus Corporation Changes Name
to Black Diamond, Inc.

Company stock ticker symbol, BDE, and listing on The NASDAQ Global Market would not be affected by this change

Black Diamond, Inc. Press Release

FlashlightNews.org - 2/25/2011


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Black Diamond, Inc.

Black Diamond, Inc.

SALT LAKE CITY, Ut. - Clarus Corporation (NASDAQ: BDE) (the "Company"), a leading provider of outdoor equipment and lifestyle products, announced yesterday that, at a special meeting of stockholders held on January 20, 2011, the Company's stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation to change the Company's name from Clarus Corporation to Black Diamond, Inc.

The Company noted that its stock ticker symbol, BDE, and listing on The NASDAQ Global Market would not be affected by this change.

Peter Metcalf, Chief Executive Officer of Black Diamond, Inc., commented, "We are very proud and pleased that our Company, which we believe will ultimately encompass many brands and serve many outdoor communities, will bear the name of Black Diamond. Over the past three decades, we have worked to make that name synonymous with sports we serve and the lifestyles we represent. We are excited to carry that ethos forward into a larger, more capable organization and believe it is an essential aspect of our leadership position in the outdoor marketplace."

About Black Diamond, Inc.

Black Diamond, Inc. is a leading provider of outdoor recreation equipment and active lifestyle products. The Company's principal brands are Black Diamond™ and Gregory Mountain Products®. The Company develops, manufactures and globally distributes a broad range of products including: rock-climbing equipment (such as carabiners, protection devices, harnesses, belay and devices, helmets, ice-climbing gear), technical backpacks and high-end day packs, tents, trekking poles, headlamps and lanterns, gloves and mittens, skis, ski bindings, ski boots, ski skins and avalanche safety equipment.

Headquartered in Salt Lake City, Utah, the Company has more than 475 employees worldwide, with ISO 9001 manufacturing facilities both in Salt Lake City and Southeast China as well as a sewing plant in Calexico, California, distribution centers in Utah and Southeast China, a marketing office in Yokohama, Japan, and a fully owned sales, marketing and distribution operation for Europe, located near Basel, Switzerland.

For more information about us and our brands, please visit blackdiamond-inc.com, blackdiamondequipment.com, and gregorypacks.com.





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