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Black Diamond Prices Public Offering
of Common Stock

The offering is expected to close on or about February 22, 2012

Black Diamond, Inc. Press Release

FlashlightNews.org - 2/17/2012

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Black Diamond, Inc.

Black Diamond, Inc.

SALT LAKE CITY, Ut. - Black Diamond, Inc. (Nasdaq: BDE) (the "Company" or "Black Diamond") announced the pricing of a public offering of 7,750,000 shares of common stock, par value $0.0001 per share, all offered by Black Diamond in a primary offering, at $7.50 per share. The offering is expected to close on or about February 22, 2012.

Piper Jaffray & Co. is acting as sole book runner, and Wm Smith & Co. is acting as co-manager for the offering. Black Diamond has granted the underwriters a 30-day option to purchase up to an aggregate of 1,162,500 additional shares of common stock. Black Diamond anticipates using the net proceeds of the offering for general corporate purposes, including repayment of debt, capital expenditures and potential acquisitions.

The securities described above are being offered by Black Diamond pursuant to a shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission (the "SEC") on February 1, 2011. A preliminary prospectus supplement related to the offering has been filed with the SEC and is available on the SEC's website at sec.gov. Copies of the final prospectus supplement and accompanying prospectus relating to these securities may also be obtained, when available, from Piper Jaffray & Co., 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, or email prospectus@pjc.com, or by telephone at (800) 747-3924.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

For more information about Black Diamond Equipment, visit the company's web site at: blackdiamondequipment.com.

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