CARBO Announces Sigmund L. Cornelius Elected to Board of Directors

HOUSTON, Nov. 17 /PRNewswire-FirstCall/ -- CARBO Ceramics Inc. (NYSE: CRR) today announced the company's board of directors ("Board") elected Sigmund L. Cornelius as an additional member of the Board.

Mr. Cornelius is the Senior Vice President, Finance and Chief Financial Officer of ConocoPhillips and has over 25 years of experience in the oil and natural gas industry. Mr. Cornelius has also been appointed to the Compensation, Audit and Nominating and Corporate Governance Committees of the Board.

"We are pleased with the addition of Sig to our Board and look forward to gaining the value of his experience in the energy industry," said Gary Kolstad, President and CEO. "He brings a wealth of expertise in global operations and has a deep understanding of finance and accounting principles," concluded Mr. Kolstad.

CARBO is the world's largest supplier of ceramic proppant, the provider of the world's most popular fracture simulation software, and provides leading fracture design and consulting services. The Company also provides a broad range of technologies for spill prevention, containment and geotechnical monitoring.

The statements in this news release that are not historical statements, including statements regarding our future financial and operating performance, are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based on management's current expectations and estimates, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Among these factors are changes in overall economic conditions, changes in demand and prices charged for our products, changes in the demand for, or price of, oil and natural gas, risks of increased competition, technological, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, the risks of war and international and domestic terrorism, risks associated with foreign operations and foreign currency exchange rates and controls, weather-related risks and other risks and uncertainties described in our publicly available filings with the Securities and Exchange Commission. We assume no obligation to update forward-looking statements, except as required by law.

SOURCE CARBO Ceramics Inc.

RELATED LINKS
http://www.carboceramics.com