Smith-Midland® Corp. Announces Results for the Quarter Ended June 30, 2007, With 24% Revenue Increase and $1,178,923 Pre-Tax Net IncomeMIDLAND, VA — Smith-Midland® Corporation (OTCBB and Boston Stock Exchange:SMID) announced increased revenue of $1,535,954, or 24%, and increased pre-tax income of $697,332, for the quarter ended June 30, 2007 as compared to the same period of 2006. Total revenue was $7,898,945 for the quarter ended June 30, 2007, compared to total revenue of $6,362,991 for the same quarter of 2006. The Company had pre-tax income of $539,695 for the quarter ended June 30, 2007, compared to a pre-tax loss of $157,637 for the same quarter of 2006. Total revenue was $16,386,629 for the six months ended June 30, 2007, compared to total revenue of $13,360,159 for the same period of 2006. The Company had pre-tax income of $1,178,923 for the six months ended June 30, 2007, compared to a pre-tax income of $177,491 for the same period of 2006. “The results for the first six months of 2007 represent record high revenues and pre-tax net income for the Company,” said Lawrence Crews, CFO for the Company. “We are excited by the progress in every division of the Company and look forward to the second half.” Smith-Midland® develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries. Smith-Midland® has two manufacturing facilities located in Midland, VA, and Reidsville, NC. Easi-Set® Industries, a wholly owned subsidiary of Smith-Midland® Corporation, licenses Smith-Midland developed products throughout North America, Europe, South America, and Australia. Easi-Set Industries currently has 39 precast concrete product licensees worldwide. Boston Stock Exchange: SMM, SMM/W). Smith-Midland® develops, manufactures and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries. Smith-Midland® has two manufacturing facilities located in Midland, Va. and Reidsville, N.C.. Easi-Set® Industries, a wholly owned subsidiary of Smith-Midland® Corporation, licenses the production of Smith-Midland® developed products around the world. For more information please call (540) 439-3266 or visit www.SmithMidland.com. SMITH-MIDLAND® CORPORATION AND SUBSIDIARIES
Contact: Lawrence R. Crews, CFO (540) 439-3266
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