December 20, 2006

Virginia Beach Town Center to Feature SlenderWall

Midland, VA - Smith-Midland Corp., the manufacturer of the SlenderWall architectural precast concrete panel system, announces its involvement in the construction of The Westin Hotel & Residences, at the Virginia Beach Town Center.

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The SlenderWall component of the contract awarded to Smith-Midland Corp. is valued at more than $3 million and features 420 exterior panels with 84,300 square feet of panel area.

The more than $80 million tower will be the tallest building in the state of Virginia at 525 feet. The 903,000 square-foot project will be a major anchor of the Virginia Beach Town Center, which is being developed and constructed by Armada Hoffler Co. The 38-story mixed-use building will feature 41,000 square feet of retail space on the first floor, five parking levels, a 236-room Westin hotel with 25,000 square feet of conference space, and the Westin Virginia Beach Residences, upscale condominiums encompassing the building’s top 21 floors.

"The owner chose SlenderWall because he wanted a maintenance free exterior for such a tall building," said Ashley Smith, Smith-Midland Corp. vice president for sales and marketing. "This is especially important so close to the coast, where the salt-water environment and the potential for high winds are key considerations."

The SlenderWall architectural precast concrete panels being used in the project are a buff color with a smooth acid wash finish and dark brown accents. Concrete work began on the project in April 2006. Panel installation is scheduled to be completed in the first quarter of 2007, with completion of the building scheduled for early 2007.

SlenderWall combines time-proven components to create a permanent, light weight wall system for both new construction and recladding projects. Architectural precast concrete, insulated Nelson anchors and heavy-gauge stainless or galvanized steel studs create a single, efficient exterior wall system with unlimited design freedom. Due to the exclusive “lift-and-release” panel landing system of SlenderWall , installation time and costs can be reduced by 50%.

Only SlenderWall offers the latest DuraFlex 360° technology. This technology is the only 2” wall connection system that meets AAMA 501.4-2000, the Interstory Differential Movement vertical and horizontal displacement test. DuraFlex 360° allows isolation from the exterior precast concrete skin and the structural stresses associated with wind loading, steel frame movement, expansion & contraction and seismic shock.

Smith-Midland Corporation is a publicly traded company (OTC BB: SMID, SMIWC; 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. For additional information about the SlenderWall Architectural Precast Concrete Panel System, visit www.SlenderWall.com.

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