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KMG CHEMICALS PROVIDES UPDATE ON SUCCESSFUL LAUNCH OF NEW AVENGER® INSECTICIDE EAR TAGHOUSTON, TX – April 24, 2007 – KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider of specialty chemicals in carefully focused markets, today provided an update on the successful launch its new AVENGER® insecticide cattle ear tag. The AVENGER® ear tag is used for the prevention and aid in control of damaging flies and pests in cattle and dairy cows. AVENGER® uses the new Ectoran™ Technology, and represents an entirely new class of chemical never before used in animal health. Neal Butler, KMG’s President and COO, stated “Our 2007 Ear Tag Marketing Program has been very successful with participation by 100% of our distributors. We are beginning to see follow-up orders as early shipments move to the field. We anticipate that AVENGER will become the leading insecticidal ear tag in this, its first year of introduction, and that revenues in our Animal Health segment will exceed $15 million for fiscal 2007, up from $8.7 million last year.” Butler continued, “It is important to keep in mind that our Animal Health sales are seasonally weighted to the second half of our fiscal year. We have been building inventory and receivables associated with this segment of our business, and will continue to do so until our fourth fiscal quarter when payments are due and those receivables convert to cash.” Randy Berry, Business Manager – Animal Health, added, “We believe cattle producers and dairymen who have run into resistance issues with conventional insecticidal ear tags will find AVENGER to be a highly effective ear tag choice that provides season-long protection against a wide variety of pests. With KMG’s launch of AVENGER, we further solidify our position as one of the industry leaders in insecticidal ear tags, building upon the success of our already established Patriot™ ear tag.” KMG entered the insecticide ear tag market with its February 2006 acquisition of the U.S.-based animal health pesticide business of Boehringer Ingelheim. About KMG KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to carefully focused markets. The Company grows by acquiring and managing stable chemical product lines and businesses with established production processes. Its wholly owned subsidiary, KMG Bernuth, Inc. is a global provider of products to the wood treating and agricultural industries. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. ### Contacts:
John V. Sobchak Investor Relations Counsel: |
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