CRDN Ceradyne, Inc. (MM)

Ceradyne, Inc. (Nasdaq:CRDN) Chief Executive Officer Joel P. Moskowitz is scheduled to present at the Needham & Company 10th Annual Growth Conference scheduled for January 8 � 11, 2008 in New York City and will also participate in a panel discussion, �The Solar Power Cost Curve: Driving Down the Cost of a MW of Electricity.� In mid-2007, Ceradyne opened its 98,000 square foot Tianjin, China, facility, which produces high-purity ceramic crucibles required to melt polysilicon for solar panels. Additionally, the company produces crucibles at its Atlanta, Georgia, facility. Executives from GT Solar; JA Solar Holdings; LDK Solar; and Solar Power will join Mr. Moskowitz in the panel discussion moderated by Thomas Maloney, Needham & Company�s Director of Research. Mr. Moskowitz�s presentation is scheduled to begin at 11 a.m. EST on January 8, 2008. The presentation will include a discussion of the Company�s business fundamentals, growth strategies and outlook for 2008. The audio of Mr. Moskowitz�s presentation will be webcast live and made available on Ceradyne�s website at www.ceradyne.com in the Investor Relations section on the Event Calendar page. The presentation audio will also be archived on the website within 24 hours. The one-hour panel discussion, scheduled to begin at 4:30 p.m. EST on January 9, will not be webcast. Ceradyne develops, manufactures, and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel, and commercial applications. Additional information about the Company can be found at www.ceradyne.com. Except for the historical information contained therein, the presentation contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as �anticipates,� �believes,� �plans,� �expects,� �intends,� �future,� and similar expressions are intended to identify forward-looking statements. These risks and uncertainties are described in the Company�s Annual Report on Form 10-K for the fiscal year ended December 31, 2006 and its Quarterly Reports on Form 10-Q as filed with the U.S. Securities and Exchange Commission.