BALCHEM CORPORATION ANNOUNCES FIRST QUARTER 2006 RESULTS

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Record net sales of $24.6 million were achieved for the quarter ended March 31, 2006. This is an increase of 27.2% above the $19.3 million result of the prior year comparable quarter. Net earnings for the first quarter were $2.9 million, an increase of $0.3 million, or 11.3% as compared with the same period last year, and includes a $0.25 million expense recognizing the impact of SFAS 123R (equity based compensation) for the first time.

PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-01-2006/0004351279&EDATE=)