March 7 (Reuters) - Drilling Tools International Corp ( DTI )

:

* DRILLING TOOLS INTERNATIONAL CORP. ( DTI ) TO ACQUIRE SUPERIOR

DRILLING

PRODUCTS, INC.

* DRILLING TOOLS INTERNATIONAL CORP ( DTI ): PROPOSED DEAL FOR ABOUT

$32.2

MILLION PAYABLE IN CASH AND DTI STOCK

* DRILLING TOOLS INTERNATIONAL ( DTI ) - TRANSACTION UNANIMOUSLY

APPROVED

BY BOARD OF DIRECTORS OF DTI, SDP AND A SPECIAL COMMITTEE OF

BOARD OF DIRECTORS OF SDP

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