Exhibit 99.1

		Material Sciences Corporation 2200 East Pratt Boulevard Elk Grove Village, IL 60007 847-439-2210

MATERIAL SCIENCES ANNOUNCES FISCAL 2014 THIRD QUARTER

FINANCIAL RESULTS

As reported in a separate press release issued today, Material Sciences Corporation has entered into a definitive merger agreement with Zink Acquisition Holdings Inc. and Zink Acquisition Merger Sub Inc., pursuant to which Zink Acquisition Holdings Inc. would acquire all of the outstanding shares of common stock of the Company for $12.75 per share in cash. Zink Acquisition Holdings Inc. and Zink Acquisition Merger Sub Inc. are affiliates of New Star Metals Inc. and Insight Equity Holdings LLC.

ELK GROVE VILLAGE, Ill., – January 9, 2014 – Material Sciences Corporation (NASDAQ: MASC), a leading provider of material-based solutions for acoustical and coated applications, today reported financial results for the fiscal 2014 third quarter ended November 30, 2013.

Fiscal 2014 Third Quarter Results

Net sales for the fiscal 2014 third quarter increased slightly to $30.5 million versus $30.4 million for the same period last year.

Acoustical sales increased $0.8 million to $19.7 million from $18.9 million for the prior fiscal year quarter. The primary drivers for the 4.3 percent increase were higher sales of OE brake products in North America and Europe, overall brake sales in Asia, and small increases in Quiet Steel® sales for body panel and disk drive products. These increases were partially offset by lower sales of engine-related OE automotive products due to end-of-life programs and lower heavy-duty truck demand, as well as lower aftermarket brakes sales in North America.

Sales of coated products declined overall by $0.7 million to $10.8 million from $11.5 million for the prior fiscal year quarter. The 6.0 percent decline in coated sales was due primarily to lower shipments of fuel tank and EG products, and lower ElectroBrite® sales. These lower sales were partially offset by higher coil coating sales for various building product and bakeware applications.

Gross profit, as a percentage of fiscal 2014 third quarter net sales, was 19.9 percent compared to 23.8 percent for the fiscal 2013 third quarter. The primary reasons for the decline were an unfavorable sales mix and higher operating costs associated with lower Walbridge facility utilization, higher unscheduled maintenance downtime and continued inefficiencies due to new product launches and development efforts on our production lines.

For the fiscal 2014 third quarter, selling, general and administrative expenses (“SG&A”), as a percentage of net sales, were 14.6 percent compared to 16.3 percent of net sales in the same period last year. SG&A was $4.5 million for the fiscal 2014 third quarter and $4.9 million for the fiscal 2013 third quarter. The $0.4 million SG&A reduction was mainly due to lower management incentive and workers compensation expenses.

For the three months ended November 30, 2013, MSC’s effective income tax rate was an expense of 36.7 percent compared with an expense of 9.4 percent in the same quarter last year. The lower rate for the three month period ending November 30, 2012 is primarily due to recognition of previously unrecognized tax benefits for tax years which were no longer subject to audit.

Net income for the fiscal 2014 third quarter was $1.1 million, or $0.10 per diluted share, compared with $2.2 million, or $0.21 per diluted share, in the fiscal 2013 third quarter.

Fiscal 2014 Nine Months Results

Net sales for the fiscal 2014 first nine months declined 8.8 percent to $86.8 million versus $95.1 million for the same period last year. Acoustical sales were down $2.1 million or 3.6% and coated products were lower by $6.3 million or 16.9% when compared to the prior year nine month period.

Gross profit was $18.2 million or 20.9 percent of net sales for the nine months ended November 30, 2013, compared to $22.3 million or 23.5 percent of net sales for the same period last fiscal year.

SG&A expenses were $13.9 million or 16.1 percent of net sales for the fiscal 2014 first nine months, compared to $15.4 million, or 16.2 percent of net sales for the same period last fiscal year.

Net income for the fiscal 2014 first nine months was $3.5 million, or $0.33 per diluted share compared with $7.6 million or $0.73 per diluted share in the fiscal 2013 first nine months. As reflected in the table below, adjusting net income for gain on sale of assets in fiscal 2013 and a normalized effective tax rate in both fiscal years, fiscal 2014 nine months adjusted net income was $2.9 million, or $0.28 per diluted share compared to adjusted net income of $5.0 million, or $0.48 per diluted share in the prior year period.

Earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the fiscal 2014 third quarter and nine months, compared to last year’s comparable periods, are presented in the table below (in thousands):

The Company’s balance sheet reflects $39.5 million in total cash (including restricted cash) at November 30, 2013 compared to $37.5 million at February 28, 2013. During the first nine months of fiscal 2014, the Company generated $6.5 million of cash from operating activities compared with $4.5 million during the same period last year mainly due to a reduction in inventory levels and the receipt of a Federal tax refund, partially offset by lower profitability and accelerated defined benefit pension funding. For the nine month period ended November 30, 2013, the Company invested $4.6 million in capital improvement projects, compared with $3.5 million in the same period last year.

Conference Call

As a result of the announcement that the Company has entered into a definitive merger agreement, pursuant to which Zink Acquisition Holdings Inc. would acquire all of the outstanding shares of common stock of the Company for $12.75 per share in cash, the fiscal 2014 third quarter earnings conference call and webcast scheduled for Friday, January 10, 2014 has been cancelled and will not be rescheduled.

About Material Sciences

Material Sciences Corporation is a leading provider of material-based solutions for acoustical and coated applications. The Company uses its expertise in materials, which it leverages through relationships and a network of partners, to solve customer-specific problems. Its stock is traded on the NASDAQ Capital Market under the symbol MASC.

Forward Looking Statements

Except for the historical and present factual information contained here, the matters set forth in this release, including statements identified by words such as “anticipate,” “believe,” “plan,” “expect,” “intend,” “project,” “will,” “potential” and similar expressions, are forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on currently available information and are subject to various risks, uncertainties and other factors that could cause the Company’s actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Except as expressly required by the federal securities laws, Material Sciences undertakes no obligation to update these factors or to publicly announce the results of any of the forward-looking statements contained here to reflect future events, developments, or changed circumstances or for any other reason. These risks and uncertainties, the outcome of which could materially and adversely affect the Company’s financial condition and operations, include, but are not limited to, the following: the loss, or changes in the operations, financial condition, or results of operations of one or more of Material Sciences’ significant customers or suppliers; uncertainty in the industries in which it operates—most significantly the automotive industry, which generates the majority of the Company’s sales; the Company’s ability to respond to competitive factors—including domestic and foreign competition for both acoustical and coated applications, and pricing pressures; the rate of acceptance of its acoustical products for brake shims, engine components and body panel parts by vehicle manufacturers in North America, Europe and Asia; changes in vehicle production levels or the loss of business with respect to a vehicle model for which it is a significant supplier; the Company’s ability to provide cost-effective solutions to our customers’ mass reduction challenges; supply shortages or price increases in raw material, energy and commodities; labor disputes involving Material Sciences or its significant customers or suppliers; the Company’s ability to retain key personnel; environmental and other risks, costs, recoveries and penalties associated with past and present manufacturing operations; and other factors, risks and uncertainties identified in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended February 28, 2013, filed with the Securities and Exchange Commission, and from time to time in other reports filed with the Securities and Exchange Commission. See also the press release the Company issued today regarding the proposed transaction with Zink Acquisition Holdings Inc. for risks, uncertainties and other factors relating to this transaction.

* EBITDA Definition

EBITDA is a non-GAAP calculation, although it is based on numbers included in income statements based on GAAP. Management believes that EBITDA is an important metric used by investors and analysts to review Material Sciences’ historical results. It should be considered as an addition — not as an alternative — to net income or operating income as an indicator of the Company’s operating performance, or operating cash flows for measuring liquidity.

Additional information about Material Sciences is available at www.matsci.com.

FINANCIAL TABLES FOLLOW

Condensed Consolidated Statements of Operations (Unaudited)

Material Sciences Corporation and Subsidiaries

Condensed Consolidated Balance Sheets

Material Sciences Corporation and Subsidiaries

Condensed Consolidated Statements of Cash Flows (Unaudited)

Material Sciences Corporation and Subsidiaries