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Element 21 Golf Company Lands Another Top 20 Finish on the PGA Tour, Reports on PGA Tour Activities, and Will Be Present at the 2006 Professional Club Builders Society's (PCS) International Symposium & Expo
Element 21 Golf Company Lands Another Top 20 Finish on the PGA Tour, Reports on PGA Tour Activities, and Will Be Present at the
TORONTO -- (MARKET WIRE) -- 02/28/06 -- Element 21 Golf Company (E21) (OTC BB: EGLF)
reported today that its Scandium Eagle One shafts landed another top 20
finish on the PGA Tour, this time at the Tucson Open held February 23-26 in
Tucson, Arizona.
"We are very pleased with this finish, and the fact that more and more pros
are playing, testing and ordering Scandium shafts," reported Mr. Andy
Harris, E21 Director of Tour Operations. "To date over 80 Tour
professionals have tried Eagle One Scandium shafts. In recent weeks we have
been seeing an increase in interest from top players on the Champions Tour
as the word continues to spread about the performance and tremendous feel
of our shafts. The co-sponsored E21 Tour Van is now at the Ford
Championship at Doral prominently displaying E21's Tour presence.
Scandium Eagle One shafts now have widespread tee box acceptance on Tour,
and I hope to see more top finishes on several tours this year," commented
Mr. Harris.
E21 also announces that it is attending the PCS International Symposium &
Expo taking place March 2-5 in Louisville, Kentucky. The show is the
largest component and aftermarket golf show of the year with close to 300
top club makers in attendance. E21 will have a booth and a hitting area to
display the performance of Scandium shafts, clubs and the E21 Scandium
Shock Driver.
In August 2005, E21 joined the ranks of PCS, and became a corporate
advertiser and an OEM member of the PCS. E21 distributed Scandium
equipment video to the entire PCS community coupled with a free shaft
offer, which generated overwhelming interest of nearly 30% of PCS members
in the USA, Canada and Worldwide.
"Re-shafting of clubs is an important part of the golf industry with close
to 20 million clubs being re-shafted each year," stated Mr. Bill Dey, E21's
Executive Vice President and General Manager. "The Professional club
makers represent a significant portion of this business by working PGA
teaching professionals, tour players, low handicap, aspiring or affluent
golfers. The better players are usually first to try new technologies
regardless of price to entry, and have so far proven to be our company's
better ambassadors and conduits of information to the general public,"
commented Bill Dey.
About the Professional Clubmakers' Society:
The Professional Clubmakers' Society is an independent, non-profit,
international association headquartered in Louisville, Kentucky. As an
independent association, the PCS offers a unique and unbiased structure
from which its members may learn about the latest in golf technology.
Founded in 1989, the PCS is owned and governed by its members, for its
members, and is the only independent certifying body for golf club fitting,
club making and club repair. PCS members gain valuable knowledge from the
bi-monthly PCS Journal, which contains club making tips, marketing
suggestions, member exchanges, research reports and a special pull out
section containing articles and information about the latest in component
equipment and supplies.
About Element 21 Golf Company:
Prior to the end of 2005 PGA Tour an unprecedented number of high-profile
golf professionals have switched or began testing E21's Scandium Eagle One
shafts.
Element 21 Golf Company holds the exclusive rights to proprietary Scandium
Metal Alloy, used in manufacture of the new driver and the Scandium shafts,
as well as a sophisticated multi-technology production path. E21's Scandium
Alloy is 55% lighter and offers 25% strength to weight advantage over
Titanium alloys, which are the current standards of the Golf Equipment
Industry. The advanced dynamics of Scandium and the material economics
offer a performance-enhanced alternative to manufacturing driver clubs with
Titanium, which is by far the largest segment of the annual 4 billion
dollar golf equipment marketplace.
E21 Golf -- The Evolution Is Inevitable!
Forward-Looking Statements
Statements in this release, other than statements of historical fact, may
be regarded, in certain instances, as "forward-looking statements" pursuant
to Section 27A of the Securities Act of 1933 and Section 21B of the
Securities Exchange Act of 1934, respectively. "Forward-looking statements"
are based on expectations, estimates and projections at the time the
statements are made that involve risks and uncertainties which could cause
actual results or events to differ materially from those presently
anticipated. A number of these risks and uncertainties are described in our
reports filed with Securities and Exchange Commissions. There can be no
assurance that such statements will ever prove to be accurate and readers
should not place undue reliance on any such "forward-looking statements"
contained herein.