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Element 21 Golf’s Scandium Driver Receives USGA Approval

January 5, 2006

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TORONTO – January 4, 2006 – Element 21 Golf Company (E21) is pleased to report that the Company has received confirmation from the United States Golf Association (USGA) that its Scandium driver is compliant with the USGA’s Rules Of Golf.

"The USGA ruling and the arrival of our new products for the PGA show provide for a great start to 2006", stated E21 President and CEO, Dr. Nataliya Hearn. "Over the next several weeks we will be sending product to our sales representatives in preparation for the spring buying season. We are also in the process of filling initial pre-orders and sending samples to several other golf companies and to several PGA Tour professionals. As Scandium is an extremely difficult material to work with I commend our product engineers, designers and manufacture for their efforts to get our driver completed. We have spent considerable time and resources establishing an exclusive and proprietary production path for our driver".

The Scandium driver technology represents a significant departure from the prevailing titanium driver construction technology, and offers balanced moments of inertia and an unprecedented sweet spot. This results in very tight dispersion even for an off center shots and a notable increase in distance. One player called it "Control You Can Feel, Distance You Can Seeâ?¢.

The driver market in the USA, valued at over $1 billion in annually, represents close to 50% of all golf equipment sales. Even with the increase in titanium alloy raw material costs of about $20/lbs, it is believed that hundreds of thousands of pounds of titanium is converted to driver clubs every month. At these high prices and with the added benefits of Scandium’s performance enhancing features, E21 expects to be in a position to manufacture components for other OEM and license component manufacturers to work with its alloys.

About Element 21 Golf Company:

Prior to the end of the 2005 PGA Tour season, an unprecedented number of high profile golf professionals had switched or began testing E21’s Scandium Eagle One shafts. Element 21 is utilizing its experience working with advanced Scandium metal alloys to introduce this unique space-age material to the golf industry. Scandium alloys were originally developed for application in aerospace application including MiG series fighter jets, leading-edge missile applications, and the International Space Station.

Scandium metal alloy clubs represent the first new innovation in golf clubs in decades. Scandium provides significant increases in distance as well as accuracy and consistency. Due to Scandium’s advanced composition, coupled with numerous design innovations, these clubs offer improved feel while reducing shock transfer to the player’s hands.

Powered by Scandium, E21 Golf — The Evolution Is Inevitable!

Media members interested in testing any of the Element 21 Golf products for an editorial review or scheduling an interview during the 2006 PGA Merchandise Show should contact Joe Wieczorek or Bart Henyan of the Media Group at (847) 956-9090 or e-mail joe@themediagroupinc.com or bart@themediagroupinc.com

Contact:
Joe Wieczorek

The Media Group, Inc.

(847) 956-9090

E-mail: joe@themediagroupinc.com

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