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4th Annual 2006 Unauthorized State of the Industry Presentation

March 1, 2006

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Delivered to a full house of golf industry leaders, writers and executives at the PGA Merchandise Show, this year’s presentation was full of information on a variety of topics:

Golf Course Supply Expansion Analysis-How close are we to "Net Zero"?

Rounds Demand

Weather Impact Helped in 2005 – How did your region do?

Golfers are Consumers – What are they telling us?

Generational Shifts in Demand – Watch your Senior Rates

PGA Tour Fan Base – Is increased participation the real goal?

Recreational Participation in the US – The Double Whammy

Pellucid’s Crystal Ball

Followed by a lively and wide-ranging 1 ½ hour Q&A, the Summary Report contains over 30 graphs and images containing data on supply growth, demand trends, regional and US Weather data and a host of other informative illustrations of the challenges facing the golf industry in 2006 and beyond.

"An unbelievable amount of information and analysis – could’ve filled 3 hours" Jim Dunlap, Editor, GolfInc Magazine

Ordering info: $300 for the 34 page "pdf illustrated text" with supporting 50 slide PowerPoint ($200 for Outside the Ropes subscribers) available by contacting Pellucid or Edgehill.

Contact:
James A. Koppenhaver, President

Pellucid Corp.

jimk@pellucidcorp.com

(847) 808-7651

Stuart C. Lindsay, President

Edgehill Consulting Group, Inc.

edgehillgolf@msn.com

(262) 241-7088

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