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Styx Capital Announces Scott Beasley has been hired as National Sales Director

July 26, 2006

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Austin, Texas, July 26, 2006 – Styx Capital today announced that Scott Beasley, formerly of Tommy Armour Golf, has accepted the position of National Sales Director. In this position, Beasley will be responsible for managing Styx’s sales team with an emphasis on servicing the existing cliental as well as expanding the customer base.

Beasley, a former executive with Tommy Armour Golf, is a veteran to the golf industry having previously held senior positions with American Golf and Kemper Sports.

"We are extremely excited to have the talent that Scott brings to our company" said Styx Capital’s CEO Jim Williams "His knowledge and experience in the golf industry is all important to our continued success"

Styx Capital, LLC was founded in 2003, and specializes in providing innovative financing solutions for golf club manufacturers, golf courses and golf retailers. Styx offers innovative and cost effective rental club inventory leasing options to private country clubs, resort management companies, daily-fee and municipal golf courses. Styx Capital’s premium rental rotation plans enables golf facilities nationwide to offer the latest technology and largest brand variety in golf clubs for use as rental sets, while easing management burdens of rental inventory and bolstering revenue opportunities.

In the retail space, Styx Capital conducts business under the name of Edwin Watts Financial Services to provide industry leading financial offerings to the customers of Edwin Watts Golf Shops.

For more information, please feel free to visit our web site at www.styxcapital.com

Contact:
Lisa Williams

Lisa_Williams@Styxcapital.com

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