Tour Player Ties for 1st in Greens in Regulation at AT&T Pebble Beach National Pro-Am Using Scandium Eagle One Shafts
TORONTO–(MARKET WIRE)—February 12, 2007 — Element 21 Golf Company ("e21") (OTC BB: EGLF & Frankfurt (FWB): BJQ), the manufacturer of advanced Scandium Alloy golf equipment, provided an update today on the use of its Eagle One Scandium Alloy shafts on the PGA Tour.
Two notable Tour Players put the Eagle One Scandium Alloy shafts into play this past weekend at the AT&T Pebble Beach National Pro-AM held in Monterey, CA. One of the players, a 3 time US Ryder Cup Team Member and former US Ryder Cup Team Captain, tied for 1st in Greens in Regulation at the event with an impressive 79.1% rating. The other, an 11-Time Winner on the PGA Tour has 97 career Top 10 Finishes to his credit and is considered one of the best ball strikers on the Tour. Both placed their confidence in the e21 Scandium Alloy shafts this past weekend and it paid off.
"The accuracy our Scandium Eagle One shafts provide continues to amaze me," stated Andy Harris, e21’s Director of Tour Operations, "and they’re really starting to turn some heads out here on the Tour. Right now I’m working with some of the top players out here, and I’m hoping that we may have as many as 5 players using our products in the weeks to come. Our Tour Van will be at a majority of the events this year and our goal is to capture at least 1 Tour Victory and have several more players using our equipment in 2007. This hopefully will include our hot new Emc" driver which I will be getting into the hands of several Tour players very soon."
"Through the efforts of Andy Harris and our new relationship with Premium Golf Management Co. (PGMC) we anticipate having at least 20 Tour players playing our Eagle One shafts this year," commented Bill Dey, e21’s Chief Operating Officer. "This will include players on the PGA Tour, Champions Tour, LPGA Tour, Nationwide and Futures Tours."
E21’s Scandium Alloy shafts are manufactured using a proprietary 25-step production process to create a seamless, extruded shaft. Variable wall thickness and the alloy’s high tensile strength results in a vibration dampening system called ShockBlok(TM) with 270% better shock annenuation than steel shafts that protects golfer’s bodies, bones and joints. Each E21 shaft is made from a single piece of Scandium Alloy resulting in unmatched consistency from club to club as well as unprecedented accuracy and an industry leading torque of as low as 1.5%.
About Element 21 Golf Company:
Element 21 Golf Company is a Delaware corporation trading on the OTCBB and the Frankfurt Stock Exchange (FWB) with offices in New Jersey, USA and Toronto, Canada. e21 holds the exclusive right to manufacture golf products using its proprietary e21 Scandium Alloy. e21 clubs utilize next-generation technology that deliver marked improvements in distance, consistency, accuracy and feel over the most popular products in the $5.5 billion U.S. golf equipment market.
Based on its superior performance, a number of high profile golf professionals have switched to or have begun testing e21’s Eagle One shafts in recent months.
e21’s Scandium Alloy is the secret behind this advanced performance. Originally developed for advanced aeronautics in jet fighters such as the MiG, it is 55% lighter and offers a 25% greater strength-to-weight advantage over Titanium alloys, the current standard in the golf equipment industry. e21’s Scandium Alloy allows greater freedom to move more weight to the perimeter of the club face in woods and hybrids than any other metal, resulting in a significantly larger sweet spot than any other club head. Additionally, e21 Scandium Metal Alloy shafts are almost perfectly symmetrical at 99.5-99.9%, compared to 60-78% typical in graphite shafts and 80-85% for steel.
e21 Golf – Better Science. Better Performance.
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, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting e21 and its business. A number of these risks and uncertainties are described in e21’s periodic reports filed with Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. e21 undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Company Contacts:
Investor Relations
Element 21 Golf Company
(416) 362-2121
investors@e21golf.com
http://www.e21golf.com
Sales
Element 21 Golf Company
888 365-2121
sales@e21golf.com
http://www.e21golf.com
Media Inquiries
Jocelyn Mercer
Manager, Media Relations
Element 21 Golf Company
(416) 362-2121 ext. 105
jocelynm@e21golf.com
Media members interested in testing shafts or other e21 products for an editorial review or receiving further information please contact:
The Media Group
Joe Wieczorek or Bart Henyan
(847) 956-9090
joe@themediagroupinc.com
bart@themediagroupinc.com
Contact:
Joe Wieczorek
The Media Group, Inc.
(847) 956-9090
E-mail: joe@themediagroupinc.com
