TORONTO — February 20, 2007– Element 21 Golf Company ("e21") (OTC BB: EGLF & Frankfurt (FWB): BJQ) the manufacturer of advanced Scandium Alloy golf equipment, reported today that its Scandium Alloy Shafts were awarded "Best Of Show" honors at The 2007 PGA Merchandise Show by Golfing Magazine.
With over 1250 Exhibitors and 500,000 square feet of exhibition space, The PGA Merchandise Show can be a little overwhelming. That is why Golfing Magazine publishes its "Best Of Show" awards each year so their readers know "What’s Hot" in golf equipment. Categories include Top Hard Goods, Top Putters, Top Training Aids and Top Accessories.
Golfing Magazine writes, "At the demo day and on the show floor, people could not believe what they were feeling (or not feeling) when hitting golf shots with these new Scandium Alloy Shafts", alluding to the incredible vibration dampening system in e21 shafts, which prevents every shot from being felt in a player’s bones and joints.
The article continues "This Toronto-based company is leading the way into a new frontier of golf club manufacturing, thanks to its patented E21 Alloy made with Scandium, a material that outperforms steel, graphite, and titanium in every way. Taking its name from Scandium, the 21st element on the Periodic Table, Element 21 Golf Company is introducing new advancements to the United States from Russian aerospace research programs. The result is a material which provides the highest strength-to-weight ratio of any material used in golf equipment today. That strength-to-weight ratio has a 36% advantage over titanium and a 40% advantage over graphite. This might explain why notable Tour Players put the Eagle One Scandium Alloy shafts into play without any endorsement contracts."
Golfing Magazine’s "Best Of Show" list for The 2007 PGA Merchandise Show can be viewed online at
http://www.GolfingMagazineOnline.com/articles/323/1/The-2007-PGA-Show-Wrap-Up-%96-Let%92s-Go-Shopping%21
"We are very pleased to receive this award from such a distinguished and well read publication like Golfing Magazine", commented Bill Dey, e21’s Chief Operating Officer. "We had a tremendous response to our Scandium Alloy Emc" equipment at the PGA Show, and we look forward to the getting our new Emc" clubs into play across North America and in many countries around the world this season."
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 absorption 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 1.4ï?°.
About Golfing Magazine:
Headquartered in Wethersfield, CT Golfing Magazine is a national magazine that is published 6 times per year and is directed at the public, municipal, semi-private and resort-course player – who account for 85% of US Golfers. The publication also provides nine regional editions further broken down into over 56 local editions all sharing the same national section. It’s the National Magazine with a local flavorâ?¦and the only golf magazine whose target audience is the daily fee player.
About Element 21 Golf Company:
Element 21 Golf Company is a Delaware company 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 it’s proprietary e21 Scandium Metal Alloy. Simply put, e21 clubs are using next-generation technology that delivers marked improvements in distance, consistency, accuracy and feel over any of the most popular products in the $5.5 billion U.S. golf equipment marketplace.
Based on this 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 Scandium Metal 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 Scandium Metal Alloys 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 (no investor related calls please)
Element 21 Golf Company
1-888-365-2121
sales@e21golf.com
http://www.e21Golf.com
General Media Inquiries and further information
Jocelyn Mercer
Manager, Media Relations
Element 21 Golf Company
(416) 362-2121 ext. 105
Jocelynm@e21golf.com
Media members interested in testing shafts or receiving e21 products for editorial review can contact:
The Media Group
Joe Wieczorek or Bart Henyan
1-847-956-9090
joe@themediagroupinc.com
bart@themediagroupinc.com
Contact:
Joe Wieczorek
The Media Group, Inc.
(847) 956-9090
E-mail: joe@themediagroupinc.com