TORONTO–(MARKET WIRE)—May 7, 2007 — Element 21 Golf Company ("e21") (OTC BB:EGLF.OB – News) (Frankfurt:BJQ.F – News), the manufacturer of advanced Scandium Alloy golf equipment, announced today that in recently conducted independent driver testing by Golf Laboratories in San Diego (www.golflabs.com), its new EMC2 Scandium Driver has outperformed Callaway’s FT-5 driver by 29 yards in distance, and is 338% more accurate.
The golf industry has been using titanium in its drivers since Callaway introduced the infamous Big Bertha Driver in the early 1990’s. The Titanium revolution launched Callaway from a small golf company to a golfing giant. e21’s patented Scandium Alloy is 25% stronger and lighter than Titanium, allowing it to have a significantly better trampoline effect, without surpassing the COR limits set by the USGA. Moreover, the weight advantage of Scandium over Titanium allows perimeter weight distribution that has not been possible to-date.
The recent recall of Callaway’s Bertha 460 demonstrates the limits that the industry has reached when it comes to Titanium technology http://thesandtrap.com/equipment/clubs/another_driver_recall_this_time_its_callaway. "If you buy a Titanium driver you are buying technology that has reached its performance limit and can only compete on price point. e21 challenges every golfer to test and experience the advantages our Scandium Technology offers in drivers, hybrids and irons", said President and CEO, Dr. Nataliya Hearn.
e21’s Scandium technology is protected by numerous patents, allowing e21 to not only introduce its Scandium products through retailers, but also through licensing opportunities to OEMs and manufacturers. Such a vertically integrated technology platform is the first of its kind in the golf industry.
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 its 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.
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.
Contact:
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
an editorial review can contact:
The Media Group
Joe Wieczorek
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
