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PING re-signs Cabrera to multi-year contract

October 26, 2007

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October 25, 2007; Reigning U.S. Open Champion and the recent winner of the PGA Grand Slam of Golf Angel Cabrera has signed a multi-year agreement to continue playing PING golf equipment, according to John A. Solheim, PING Chairman & CEO.

As part of the agreement, Cabrera will wear a PING® hat, carry a PING staff bag and play a minimum of 11 PING clubs, including a PING driver and PING putter. Financial terms and the length of the agreement were not disclosed.

He’s currently playing PING’s new G10â?¢ driver, S58â?¢ irons, a TiSI Tecâ?¢ fairway wood and a Redwoodâ?¢ Anser® putter.

Cabrera’s first major victory at the U.S. Open came in remarkable fashion as he battled the No. 1 and 3 players in the world down the stretch at Oakmont Country Club. His one-shot victory was the first-ever by an Argentine in the U.S. Open and came after entering the final round four shots out of the lead. For the four rounds, he averaged 310 yards off the tee with his PING Rapture® driver, including one of nearly 400 yards in the final round. He was the only player in the field to card two rounds under par.

"Angel’s performance in the U.S. Open clearly demonstrated his extraordinary talent and his ability to handle the pressure of contending for a major championship." said Solheim. "His victory brought PING unprecedented world-wide exposure while showcasing his passion and enjoyment for the game. We’re pleased to continue our long-standing relationship with him."

The 37-year-old Cabrera, who makes his home in Cordoba, Argentina, has 30 career wins, including three European Tour titles. He’s played on two President’s Cup teams and has represented Argentina in the World Cup on nine occasions. He’s currently ranked 17th in the world golf rankings.

For additional information, contact Pete Samuels (602) 687-5487.

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