OnCore Golf, manufacturer of the world’s only USGA approved hollow-metal core golf ball, today announced John Koelmel and Ron Schreiber have joined the Board of Directors. Koelmel, the former President & CEO of First Niagara Financial Group (NYSE:FNFG) and most recently President of HarborCenter, Buffalo’s newest sports and entertainment complex, is also OnCore’s newest investor. Schreiber, an experienced executive with an expertise in founding and leading companies and technology development, serves as a Partner for New York investments with SoftBank Capital and Co-Founder of Z80 Labs.
Koelmel brings a wealth of strategic planning and business experience to the company as it moves forward with new initiatives to expand the sales of of its revolutionary golf ball, the MA-1.0, introduces several new product lines for the 2016 golf season, and works closely with the players and organizers of The OnCore Gateway Tour, one of the largest developmental golf tours in the United States.
“We are thrilled to have John and Ron join us in the board room,” said Keith Blakely, Chairman and CEO of OnCore Golf. “Their astute business sense is a great fit for all of our near-term opportunities and their track record as both team builders and financial executives bode well for OnCore’s future. We have big plans for OnCore Golf, and are excited to have these gentlemen on board as we ramp up operations.”
“As an avid golfer, I quickly became a fan of OnCore Golf’s MA-1.0 golf ball. More importantly, the team’s entrepreneurial spirit and desire to positively impact the game of golf is infectious,” said Koelmel. “When presented with the opportunity to invest in the company and contribute to its growth and development, I didn’t hesitate. The upside for the company is significant and I’m excited to roll up my sleeves and help make it happen.”
Schreiber comments, “I’ve always had a keen interest in evolving technology companies and investing both the time and finances to see positive growth excites me. The OnCore team has shown incredible resilience and tenacity as they entered the golf industry and their disruptive technology proves to be exactly what golfers of all skill levels crave: innovation and increased enjoyment of the game. I’m pleased to be a part of the next phase of this rising company.”
Blakely says to keep an eye out for more big news to be announced about OnCore Golf. “It’s the tip of the iceberg for this company. From its inception, OnCore has been a company focused on making golf a more enjoyable game. The OnCore dream is swiftly becoming a reality – for the company and for all of the golfers that are already part of Team OnCore.”
ABOUT ONCORE GOLF
OnCore Golf Technology developed and patented the first USGA Conforming Hollow Core Golf Ball that aims to have golfers play a longer, straighter golf ball by integrating into its design, for the first time, the benefits of true perimeter weighting. This exclusive design feature allows the OnCore MA 1.0 hollow core golf ball to impart significant “Rifle Spin” when executing a golf shot and makes the golf ball straighter on mishits. Co-founders Bret Blakely and Steve Coulton are dedicated to making golf enjoyable through the introduction of disruptive golf products. OnCore is based in Buffalo, NY and is sold in all 50 States and 21 Countries worldwide. For more information go to: www.oncoregolf.com
Jennifer Brady, Media Relations