IRVINE, Calif., May 10, 2005 (PRIMEZONE) -- Element 21 Golf Company (OTCBB:EGLF) announced today that it has received a substantial purchase order from The GolfWorks for E21's metal shafts. E21 shafts will be featured on the cover of the May 2005 issue of The GolfWorks catalog that will reach hundreds of thousands of golf enthusiasts and professional club builders. The GolfWorks audience is the first to try new shaft technologies and is considered an ideal conduit of information to the larger golf community that industry sources estimate to re-shaft over 20 million clubs per year.
E21 also reports that it has added several new sales professionals to its growing network of North American sales representatives. "We currently have 18 representatives in place all of whom have begun meeting with off-course golf stores and on-course pro shops," stated E21's President and CEO, Nataliya Hearn, Ph.D., P.E. The media coverage across the United States is fueling interest in the company and the E21 technology platform. "The reaction to our E21 irons has been very positive. Face to face meeting with key buyers in association with product Demo Days will be our focus over the next several months. We are finding that once people try our new Eagle One irons they are hooked," commented Hearn.
The Pub Links Golfer Magazine awarded E21's irons with their prestigious "2005 Players Choice Award for Feel." All player and robotic tests clearly point to the improved distance over composite and steel shafts by up to 9 yards and 15% better accuracy, while reducing shaft vibration by up to 300%. This translates into better golf equipment across all categories as have been demonstrated by E21 wedges, irons and prototypes of utility clubs and drivers.
For shaft sales Element 21 Golf Company will utilize its sales force to promote the new E21 Metal technology and direct professional club builders interest in Scandium components to The GolfWorks. To request a catalog from The GolfWorks, call toll-free at 1-800-848-8358, or email golfworks@golfworks.com The interest in the technology from many of the largest Original Equipment Manufacturers is being handled directly by the management of E21.
About Element 21 Golf Company:
E21 is a fully integrated golf company that combines patented Scandium alloys with unique expertise in material sciences, engineering, product design, sales and marketing. In both robotic and extensive player testing E21 golf clubs and shafts were found to provide greater distance, improved accuracy and unprecedented feel. E21 Golf -- Experience a Material Change!
Media members interested in testing shafts or the E21 Scandium Performance System irons for an editorial review or receiving further information please contact:
The Media Group Joe Wieczorek or Bart Henyan (847) 956-9090 joe@themediagroupinc.com barthenyan@hotmail.com Contact: Element 21 Golf Company (800) 710-2021 www.E21Golf.com Investor Information 949-480-9697 investors@e21golf.com
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 that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward-looking statements" contained herein.