FARMINGTON HILLS, Mich., Oct. 10, 2006 (PRIMEZONE) -- Pro Golf of America, Inc. (Ajay Sports, Inc.) (Pink Sheets:AJAY), announced that on a wrongful discharge case brought against Ajay Sports, Inc. and subsidiaries by a former Chief Financial Officer and Chief Administrative Officer (CFO/CAO), an Oakland County jury issued an adverse verdict on October 6, 2006. Ajay Sports, Inc. strongly disagrees with the jury's conclusions and verdict which awarded the Plaintiff and Counter-Defendant $850,000. An appeal is underway; therefore litigation is ongoing.
Commented Rob Merget, General Manager of Pro Golf of America, Inc.: "Since 1962, golfers of all ages and handicaps have learned to depend on Pro Golf for the best quality products, value and knowledgeable service. We are proud of Pro Golf franchisees and they are recognized throughout the golf industry as customer focused retailers with a passion for the game of golf."
Founded in 1962, Pro Golf of America, Inc. is the premier golf franchisor in the world. Currently, there are 115 privately owned and operated, franchised Pro Golf retail stores throughout the United States, Canada, Puerto Rico and Ireland. A store locator can be found online at www.progolfamerica.com. Its ecommerce site, www.progolf.com, offers a broad array of sporting goods in addition to golf equipment and attire.
Pro Golf of America, Inc. is owned by Pro Golf International, Inc., a holding company which, in turn, is owned by Ajay Sports, Inc., a public company traded under listing (AJAY).
The Ajay Sports, Inc. company logo can be found at http://www.primezone.com/newsroom/prs/?pkgid=1373