TORONTO, June 12, 2006 (PRIMEZONE) -- Element 21 Golf Company ("E21") (OTCBB:EGLF) reported today that Mark Myrhum, President of MCM Golf Inc., has joined forces with the E21 team to assist in the Company's club design and product sourcing activities.
"We are extremely pleased to have Myrhum working with E21," stated Bill Dey, Executive Vice President, General Manager of E21. "We have been very impressed with his designs in recent years including work with Tour Edge and McHenry Metals. The combination of his club design expertise and his strong relationships with a number of leading component manufacturers will play an invaluable role in our product development plans," commented Mr. Dey.
Mark Myrhum has been providing club design solutions to the golf industry for close to 20 years. Golf clubs designed by Mark Myrhum have been played by U.S. and British Open champions, Masters and PGA champs, top-ranked PGA players and leading LPGA and Senior PGA money winners. After an 8-year career as the Principle Engineer and Chief Designer for Wilson Golf, Mark Myrhum started MCM Golf, Inc. in 1996. His clients have included Wilson Sporting Goods, McHenry Metals, Carbite Golf, MasterGrip, Tour Edge and others. After earning a Bachelors of Science degree in Engineering Mechanics from the University of Wisconsin-Madison, Mark Myrhum's career began at NASA Ames Research Center and the Goodyear Tire and Rubber Co.
"I am excited to be working with Howard Butler and others at E21 and their proprietary E21 Alloys," stated Mr. Myrhum. "Having an opportunity to work with a new leading edge, performance enhancing material is something designers strive to do. I look forward to a long relationship with the Company."
About Element 21 Golf Company:
E21 holds the exclusive right to manufacture golf products using proprietary E21 Alloys. Through a sophisticated multi-technology production path E21 manufactures shafts, drivers, and other clubs with marked improvements in distance, accuracy and feel over competing products. In recent months a number of high profile golf professionals have switched to or began testing E21's Eagle One shafts. E21 Alloys are 55% lighter and offer 25% strength to weight advantage over Titanium alloys, the current standard in the golf equipment industry. The advanced dynamics of E21 Alloys and the material economics offer a performance-enhanced alternative to manufacturing driver clubs with Titanium, the largest segment of the annual $5.5 billion golf equipment marketplace.
E21 recently announced its "Golf Shot Around the World Mission" in celebration of the 35th anniversary of Alan B. Shepard Jr.'s historic Apollo 14 Mission. Just about every single record for distance in the golf industry will be shattered this fall when an astronaut will hit a golf ball into orbit around the earth -- using an E21 golf club. It is only natural that this event takes place on the International Space Station, considering that E21 Alloys are also used on the Space Station in high strength, fatigue resistant applications.
E21 Golf -- The Evolution Is Inevitable!
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.
Media members interested in testing shafts or other E21 products for an editorial review or receiving further information please contact:
The Media Group Joe Wieczorek or Bart Henyan (847) 956-9090 joe@themediagroupinc.com bart@themediagroupinc.com