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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: eyewatch who wrote (178)8/3/1999 5:42:00 PM
From: John Marcinko   of 209
 
July 14, 8:30 am EST - Carbite Golf Announces 498 Percent Increase in Golf Club Sales in Japan

SAN DIEGO, July 14 /PRNewswire/ -- Carbite Golf (Vancouver: CAB - news) announced today that its sales in Japan through the first six months of 1999 exceeded $1.2 million, up 498 percent compared to Japanese sales in the first six months of 1998.

The sales in the first six months of 1999 exceed by $109,403 sales in Japan by Carbite Golf for the entire year of 1998, which totaled $1.1 million. Japan is a key marketplace for Carbite Golf.

Carbite Technology is based on advanced powder metallurgy, which allows molecular bonding of dissimilar materials. The patented technology permits golf club design with a ''material advantage'' that dramatically increases putter moment of inertia and maintains optimum back spin for wedges, irons and woods. The Carbite product line includes Polar Balanced Putters, CheckMate Putters, Tour Insert Wedges, Tungsten Tour Irons, and Carbite Woods. For product information, contact Mike Pinckes at Carbite Golf, 6330 Nancy Ridge Dr., Suite 107, San Diego, CA., 92121, telephone 1-800-272-4325 or fax 619-625-0572.

VISIT CARBITE GOLF'S WEB SITE at www.carbitegolf.com

(This news release has not been reviewed by the Vancouver Stock Exchange, which does not accept responsibility for the adequacy or accuracy of the release.)
SOURCE: Carbite Golf

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