CLEARWATER, Fla.--(BUSINESS WIRE)--Feb. 12, 1997--Level Best Golf Inc. (OTC:LBGF) announced the addition of Tiger Woods' personal coach and Sports Illustrated's 1995 Coach of the Year, Butch Harmon and 16-time LPGA winner and U.S. Women's Open Champion Jan Stephenson to its advisory board.
Harmon was featured along with other members of the advisory board, including Gary Koch, Andy North and Juli Inkster in filming an infomercial for Level Best's flagship product, The AngleIron. The infomercial is expected to be released in March.
Separately, Level Best confirmed demand with major retailers which will put Level Best's product into over 1000 stores nationwide in early spring of this year. "We remain comfortable with our projections for fiscal 1997 ending Sept. 30th, of $.25 per share on 10 MM in revenues. The reception our products received at the PGA Show in Orlando last month was overwhelming.
"Response from both customers and industry peers confirm we are on the right track," Solomon commented. On the additions to the Advisory Board, "The addition of two such recognized talents can only serve to increase our visibility in the marketplace. To be able to associate ourselves with the man responsible for coaching Tiger Woods, golf's most dynamic player, lends immense credibility to our company and our flagship product the AngleIron. In addition to her outstanding play, Jan along with Juli, helps us identify with women golfers, one of the fastest-growing segment in golf today."
Level Best Golf Inc. is a leading developer and marketer of golf training, learning and performance products. Its products, available through major retailers, sporting goods specialty stores, Pro-shops, and premium and incentive programs, are sold nationwide through a network of 42 sales representatives.
Note: This press release contains forward-looking statements that are based largely in the company's expectations and may differ materially from actual results. The statements are subject to a number of risks and uncertainties, including but not limited to economic, competitive and other factors affecting the company's operations, products and markets. There is no assurance that they will, in fact, occur.
CONTACT:
R.D. Jackson & Associates Inc., Denver
800/229-7397
Shannon & Rosenbloom
407/228-4494
KEYWORD: FLORIDA
INDUSTRY KEYWORD: RETAIL SPORTS MANAGEMENT CHANGES
BW0064 FEB 12,1997
|