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Non-Tech : Golf Stocks and Industry Buzz -- Ignore unavailable to you. Want to Upgrade?

To: caly who wrote (104)	1/14/2009 10:48:59 AM
From: Chris Forte	Read Replies (1) \| Respond to of 178

TORONTO, Jan 14, 2009 (MARKET WIRE via COMTEX) -- Element 21 Golf Company (OTCBB: ETGF) (FRANKFURT: BJQ), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that it is has opened additional 100 accounts as a result of attending three major trade shows. The new 100 retail accounts are in addition to the 450 retailers that are already carrying the Carrot Stix(TM) line of products. Element 21 attended three shows in the first two weeks on January: AWR, Big Rock West held in Las Vegas, Hick's Inc. held in Montgomery, Ala. and Henry's held in Greenville, SC. These shows begin the purchasing for the 2009 season. "The Carrot Stix(TM) is the hottest fishing pole on the market. Our sales team is overwhelmed with a positive response from retailers and phenomenal consumer acceptance. We have definitely been the busiest booth at these shows," said Nataliya Hearn, President and CEO of Element 21. About Element 21 Element 21 Sports Company's premier products are golf clubs and fishing poles made out of a Scandium and biofiber materials, which are light, durable, and long-lasting. Element 21's golf clubs have been used by renowned golf pros, such as the winner of the FedEx Cup in 2008, who continue to use Element 21's Scandium technology during professional competition. Their patented technology encompasses scandium as the fundamental material used to provide superior golf and fishing equipment. Element 21 Sports Company has developed award winning fishing products. Element 21's Carrot Stix(TM) represents the latest in cutting edge technology, using a newly developed proprietary method of integrating nano level cellulose bio-fibers into the rod. With sponsors like Boyd Duckett and many others on all the fishing tours, Element 21 fishing line is one of the fastest growing in the country, if not the world. The fishing products recently were recognized as the "BEST OF SHOW" in at the at the 2007 and 2008 ICAST show, the world's largest sports fishing show. Element 21 Golf Company's revenue has been growing at an annualized growth rate of 343.3% and 705.5% for fiscal year 2006 and 2007, respectively. The three year average growth rate for the recent past is 203.9%. 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 the 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. Element 21 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. Company Contacts: Investor Relations: John R. Exley, III Acorn Management Partners, LLC Toll Free: 866-491-3739 Direct: 678-368-4002 acornmanagementpartners.com JRE@acornmanagementpartners.com Sales (no investor related calls please) Element 21 Golf Company 1-888-365-2121 ext 106 sales@e21golf.com e21sports.com Media members interested in testing fishing and golf technology or receiving e21 products for editorial review can contact: Nigel DaCosta 1-416-362-2121 ext. 104 Nigel.Dacosta@e21sports.com SOURCE: Element 21 Golf Co. acornmanagementpartners.com mailto:JRE@acornmanagementpartners.com mailto:sales@e21golf.com e21sports.com mailto:Nigel.Dacosta@e21sports.com Copyright 2009 Market Wire, All rights reserved. * end of story *