To: Chris Forte who wrote (115 ) 7/14/2009 4:14:09 PM From: caly Read Replies (1) | Respond to of 178 Element 21 up 67% on this news today... Element 21 is On Target to Double Its Revenues in the 2008-2009 Fiscal Year TORONTO, July 13, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News; Frankfurt:BJQ - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that preliminary revenue figures as of June 30, 2009 year-end indicate that Element 21 is on target to double its revenue as compared to June 30, 2008. Element 21's revenue has been growing at an annualized growth rate of 343% and 705% for fiscal year 2006 and 2007, respectively. This trend is continuing based on the preliminary revenue figures for the fiscal year 2008. The three year average growth rate for the recent past is 204%. (www.e21sports.com) Element 21 has experienced significant growth, since the introduction of its Carrot Stix(tm) line of fishing rods. The rods are being sold in the major specialty retailers such as Bass Pro, Cabela's, Academy and West Marine. About Element 21 Element 21's premier products are golf clubs (www.e21golf.com) and fishing poles made out of a Scandium and biofiber materials, which are lighter and stronger than Titanium, Graphite and Steel. Element 21's golf clubs have been used by renowned golf pros, such as the winner of the FedEx Cup in 2008. Element 21 has developed award winning fishing products (www.e21fishing.com). 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. The fishing products recently were recognized as the "BEST OF SHOW" at the 2007 and 2008 ICAST show, the world's largest sports fishing show.