SOURCE: Element 21 Golf Co.

December 11, 2007 13:00 ET

Element 21 Golf Announces Roger Maltbie Endorsement Agreement With the Company

TORONTO--(Marketwire - December 11, 2007) - Element 21 Golf Company ("e21") (OTCBB: EGLF) (FRANKFURT: BJQ), the manufacturer of advanced Scandium Alloy golf and fishing equipment, announced today 5-time PGA winner and NBC golf commentator Roger Maltbie has signed a two-year Endorsement Agreement with the company.

Under the terms of the contract, Mr. Maltbie will endorse Element 21 Golf equipment including golf club shafts, golf club drivers and hybrid golf clubs worldwide. Mr. Maltbie has agreed and authorizes Element 21 Golf Company the right to use his likeness in advertising, promotion, distribution and sale of Element 21 Golf equipment.

Winner of five PGA Tour Tournaments, Mr. Maltbie is currently a well-respected golf commentator for NBC Sports' golf telecasts. In 2003 he teamed up with fellow commentator Gary Koch to win the Raphael Division, Liberty Mutual Legends of Golf. He played on the PGA Tour from 1975-1996 and has appeared in several Champions Tour events in the last few years.

"I am excited to come on board with the team at Element 21 Golf. I believe their proprietary Scandium SC technology is the next evolution in golf equipment. And I love the look, feel and performance of their new E21 Hybrids!" said Mr. Maltbie.

"We are delighted to have Roger as one of Element 21 Scandium Technology spokespersons," Nataliya Hearn, President & CEO of Element 21 Golf Company. "He is a knowledgeable golf commentator, with in-depth knowledge of the game of golf and the technologies that advance performance. Roger will play an integral and important part in our upcoming Infomercial on our Hybrid Golf Clubs powered by Scandium technology."

Scandium Shafts

Element 21's Scandium Alloy shafts are manufactured using a proprietary 25-step production process to create a seamless, extruded shaft. Variable wall thickness and the alloy's high tensile strength results in a vibration dampening system called ShockBlok™ with 270% better shock attenuation than steel shafts that protects golfers' bodies, bones and joints. Each Element 21 shaft is made from a single piece of Scandium Alloy resulting in unmatched consistency from club to club as well as unprecedented accuracy and an industry leading torque of as low as 1.4 degrees.

About The Emc2 Hybrids

The sleek design of the Scandium-driven Emc2 Hybrids boasts minimum crown thickness allowing for maximum CG specifications. The Crown Louvers serve as an exceptional alignment aid for improved accuracy. The low weighting internally of the clubs provides a low center of gravity resulting in ease of launching. The open face angle enables a wide range of players to control a straighter shot pattern.

About Element 21 Golf Company:

Element 21 Golf Company develops and markets award-winning golf and fishing products made from the Company's next-generation, proprietary Scandium Alloys. Element 21's high performance products deliver dramatic improvements in distance, consistency, accuracy and feel over the most popular products in the US$5.5 billion golf and the US$48 billion international fishing markets.

Originally developed for advanced aeronautics in jet fighters including the MiG, Element 21's patented Scandium Alloys provide the highest strength-to-weight ratio of any material currently used in sports -- 25% improvement over Titanium, 40% improvement over Graphite/Epoxy, 52% improvement over Aluminum, 70% improvement over Steel. They also provide unique vibration dampening properties resulting in products with unprecedented feel over competing materials.

Element 21 Golf Company has recently expanded its product line to include fishing equipment that has quickly secured international recognition by winning several top honors at the 2007 ICAST, the world's largest sports fishing trade show.

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 Element 21 and its business. A number of these risks and uncertainties are described in Element 21'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. 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.

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