SOURCE: Element 21 Golf Co.

July 09, 2008 10:05 ET

Element 21 Golf Company Receives $300,000 Initial Order From Leading Distributor

TORONTO--(Marketwire - July 9, 2008) - Element 21 Golf Company (OTCBB: ETGF) (FRANKFURT: BJQ), the leading manufacturer of advanced Scandium Alloy golf and fishing equipment, announced today that it has received an initial $300,000 order for its Carrot Stix line of fishing rods from the Farris Brothers, Inc. (www.farrisbrothers.com), a leading distributor of Hunting and Fishing Supplies. The purchase represents the initial order for the 2008-2009 season.

After the best-to-date fourth quarter and best year-end revenues, this initial 2008-2009 order represents a continuing revenue growth in the new fiscal year for Element 21.

"We are pleased to receive this initial order from this distributor with a large number of accounts," said Nataliya Hearn, President and CEO of Element 21. "This order reflects the growing recognition for our proprietary Scandium and bio-fiber technologies, which continues to gain adoption among leading golf and fishing professionals, retailers, distributors and customers. We look forward to further expanding our relationship with the Farris Brothers as they place subsequent orders for our equipment."

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 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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