CALLAWAY GOLF COMPANY ACQUIRES TOULON DESIGN
Leading Equipment Manufacturer Strengthens its Premium Milled Putter Offering and Adds Industry Innovator
CARLSBAD, Calif., August 29, 2016 — Callaway Golf Company (NYSE: ELY), an industry leader in innovative golf equipment and technology, today announced it has entered into an agreement to acquire Toulon Design. Based in Vista, California, Toulon Design is a premium milled putter company specializing in performance-driven design and exceptional customization. Sean Toulon, the company’s co-founder, is an established innovator in the golf industry with more than 30 years of experience; he will join Callaway Golf as SVP, Callaway Golf and General Manager, Odyssey Brand. Terms of the agreement were not disclosed.
With the acquisition of Toulon Design, Callaway strengthens its position in the putter category, where its Odyssey brand has been the #1 Putter in Golf® since Callaway acquired the brand in 1997. Odyssey is also the #1 Putter across the major worldwide Tours, with more Tour wins and major championships than any other putter company this year.
“Sean is one of the most experienced and knowledgeable leaders in the golf equipment industry, and we are excited to have him come aboard to help us continue to lead the putter category with great designs and the highest performing innovations,” commented Chip Brewer, President and Chief Executive Officer at Callaway Golf Company. “With today’s announcement we fortify our position as the number one equipment company in golf and add valuable experience to our leadership team.”
“We are so excited to be joining forces with Callaway and Odyssey,” said Mr. Toulon. “We have been inspired by the innovation of these two great brands over a long period of time. But what might be even more impressive is the engagement these great brands have with golfers,” he continued. “We have always believed that a deep connection to the game and to those that love it is the key to creating world class products and experiences that golfers love. We feel like we have found the perfect home and look forward to creating incredible products for passionate golfers for many years to come.”
For more information about Callaway Golf, please visit www.callawaygolf.com.
RYAN BREHM WINS WEB.COM TOUR WINCO FOODS PORTLAND OPEN, GRADUATES TO PGA TOUR ALONG WITH FELLOW STAFFER RICK LAMB
HUNTINGTON BEACH, CA – August 29, 2016 – Srixon and Cleveland Golf congratulate staffer Ryan Brehm for his victory over the weekend at the Web.com Tour WinCo Foods Portland Open at Pumpkin Ridge Golf Club’s Witch Hollow course in North Plains, Ore. In the final regular-season Web.com Tour event of 2016, Brehm posted a 15-under-par total to win by one stroke and jump from 30th to fourth on the money list, guaranteeing him PGA TOUR playing privileges for the 2016-17 season.
“It’s been a wave of emotions,” said an emotional Brehm following the final round. “Everything from thinking 20 years in the future to trying to zone in to exactly what you’re doing on the course. I’m just thrilled. I’m thrilled to be in this position. What a week! Wow!”
A 30-year-old native of Mount Pleasant, Mich., Brehm came to Pumpkin Ridge off the strength of a tie for third one week earlier at the News Sentinel Open. He earned $31,900 there, the largest check of his career to that point. His $144,000 victory check at Pumpkin Ridge easily eclipsed that.
Brehm is one of two Srixon/Cleveland Golf tour staffers to graduate to the PGA TOUR by finishing inside the Top 25 on the Web.com Tour Regular Season money list. Rick Lamb, who won the LECOM Health Challenge last month after gaining entry as a Monday qualifier, birdied his final hole at the WinCo Foods Portland Open Sunday to post a 10-under-par total to tie for 19thplace. By earning $9,360, he jumped from 27th to 24th on the money list to earn his PGA TOUR playing privileges for 2016-17.
In Ryan Brehm’s Bag:
- Srixon Z-STAR XV golf ball
- Cleveland 588 RTX 2.0 wedges (48°, 54°, 60°, all 2 dot) with True Temper Dynamic Gold X7 shafts
- Srixon Z U65 Utility Iron (2-iron, 18°) with True Temper Dynamic Gold X7 shafts
- Srixon Z 745 irons (3-4), Z 945 irons (5-9) with True Temper Dynamic Gold X7 shafts
- Srixon staff golf bag and Srixon Z-STAR Premium Cabretta Leather glove
In Rick Lamb’s Bag:
- Srixon Z-STAR XV golf ball
- Cleveland 588 RTX 2.0 wedges (50°, 54°, 58°, all 2 dot) with True Temper Dynamic Gold Tour Issue S400 shafts
- Srixon staff golf bag and Srixon Z-STAR Premium Cabretta Leather glove
For additional information on Srixon / Cleveland / XXIO products and staff players, please visit the following sites: http://www.srixon.com/, http://www.clevelandgolf.com/, and http://www.xxiousa.com/.
Nippon Shaft Selected As Stock Shaft For New Mizuno Irons
CARLSBAD, Calif. (August 29, 2016) – Mizuno has selected Nippon Shaft’s N.S. PRO MODUS3 TOUR 105 to be the stock steel shaft worldwide for its new JPX-900 Hot Metal irons, which are designed to offer more forgiveness and distance to golfers who play them.
“For the JPX-900 HOT METAL, the N.S. PRO MODUS3 TOUR 105 gave us the perfect combination of light weight steel shaft performance with a high level of solid feel and control,” said David Llewellyn, Director of Research and Development for Mizuno USA. “Also, this shaft is a great addition to our custom fitting program and will be available in all our models at no up-charge through our network of Performance Fitting Systems.”
This marks the first time Mizuno has offered the N.S. PRO MODUS3 TOUR 105 as a stock or custom shaft, according to Hiro Fukuda, sales and marketing for Nippon Shaft.
“Nippon Shaft is pleased that Mizuno – one of the most respected brands in sports – will offer our N.S. PRO MODUS3 TOUR 105 as a stock in its new JPX-900 Hot Metal irons,” Fukuda said. “Mizuno and Nippon Shaft have partnered together on various products over the years and Nippon Shaft is very excited with this most recent development. We are equally excited that the Tour 105 will join our N.S. PRO 950GH as no up-charge custom shaft options for all Mizuno irons.”
The Mizuno JPX-900 Hot Metal iron sets (4-PW, GW) are expected to retail for $900.
The N.S. PRO 950GH will continue to be available as Mizuno custom orders with no upcharge, Fukuda said.
Nippon Shaft recently won Gold, Silver and Bronze medals at the Olympic golf competition in Rio de Janeiro. In addition, Nippon Shaft was used by the “Champion Golfer of the Year” to win this year’s British Open at Royal Troon. The winner of the U.S. Women’s Open and the runner-up at the Ricoh Women’s British Open also used Nippon Shaft in their irons.
Over the years, Nippon Shaft recorded hundreds of victories on professional golf tours worldwide, as the best players in the world increasingly chose to install in their irons steel shafts manufactured in Japan to unparalleled quality standards.
Nippon Shaft products are available globally either as stock or custom shafts in many of the world’s top iron brands. In addition, Nippon Shaft products are available through Nippon Shaft’s dedicated global club fitter network. Details of these can be found at nipponshaft.com
Nippon Shaft manufactures all of its steel and graphite shafts in a state-of-the-art factory in Komagane, Japan. The company’s integrated production lines are strictly monitored and controlled with thorough checks conducted responsibly through the entire production process
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