TORONTO, Oct. 15, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News), the leading manufacturer of advanced Scandium Alloy golf and bio-fiber fishing equipment, announced today that it has been ranked #1 as the Fastest Growing Company in Canada with three year sales growth of 1918% and worldwide distribution.
In the November issue of Profit Magazine and online www.PROFITmagazine.ca presented the 11th annual Profit W100 rankings, and Element 21 was ranked in the top 100 Canadian companies operated by a woman that showed the highest growth rate as compared to the other 100 top Canadian companies in the last three year period (http://www.canadianbusiness.com/entrepreneur/managing/article.jsp?content=20091009_114056_9736&page=2).
Dr. Hearn, President and CEO of Element 21, was featured in "A Split Decision" article by PROFIT which can be reviewed online at: (http://www.canadianbusiness.com/entrepreneur/managing/article.jsp?content=20091009_113142_8988).
About Element 21
Element 21's premier products are golf clubs (www.e21golf.com) and fishing poles made out of Scandium and bio-fiber 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) that are distributed worldwide. Element 21's branded and marketed professional fishing poles known worldwide as Carrot Stix(TM) represent 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" in the 2007 and 2008 ICAST shows, the world's largest sports fishing show.
About PROFIT Magazine
PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and midsize businesses. Published for over 25 years by Roger's Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of the companies with 5 to 250 employees and annual revenues of 1 million to 25 million, reaching more than 300,000 readers across Canada.
Forward-Looking Statements
Certain statements in this press release may constitute "forward looking statements" that involve risks and uncertainties. These include statements about our expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.
Acorn Management Partners, LLC
Investor Relations:
John R. Exley, III
866-491-3739
678-368-4002
JRE@acornmanagementpartners.com
http://www.acornmanagementpartners.com
Element 21 Sports Company
1-888-365-2121 ext 106
sales@e21golf.com
Media / Marketing:
Nigel DaCosta
1-416-362-2121 ext. 104
Nigel.Dacosta@e21sports.com
http://www.e21Sports.com
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