Adams Golf Announces New Chief Financial Officer.Business Editors PLANO, Texas--(BUSINESS WIRE)--Oct. 14, 2003 Adams Golf (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADGO) is pleased to announce the appointment of Eric T. Logan to the positions of Senior Vice President and Chief Financial Officer effective immediately. Mr. Logan will oversee the Company's accounting, finance, credit, IT, legal and investor relations Investor relations The process by which the corporation communicates with its investors. departments and will report to Chip Brewer, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Adams Golf. Mr. Logan most recently was Chief Financial Officer of Daisytek International, a global distributor of computer supplies and office products. Before joining Daisytek, he was Vice President, Finance and Planning for CompX International, Inc., a publicly traded, $210M manufacturer of precision ball bearing slides, ergonomic equipment and security locks, after holding senior financial and strategic management positions with several companies including Ameriserve and Frito-Lay, Inc. Mr. Logan holds a Masters in Business Administration degree from the Kellogg Graduate School of Management at Northwestern University Northwestern University, mainly at Evanston, Ill.; coeducational; chartered 1851, opened 1855 by Methodists. In 1873 it absorbed Evanston College for Ladies. , and a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from the University of Missouri. Stated Chip Brewer, President and CEO of Adams Golf, "We are pleased to have Eric join Adams Golf. His strong financial background along with relevant experience in operations and supporting sales growth provide him the ability to contribute in multiple areas of our business." Adams Golf designs, manufactures and markets premium quality, technologically innovative golf clubs including the Redline Driver and Fairway Woods; the Idea, Idea A1 Hybrid and Idea A1 Pro irons; the Tight Lies GT family of fairway woods, drivers and irons; and the Tom Watson signature series wedges. Further information on the Company's products can be found at www.adamsgolf.com. This release includes forward-looking statements. These statements are made under the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; manufacturing difficulties; market and retailer demand and acceptance of products; the impact of changing economic conditions; business conditions in the golf industry; reliance on third parties, including suppliers; the impact of market peers and their products; the actions of competitors, including pricing; risks concerning future technology; and one time events and other factors detailed in the Company's prospectus, 10Ks, 10Qs and other Securities and Exchange Commission filings. These filings can be obtained by contacting Adams Golf Investor Relations. Adams Golf does not intend to update any written or oral forward-looking statements that may be made from time to time by or on behalf of the Company. |
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