Ashworth, Inc. Re-Launches Web Site.CARLSBAD, Calif. -- Ashworth, Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASHW), a leading designer of golf-inspired lifestyle sportswear, today announced the re-launch of its company web site at www.ashworthinc.com. With a fresh new look and interactive feel, the Ashworth web site provides the consumer with several new sections that showcase Ashworth's products and features, as well as bios on all of the Team Ashworth players and their performance on the PGA Tour The PGA Tour is an organization that operates the USA's main professional golf tours. It is headquartered in Ponte Vedra Beach, Florida, USA. Its name is officially rendered in all caps as “PGA TOUR". . The site's new Clubhouse section offers visitors free golf tips, desktop wallpapers featuring Fred Couples Frederick Stephen Couples (born October 3, 1959) is an American professional golfer and former World No. 1 who competes on the PGA Tour. He has won numerous events, and is most famous for winning the 1992 Masters Tournament. and other great Ashworth images and "Traditions of Golf," a movie narrated by Ashworth Team Captain Jim Nantz For the ex-NFL fullback, see . James William "Jim" Nantz III (born May 17, 1959 in Charlotte, North Carolina) is an American sportscaster, known primarily for his work with CBS Sports television. . Visitors can also view an analysis of Fred Couples' swing at full speed or in slow motion, or click "Break it Down" for detailed, step-by-step commentary. To celebrate the launch of the new site, Ashworth invites visitors to enter a drawing to receive one of five Fred Couples Tour Authentic EZ-TECH(R) Polos and an autographed Fred Couples poster. The new Ashworth web site features: --A new, sleeker look and feel with fully interactive Flash navigation --A Clubhouse section featuring golf tips and instructional information, contests, movies and free desktop wallpapers --An interactive Weather Systems page featuring all the Company's 2005 products and detailing their all-weather performance properties --A Tour Team page with weekly updates on what's happening on tour --A Company Information page with live stock updates, investor information, corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. information, Company history and career opportunities --An online Corporate Accounts Catalog displaying the 2005 season's styles and colors This is the first phase of the planned site redesign, and the site will continue to be updated in the months to come. Ashworth, Inc. is a designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts, upscale department and specialty stores and to corporate customers. Ashworth products include three main brand extensions. Ashworth Collection(TM) is a range of upscale sportswear designed to be worn on and off course. Ashworth Authentics(TM) showcases popular items from the Ashworth line. Ashworth Weather Systems(R) utilizes technology to create a balance between fashion and function in a variety of climatic conditions. Callaway Golf is a trademark of Callaway Golf Company Callaway Golf Company is an American golf company based in Carlsbad, California. They manufacture woods, irons, wedges, putters and golf balls and license its name for apparel, footwear, timepieces and accessories. . Ashworth, Inc., 2765 Loker Avenue West, Carlsbad, CA 92008 is an Official Licensee of Callaway Golf Company. In July 2004, Ashworth, Inc. acquired Gekko Brands, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Gekko"), a leading designer, producer and distributor of headwear head·wear n. A hat or other covering for the head. and apparel under The Game(R) and Kudzu kudzu (k d`z ), plant of the family Leguminosae (pulse family), native to Japan. (R) brands. This strategic acquisition provides opportunity for additional growth in three new, quality channels of distribution for the Ashworth(R) and Callaway Golf apparel brands as well as further growth from The Game(R) and Kudzu(R) brands' sales into the Company's three current distribution channels. The Game(R) brand products are marketed primarily under licenses to over 1,000 colleges and universities, as well as to the PGA TOUR, resorts, entertainment complexes and sporting goods Noun 1. sporting goods - sports equipment sold as a commoditycommodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport dealers that serve the high school and college markets. The Game(R) brand is one of the leading headwear brands in the College/Bookstore distribution channel. The Kudzu(R) brand products are sold into the NASCAR/racing markets and through outdoor sports distribution channels, including fishing and hunting. To learn more, please visit our Web site at www.ashworthinc.com. This press release contains forward-looking statements related to the Company's market position, finances, operating results, marketing plans and strategies. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks include the timely development and acceptance of new products, as well as strategic alliances, the integration of the Company's recent acquisition, the impact of competitive products and pricing, the success of the Callaway Golf apparel product line, the preliminary nature of bookings information, the ongoing risk of excess or obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. , potential inadequacy of booked reserves, the timely completion and successful operation of the new distribution facility in Oceanside, CA, and other risks described in Ashworth, Inc.'s SEC reports, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended October 31, 2004 and Form 10-Q's filed thereafter. |
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