Sales of New Line of Polar Balanced Putters Continue to Set Records.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif.--(BUSINESS WIRE)--Aug. 10, 1998--Carbite Golf Inc.(VSE See DOS/VSE. VSE - Virtual Storage Extended : CAB)(the "Company") announced that sales of its new line of Polar Balanced Putters continue to set records. Sales of putters in July exceeded June putter sales by 41%. Because of the increasing consumer demand and rapid growth of its retail distribution base, Carbite has projected media spending for August to exceed $800,000. "We have seen an exceptional response to the Polar Balanced Putter with both consumer and retailer. The sales of this product continue to gain momentum and we will provide all the necessary support to keep up with this growth curve," reported Mike Spacciapolli, 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 Carbite Golf Inc. Carbite Technology is based on advanced powder metallurgy powder metallurgy Fabrication of metal objects from a powder rather than casting from molten metal or forging at softening temperatures. In some cases the powder method is more economical, as in making metal parts such as gears for small machines, in which casting would , which allow s molecular bonding of dissimilar materials. The patented technology permits golf club designs with a "material advantage" that dramatically increases putter moment of inertia inertia (ĭnûr`shə), in physics, the resistance of a body to any alteration in its state of motion, i.e., the resistance of a body at rest to being set in motion or of a body in motion to any change of speed or change in direction of and maintains optimum backspin back·spin n. A spin that tends to retard, arrest, or reverse the linear motion of an object, especially of a ball. backspin Noun Sport from wedges and irons. The Carbite product line includes Polar Balanced Putters, Carbite Woods, Gyroseven Utility Wood, Diatanium Wedges, Check Mate Wedges and Putters, Viper Bite Wedges and Irons. For more information, contact: Carbite Golf, 6330 Nancy Ridges Dr., Suite 107, San Diego, CA 92121. Tel 619/625-0065 or fax 619/625-0752. This Press Release was prepared on behalf of the Board of Directors which accepts full responsibility for its contents. ON BEHALF OF THE BOARD "Michael Spacciapolli" MICHAEL SPACCIAPOLLI, President and Director The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT: Lewis, England & Associates, Inc., 501/376-0222
or US/CAN: 1-888-376-3900
or
Martyn Element & Associates, 604/687-6820
or US/CAN: 1-800-505-5655
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