50-Year-Old International Sporting Goods Manufacturer Signs 5-Year Licensing Agreement With GolfGear International Inc
Manufacturers See That Company’s Insert Technology is
Rapidly Changing the Game of Golf
GolfGear International Inc. (OTC:GEAR), a premium-quality golf club manufacturer and marketer, and the founder of insert technology, Thursday announced that it has signed a 5-year licensing agreement with one of the world’s largest sporting equipment companies and most-recognized golf club manufacturers.
The agreement allows the company to utilize GolfGear’s patented insert technology in manufacturing a new line of premium golf clubs. In turn, they have agreed to pay royalties to GolfGear.
“This particular company, as well as others, has acknowledged that insert technology is changing the game of golf. This new trend has considerably improved the game of golf worldwide and has provided a significant competitive edge over other clubs without forged insert technology,” said Anderson.
“GolfGear has launched a new generation of state-of-the-art ‘forged face insert’ golf clubs which utilize leading-edge technology and today’s most advanced materials, including our new Forged Titanium Insert, and we are preparing to launch a new product line using a new forged insert material in 1999. This new material has been proven through extensive use throughout the entire aerospace industry,” Anderson continued.
With more than 2,000 employees worldwide, the undisclosed company is one of the world’s leading manufacturers of sports equipment and focuses on making technologically advanced products which help the average player play better. The company has been a major golf club manufacturer and marketer for more than 50 years, selling golf equipment through authorized dealers throughout the world.
GolfGear International, “The Inventors of Insert Technology,” designs, develops and markets premium-quality, high-performance golf clubs based on its multi-patented leadership in Forged Insert Technology. GolfGear’s proprietary technology is based on sophisticated applied sciences related to metallurgy, collision theory and energy transfer. The company markets a full line of patented metal woods, irons, specialty clubs, putters and golf accessories.
Facilities are maintained in Huntington Beach. For more information, visit the company’s Web site at www.golfgearint.com.
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