RadarGolf Ball Performs Favorably Against Leading Ball Brands
Tuesday, January 25, 2005
ROSEVILLE, Calif., January 25, 2005 ― RadarGolf Inc. announced today that in tests at an independent laboratory, the company’s RadarGolf™ Ball performed equal to or better than competitive balls from Titleist, Callaway, Nike and Maxfli. The tests measured both distance and spin. The ball also conforms to U.S. Golf Association standards.
Designed by Larry Cadorniga, the company’s chief technology officer and a 25- year veteran of ball design and manufacturing, the RadarGolf Ball contains proprietary Ball Positioning System™ (BPS™) technology that enables the golfer to quickly find a “lost” golf ball with the RadarGolf Handheld that “beeps” when pointed toward the ball. Detection range is 30-100 feet.
The company also announced that it has selected Philippine manufacturer Integrated Microelectronics Inc. (IMI) to produce the RadarGolf Handheld unit. Art Tan, IMI CEO, said, “We began working with RadarGolf in December 2003 and it is very exciting to see this breakthrough product now so close to coming to market.”
As announced in March 2004, Fantom Co. LTD is now manufacturing the RadarGolf Ball at their factory in Qingdao, China. Fantom factory general manager S.W. Lee said, “This is a very exciting partnership for us and our team is very honored to be the first to mass-produce a findable golf ball.”
According to RadarGolf CEO Steve Harari, “Golfers of all handicaps continue to reserve systems and tell us that they would like to minimize lost ball penalties and spend less time looking for balls. We anticipate that by this fall, one or more leading ball manufacturers will elect to include our BPS technology in their golf ball line to gain a competitive edge.”
The RadarGolf System will sell for $249, including a dozen golf balls. A dozen balls only will sell for $39. First shipments are scheduled for June 2005 and systems can be reserved at http://www.RadarGolf.com.
Company representatives will attend the PGA Merchandise Show this week in Orlando, Fla. Private investors wishing to participate in RadarGolf’s final funding round prior to product shipment should contact Steve Harari at harari@RadarGolf.com or 916-782-1595.
RadarGolf Inc. is headquartered in Roseville, Calif. with a primary engineering facility in San Ramon, Calif. The company may be contacted at 1532 Eureka Road, Suite 100, Roseville, Calif. 95661; phone 916-782-0415; fax 916-782-7272, www.RadarGolf.com