Article: Callaway Golf and Ashworth Inc. Announce Strategic Alliance.

CARLSBAD, Calif., May 13 /PRNewswire/ --

Callaway Golf Company (NYSE: ELY), the largest premium golf club manufacturer in the world, and Ashworth Inc. (Nasdaq: ASHW), a leading designer and distributor of golf sportswear, announced today the signing of an exclusive licensing agreement between the two companies for the creation of a complete line of men's and women's Callaway Golf Apparel.

The Companies believe that this strategic alliance represents one of the largest and most significant partnerships in the golf industry.

The new Fall 2002 Men's Callaway Golf Apparel line will debut in selected golf retail pro shops and department stores in the ...

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