Article: CALLAWAY GOLF AND ASHWORTH INC.

CALLAWAY GOLF AND ASHWORTH INC. ANNOUNCE STRATEGIC ALLIANCE

PR Newswire, London, May 14. This press release is transmitted on behalf of Callaway Golf Company and Ashworth Inc

Carlsbad, California -

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, have announced 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 ...

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