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Element 21 Golf Scandium Driver Receives USGA Approval

Element 21 Golf Company (E21) (OTC BB: EGLF) is pleased to report that the Company has received confirmation from the United States Golf Association (USGA) that its Scandium driver is compliant with the USGA's rules of golf with COR value tested at 99.9% near the imposed limit.

"The USGA ruling and the arrival of our new products for the PGA show provide for a great start to 2006," stated E21 President and CEO, Dr. Nataliya Hearn. "Over the next several weeks we will be sending product to our sales representatives in preparation for the spring buying season. We are also in the process of filling initial pre-orders and sending samples to several other golf companies and to several PGA Tour professionals. Working with a new material represents a very steep learning curve, and I commend our product engineers, designers and manufacturer for their efforts to get our driver completed. We have spent considerable time and resources establishing an exclusive and proprietary production path for our driver."

The Scandium driver technology represents a significant departure from the prevailing titanium driver construction technology, and offers balanced moments of inertia and an unprecedented sweet spot. The result is very tight dispersion even for off center shots, as well as a notable increase in distance. One player called it "Control You Can Feel, Distance You Can See(TM)."

The driver market in the USA, valued at over $1 billion annually, represents close to 50% of all golf equipment sales. Even with the four-fold increase in titanium costs, it is believed that over one hundred thousand pounds of titanium is converted to golf clubs every month. Current price trends, and tight titanium supply vs. scandium's value-added benefits and performance enhancing features, allow E21 to be in a position to manufacture components for other OEM and license component manufacturers to work with its alloys.

About Element 21 Golf Company:

Prior to the end of 2005 PGA Tour an unprecedented number of high profile golf professionals have switched or began testing E21's Scandium Eagle One shafts. Element 21 is utilizing its experience working with advanced Scandium metal alloys to introduce this unique space-age material to the golf industry. Scandium alloys were originally developed for application in aerospace application including MiG series fighter jets, leading-edge missile applications, and the International Space Station.

Scandium metal alloy clubs represent the first new innovation in golf clubs in decades. Scandium provides significant increases in distance as well as accuracy and consistency. Due to Scandium's advanced composition, coupled with numerous design innovations, these clubs offer improved feel while reducing shock transfer to the player's hands.

Powered by Scandium, E21 Golf -- The Evolution Is Inevitable!

Forward-Looking Statements

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. A number of these risks and uncertainties are described in our reports filed with Securities and Exchange Commissions. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward-looking statements" contained herein.

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