WINNIPEG, Ontairo (May 15, 2006) ENSIS Growth Fund Inc. ("ENSIS"), announces that
on May 15, 2006 it acquired ownership of 8,000,000 warrants (the "Warrants")
of Jazz Golf Equipment Inc. ("Jazz"). Each Warrant entitles the holder thereof
to acquire one Class A common share (the "Shares") of Jazz at an exercise
price of $0.10 per Share. The Warrants will expire on the earlier of (i) the
cancellation of a $2,000,000 revolving demand operating credit facility
provided by ENSIS; and (ii) December 22, 2007.

In the event that all of the Warrants held by ENSIS are fully exercised,
the Shares issuable on exercise of the Warrants together with the Shares
currently held by ENSIS would represent approximately 53.02% of the total
issued and outstanding Shares of Jazz as of May 15, 2006, calculated on a
partially diluted basis assuming the exercise of all Warrants issued to ENSIS
only.

Jazz and ENSIS agreed on an arrangement to increase Jazz's revolving
demand operating credit facility from $1,500,000 to $2,000,000 pursuant to a
term sheet dated December 15, 2005, and as partial consideration for doing so,
Jazz agreed to the issuance of the Warrants.

ENSIS may from time to time acquire additional securities of Jazz,
dispose of some or all of the existing or additional securities they hold or
will hold, or may continue to hold their current positions.

About ENSIS Growth Fund Inc.

ENSIS is a $100 million, performance-focused venture capital fund created
to provide Manitobans with opportunities to invest in local small and medium
sized businesses. ENSIS has approximately 20,000 Manitoban shareholders.
Backed by a proven management team with extensive venture capital and business
expertise, ENSIS has invested in 34 companies since its inception in March
1998 and currently has investments in 29 companies. ENSIS focuses on providing
value to its shareholders through its strategy of identifying and partnering
with entrepreneurs in globally competitive, high growth businesses. ENSIS is
registered in Manitoba as a Labour Sponsored Investment Fund. For more
information visit the ENSIS website at www.ensis.ca.

About JAZZ GOLF EQUIPMENT INC.

Jazz Golf Equipment Inc. is Canada's largest wholly Canadian owned
manufacturer and distributor of golf clubs, bags, and accessories. Jazz Golf
offers golfers superior quality and performance at a competitive price. Its
latest equipment, including a diverse men's line and the Sandra Post
collection for women, features significant technological advancements that
enable players at all levels to excel.

For further information: Harold Heide, Vice-President, ENSIS Management
Inc., (204) 949-3715, hheide@ensis.mb.ca, www.ensis.ca; Mark Breslauer,
President and Chief Executive Officer, Jazz Golf Equipment Inc., (204)
947-0645, extension 233, mbreslauer@jazzgolf.com, www.jazzgolf.com