CARLSBAD, Calif. – Dec. 11, 2004 – Ashworth, Inc. (NASDAQ:ASHW), a leading designer of golf-inspired lifestyle sportswear and golf apparel, has invited shareholders and investors to listen to a broadcast review of the Company's fourth quarter and fiscal year 2004 results and fiscal 2005 outlook.
The call will be broadcast live over the Internet on Thursday, December 16, 2004, at 4:30 p.m. Eastern Time and can be accessed by visiting the Company's investor information page at www.ashworthinc.com. Randall Herrel, Chairman and Chief Executive Officer, and Terence Tsang, Executive Vice President and Chief Financial Officer, will host the call.
An online archive of the broadcast will be available within one hour of the completion of the call and will be accessible on the Company's Web site until December 25, 2004. Additionally, a telephone replay will be accessible for 48 hours by calling 1-877-519-4471 or 1-973-341-3080 for international callers; enter conference ID 5484947.
Ashworth, Inc. is a designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts, upscale department and specialty stores and to corporate customers. Ashworth products include three main brand extensions. Ashworth Collection is a range of upscale sportswear designed to be worn on and off course.
Ashworth Authentics showcases popular items from the Ashworth line. Ashworth Weather Systems utilizes technology to create a balance between fashion and function in a variety of climatic conditions. Callaway Golf is a trademark of Callaway Golf Company. Ashworth, Inc., 2765 Loker Avenue West, Carlsbad, CA 92008 is an Official Licensee of Callaway Golf Company.
In July 2004, Ashworth, Inc. acquired Gekko Brands, LLC ("Gekko"), a leading designer, producer and distributor of headwear and apparel under The Game and Kudzu brands. This strategic acquisition provides opportunity for additional growth in three new, quality channels of distribution for the Ashworth and Callaway Golf apparel brands, as well as further growth from The Game and Kudzu brands' sales into the Company's three current distribution channels.
The Game brand products are marketed primarily under licenses to over 1,000 colleges and universities, as well as to the PGA Tour, resorts, entertainment complexes and sporting goods dealers that serve the high school and college markets. The Game brand is one of the leading headwear brands in the College/Bookstore distribution channel. The Kudzu brand products are sold into the NASCAR/racing markets and through outdoor sports distribution channels, including fishing and hunting.
To learn more, please visit our Web site at www.ashworthinc.com.
Contacts :
Ashworth, Inc.
Randall L. Herrel, 760-929-6142
Terence Tsang, 760-929-4611
Or
CCG Investor Relations and Strategic Communications
Sean Collins, 818-789-0100, ext. 202
