Newton Golf Shafts Introduces a Weekly Motion Driver Performance Pool Program for PGA TOUR Champions Players
30 5월 2024 - 9:15PM
Sacks Parente Golf Company, Inc. (Nasdaq: SPGC) (“SPG” or the
“Company”), a technology forward golf company with a growing
portfolio of golf products, including putters, golf shafts, golf
grips, and other related accessories, announces the launch of a
Weekly Performance Pool program for players on the PGA TOUR
Champions using Newton Motion driver shafts.
The incentive program offers the opportunity for
players on the PGA TOUR Champions to compete for prize money based
on their individual performance with the Newton Motion shaft in
their driver at any given tournament. Unlike traditional prize
structures, participants will only compete against others within
the pool, enhancing the excitement and camaraderie among players
swinging a Newton Motion driver shaft.
“We started the program because of the positive
feedback we have been getting and the building curiosity among the
players,” said SPG Executive Chairman Greg Campbell. “It started
with staff player Ken Duke using it, and then the word about the
proprietary technology in the shaft began to spread among other
players. Additionally, with Doug Barron’s recent major championship
victory with the shaft has further proven its impact, and we wanted
to provide other PGA TOUR Champions players with the opportunity to
experience the same benefits.”
Participation in the Weekly Performance Pool is
open to any player on the PGA TOUR Champions, regardless of their
status. To qualify, players first notify the Company of their
intent to participate in the program via a simple agreement. Then,
they are confirmed to be using the Newton Motion driver shafts via
Darrell Survey, the golf industry’s leading independent and
impartial arbiter of equipment usage. To be eligible for the Weekly
Performance Pool, players must play the Newton Golf Motion shaft in
their driver exclusively for all competitive rounds in a given
tournament event to be eligible for the Weekly Performance
Pool.
Payouts will be distributed based on performance
against other players in the program. In addition to the weekly
payouts, Newton Golf Shafts will reward any participating player
who wins an event outright with a significant bonus, as well as the
first-place weekly payout. This bonus will be doubled for a PGA
TOUR Champions Major Championship win, providing further incentive
for players.
To date, eight (8) players are participating in the program,
including:
- Doug Barron
- Clark Dennis
- Ken Duke
- Fred Funk
- Tim Petrovic
- Wes Short
- Duffy Waldorf
- Colin Montgomerie
The Newton Golf Shaft is rapidly making its mark
on the PGA TOUR Champions, and more players are expected to join
the Weekly Performance Pool program, where they will experience
Newton’s four key technologies: Elongated Bend Profile; Kinetic
Storage Construction, Newton Symmetry360 Design, and a Variable
Bend profile.
The Newton Motion shafts are available
at https://newtonshafts.com.
About Sacks Parente Golf Company, Inc.
Sacks Parente Golf Company, Inc. serves as the
parent entity of technology-forward golf companies that help
golfers elevate their game. With a growing portfolio of golf
products, including putters, golf shafts, golf grips, and other
golf-related accessories, the Company’s innovative accomplishments
include: the First Vernier Acuity putter, patented Ultra-Low
Balance Point (ULBP) putter technology, weight-forward
Center-of-Gravity (CG) design, and pioneering ultra-light carbon
fiber putter shafts.
In consideration of its growth opportunities in
golf shaft technologies, the Company expanded its manufacturing
business in April of 2022 to develop the advanced Newton brand of
premium golf shafts by opening a new shaft manufacturing facility
in St. Joseph, MO. It is the Company’s intent to manufacture and
assemble substantially all products in the United States, while
also expanding into golf apparel and other golf-related product
lines to enhance its growth.
The Company’s future expansions may include
broadening its offerings through mergers, acquisitions or internal
developments of product lines that are complementary to its premium
brand. The Company currently sells its products through resellers,
the Company’s websites, Club Champion retail stores, and
distributors in the United States, Japan, and South Korea. For more
information, please visit the Company’s websites
at https://sacksparente.com/ or https://newtonshafts.com.
@sacksparentegolf @newtonshafts
Media Contact for SPG:Beth GastBG Public
Relationsbeth.gast@bgpublicrelations.com
Investor Contact for SPG:CORE
IR516-222-2560investors@sacksparente.com
Sacks Parente Golf (NASDAQ:SPGC)
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부터 8월(8) 2024 으로 9월(9) 2024
Sacks Parente Golf (NASDAQ:SPGC)
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