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Cleveland Golf Settles Legal Dispute With Callaway Golf

August 1, 2014

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HUNTINGTON BEACH, CA – July 29, 2014 -Cleveland® Golf / Srixon® / XXIO® is pleased to report that it has settled its legal dispute with Callaway Golf® Company over usage of the Roger Cleveland name. The case, which is captioned Roger Cleveland Golf Company, Inc., et al. v. Callaway Golf Company, Case No. 8:13-cv-01642-AG-RNB, was pending in the United States District Court for the Central District of California, and had been filed last year. The terms of the settlement are confidential.

“We are pleased with the settlement terms,” said Todd Harman, President of Cleveland Golf / Srixon / XXIO – U.S.A. “At Cleveland Golf, Srixon, and XXIO, we are proud of our heritage, our innovations, as well as world class Cleveland Golf, Srixon and XXIO branded golf products, and the intellectual property rights associated with them. And we stand ready to protect and enforce those intellectual property rights whenever we deem it necessary or appropriate.”

Cleveland Golf, Srixon and XXIO manufacture and sell full lines of patented golf clubs, golf balls, and related accessories. For more information on Cleveland Golf, Srixon, and XXIO products or their staff players, please visit www.clevelandgolf.com, www.srixon.com, and www.xxiousa.com.

ABOUT Cleveland® Golf, Srixon®, XXIO® and Never Compromise®:

Based in Huntington Beach, CA, Cleveland® Golf, Srixon®, XXIO® and Never Compromise® are all part of the DUNLOP SPORTS CO. LTD family and each brand enjoys a strong presence on competitive tours worldwide. Their professional staffs include players such as Graeme McDowell, Keegan Bradley, Inbee Park, as well as many others. Cleveland® Golf, founded in 1979, is a leading equipment manufacturer specializing in short game technologies and solutions that benefit all golfers. Srixon®, with more than 80 years of golf ball manufacturing experience, is committed to producing the highest quality, technically innovative golf balls which offer maximum performance to golfers of all levels of ability. XXIO®, with their long standing tradition of premium golf clubs in Japan, brings the #1 golf brand in Japan to America. Cleveland® Golf, Srixon®, XXIO® and Never Compromise® remain steadfastly committed to providing “Tour proven, premium golf equipment to passionate golfers seeking to improve their performance while enhancing their experience playing the game of golf.” For more information, please contact Keith Patterson, PR/Media Relations Manager (714.889.5808) or visit us online at www.clevelandgolf.com, www.srixon.com, www.xxiousa.com and www.nevercompromise.com.

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