Adams Golf reported net sales of $30.4 million for the second quarter
ended June 30 compared to $25.7 million a year ago, a gain of 18%. Net
income reached $2.5 million, or 10 cents a share, up from $1.8 million,
or 8 cents, a year ago.

“We are pleased with our continued sales and earnings growth,” stated
Mr. Chip Brewer, CEO and President of Adams Golf. “We continue to
invest in our leadership position in the hybrid iron set category,
which we believe will grow significantly in the months and years ahead.
Accordingly, we launched the Idea a3 hybrid iron sets and individual
hybrids at the end of the second quarter, and are pleased with the
initial customer feedback and sales results. Our individual hybrids
have maintained the #1 hybrid count on the combined professional men’s
tours (PGA, Champions and Nationwide) for the second quarter of 2007,
according to results from the Darrell Survey. We have won the hybrid
count at seven PGA Tour events since the beginning of the second
quarter. Adams Golf staff players have also won the last four
Champion’s Tour tournaments, including the U.S. Senior Open and the
Senior British Open. We continue to invest in our brand, our overall
organization, particularly our R&D group, and our positions on the
competitive professional tours, as we believe these investments
position us for continued growth.”