New Era Cap Co., Inc. has entered into a relationship with Golf Design Inc. for the exclusive rights of use for the company's Magnahat patent.
Rights to Magnahat, a creation of Golf Design's founder/owner, John R. Tate, allows New Era to imbed a magnet into the visor of its caps, to which a ball marker will be attached; New Era will use this product for headwear manufactured for its various golf equipment manufacturing partners. New Era's rights to the Magnahat patent include use and distribution in the United States, Canada and Europe; (USA Pat. #5996116, USA Pat. #6163889, Canada #2293140, Europe #8501686). Additionally, New Era will incorporate Magnahat uses in its Fan and College focused product.
“New Era is excited to enter into this partnership with Mr. Tate and Golf Design,” said New Era Vice President of Alliances Greg Via. “The company has long had partnerships in the golf arena and rights to Magnahat will allow us to further satisfy those relationships with more innovative product, as well as adding a great accessory to our product for avid golfers.”
“Golf Design's partnership with New Era is about taking a commodity like New Era's quality headwear and turning it into an invaluable accessory to golfers everywhere,” stated Golf Design Inc. Founder and Owner, John R. Tate. “We are pleased to extend exclusive rights to New Era for Magnahat, it's a perfect match.”
