[March 09, 2016]

GOLFZON Donates Golf Simulators to China National Golf Team for Improving Golf Performance

Golfzon (CEO: Jang Sung Won) (www.golfzonsimulator.com) (KOSDAQ:215000) has donated a GDR(GOLFZON DRIVING RANGE) system and a VISION system to the China national golf team.

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GOLFZON held on March 4, 2016 the ceremony of signing an agreement with the China Golf Association for donating golf simulators at the China National Convention Center. The ceremony for donating golf simulators was attended by ice President Park Hee Jung of Etoiles Sportainment, Vice President Wang Li-wei of China Golf, President Jung Wan Jin of GOLFZON China, and President Tchi Tao of Nanshan International Golf Club (From left). (Photo: Business Wire)

GOLFZON held on March 4, 2016 the ceremony of signing an agreement with the China Golf Association for donating golf simulators at the China National Convention Center. Based on the agreement, GOLFZON will install a GDR system and a VISION system at the CGA Nanshan International Training Facility in Longkou, China.

The ceremony for donating golf simulators, which is aimed at supporting training of members of China national golf team, was attended by Vice President Wang Li-wei of China Golf Association (Deputy Director, Multi-ball Games Administrative Center of General Administration of Sports of China), President Jung Wan Jin of GOLFZON China, Vice President Park Hee Jung of Etoiles Sportainment, and President Tchi Tao of Nanshan International Golf Club.

At the agreement signing ceremony, Vice President Wang Li-wei said, "It is a very encouraging initiative to enhance training intensity of members of China national golf team using GOLFZON's high-tech facilities. Expressing my thanks to GOLFZON's generous support, I look forward to maximizing game performance of China national golf team members."

"I hope advanced technologies of GOLFZON will contribute to effective training of China national golf team members and to the development of golf culture in China in the future," said President Jung Wan Jin of GOLFZON China.

GOLFZON's advanced technology has been widely recognized as it concluded a contract in January last year with LPGA for using GOLFZON's products as official golf simulators for 3 years. In addition, their excellence was also demonstrated as world's top women professional golfers in Korea as well as young hopeful golfers are maintaining sense of games using its golf simulators.

In addition GOLFZON installed 2 GDR systems to the Korean National Training Center for Korea national golf team in 2014 after installation of 2 GDR systems and a VISION system in 2012.

GOLFZON expects that the donation agreement will provide a momentum for recognizing its outstanding technology by members of the China national golf team and other golfers in China and for enjoying new experience of golf.

About GOLFZON
GOLFZON is a world leading company in the virtual golf industry, established in South Korea in 2000. GOLFZON has been trying to overcome the entry barrier to golf and expand the number of golfers under the corporate philosophy, "making golf enjoyable for everyone," believing that golf should no longer be exclusive for the upper class. With a simulation-based business model consisting of golf, IT, and culture, GOLFZON is presenting golf in a way never seen before. In addition, products have been internationally recognized for their high quality and are currently being exported to more than 30 countries in Asia, North America, Europe, and other continents.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160308006923/en/

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