Adams Golf Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2008. For the quarter, the company has posted net sales of $17.7 million compared to $18.9 million for the comparable period of 2007, a decrease of 6%. The company reported net loss of $1.2 million, or $0.18 per diluted share for the third quarter ended September 30, 2008 compared to net loss of $0.3 million, or $0.05 per diluted share for the comparable period of 2007. For the nine months, the company has posted net sales of $79.0 million compared to net sales of $77.1 million for the comparable period of 2007, a gain of 2%. The company reported net income of $1.2 million, or $0.16 per diluted share, for the nine month period ended September 30, 2008 compared to net income of $5.9 million, or $0.77 per diluted share, for the comparable period of 2007.

Adams Golf Inc., Q3 2008 Earnings Calls, Nov-13-2008

Adams Golf Inc. announced that its engineers developed Idea Tech a4OS Hybrid and Hybrid Irons and Insight Tech a4OS Driver and Hybrid-Fairway Wood. The newest addition to the wildly popular family of Idea Hybrid Iron sets is the Idea Tech a4OS set that features 3-PW with seven, category-leading and easy-to-hit hybrids. The 3, 4 and 5 hybrids are designed with perimeter tungsten weighting and Boxer Technology(tm) that shifts the mass of the club head to the outer corners for increased forgiveness with on and off-center hits along with more distance due to less dispersion. These Boxer hybrids are built with a magnesium crown that's 77% lighter than stainless steel and allows for the saved weight to be redistributed for a lower CG. Through a pull-face construction design, a maraging steel insert delivers a hotter ball flight and the milled scorelines allow for more consistent spin from all conditions. To complement the added forgiveness and playability of the Idea Tech a4OS Hybrid Irons, Adams Golf engineers developed the Insight Tech a4OS Driver and Hybrid-Fairway Wood. Both have the same Boxer Technology found in the company's Idea hybrids and the same premium, multi-material design of the Idea Tech a4OS Hybrid Irons.