Callaway 1997 Annual Report Download - page 1

Callaway Golf Company, through the use of tech-
nology, designs and manufactures premium, innova-
tive golf clubs that are demonstrably superior to,
and pleasingly different from, its competition.
Callaway Go l f’s primary products, which incorporate
the S2H2®design concept, currently include the Big
Bertha®War Bird®Stainless Steel Metal Woods,
Great Big Bertha®Titanium Metal Woods, Biggest
Big Bertha™Titanium Drivers, Big Bertha®X-12™
Irons and Great Big Bertha®Tungsten• Titanium™
Irons. Callaway Golf ’s wholly-owned subsidiary,
Odyssey Go l f, Inc., makes and sells Od y s s e y®p u t t e r s
and wedges with Stronomic®and Lyconite™inserts.
Stat ement s used in t his r epor t that r elat e to f utur e plans,
event s, f inancial r esults or per f or mance ar e f or w ar d- looking
st atements as defined under the Pr ivat e Secur ities Litigat ion
Ref or m Act of 1995. Such st atements ar e subj ect to cer tain
r isks and uncer taint ies w hich could cause act ual r esults to dif -
fer mater ially fr om t hose ant icipat ed. Reader s ar e cautioned
not to place undue r eliance on these f or w ar d- looking stat e-
ment s which speak only as of t he date her eof. The Company
under takes no obligation t o r epublish r ev ised f or war d- looking
st atements t o r eflect ev ents or cir cumst ances aft er the dat e
her eof or to r eflect t he occur r ence of unant icipat ed ev ents.
Reader s ar e also ur ged to car efully r eview and consider t he
var ious disclosur es made by the Company w hich descr ibe cer -
tain f act or s w hich aff ect the Company’ s business, including
the disclosur es made under the capt ion “ Cer tain Factor s
Aff ect ing Callaw ay Golf Company” in the “ Management’ s
Discussion and Analy sis of Financial Condit ion and Results of