GOLFZON Opens VISION System Shop in South Africa – Business Wire (press release)

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SEOUL, South Korea & DURBAN, South Africa–(BUSINESS WIRE)–GOLFZON (CEO: Jang Sung Won,
(KOSDAQ:215000) will open its first-ever simulation golf shop in Africa.

On March 3, 2016 (Korea Standard Time), GOLFZON held the ceremony of
opening the first shop in South Africa after signing the contract of
sales agent with iPLANET Golf at Gateway Theatre of Shopping, the
largest shopping mall in Durban, South Africa.

, the official supplier of GOLFZON products in South Africa,
opened its first shop in the country at Gateway Theatre of Shopping and
installed 5 VISION systems.

GOLFZON and iPLANET Golf expect the opening of the first shop in South
Africa will serve as a momentum of making inroads into Africa and
extending competitiveness of GOLFZON to that continent as the top golf
simulator company in Korea.

VISION system of GOLFZON is a golf simulator that allows golfers to play
golf indoor anytime anywhere, enjoying real life-like outdoor golf
course. The technological excellence of the golf simulators has been
widely recognized as GOLFZON and the LPGA concluded a contract in
January last year for using them as the latter’s official simulators for
3 years. And their excellence was also demonstrated as the world’s top
women professional golfers in Korea as well as young hopeful golfers are
maintaining sense of games using GOLFZON
golf simulators

“Leveraging the excellent technology and knowhow of golf simulators that
boast top market share in Korea, we will stimulate a boom of simulation
golf in South Africa. We will concentrate efforts on distributing
GOLFZON systems in Durban and other major cities in South Africa
including Johannesburg and Cape Town as well as other countries in
Africa,” said Lee Min Seop, Vice President for Global Business Division

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.

GOLFZON Opens VISION System Shop in South Africa – Business Wire (press release)