Nevada Bob's Golf Auction to be Held For Brand Name and Other Intellectual Property (4/01)

The Ozer Group announced that it will be conducting an auction on April 17 in Dallas for the rights to the brand name and other intellectual property of Nevada Bob's Golf Inc., including intellectual property related to Nevada Bob's proprietary Alien Golf line of products.

Late last year, Ozer was hired to act as Nevada Bob's restructuring consultant and its agent to sell all or part of the company in connection with Nevada Bob's Chapter 11 case. Since that time, Ozer has successfully negotiated sales of 70 of the original 82 company owned stores in the United States and Canada.

Prior to their Chapter 11 filing last year, Nevada Bob's system of company-owned and franchised golf specialty retail stores was the largest in the world. The company is the franchiser with respect to more than 150 Franchise locations, operating in countries around the world.

Based on research performed by independent consultants, the Nevada Bob's brand continues to be the most recognized retail name in the golf business today. In addition to its retail operations, Nevada Bob's manufactured and distributed golf products and accessories through its Alien Sport brand. The original Alien Ultimate Wedge was one of the most successful specialty clubs ever made and is one of the primary reasons the Alien brand has remained strong in the golf industry for several years.

Based in Needham, Mass., The Ozer Group is one of the country's leading retail consulting, business evaluation and asset disposition firms. Ozer is quick, flexible and creative in offering solutions to retailers of all sizes throughout North America and Europe. In addition to helping companies maximize realization for their assets, Ozer manages human resources issues, real estate relationships and other critical areas that are affected when companies undergo change. Ozer's management and partners are retailers who have managed thousands of stores and billions of dollars in inventory. Ozer's partners are directly involved in every project.