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18.01.2006 10:00

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Ashworth, Inc. Announces Filing of Form 12b-25 Requesting Extension of Time to File Its Annual Report on Form 10-K for Fiscal Year Ended October 31, 2005

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Ashworth, Inc. (NASDAQ:ASHW), today announced that it isfiling a notification with the Securities and Exchange Commission onForm 12b-25 pursuant to which it is requesting an extension of time tofile its Annual Report on Form 10-K for the fiscal year ended October31, 2005.

As previously reported, the Company is in negotiations with UnionBank of California N.A., as Agent for its banking syndicate, on anamendment to its bank line of credit and has tentatively agreed to aproposed term sheet. The purpose of this amendment is, among otherthings, to address the Company's current non-compliance with certainfinancial covenants. The time associated with this process hasprevented the Company from finalizing its financial statements andproviding the necessary supporting documentation to its auditor. As aresult, the Company's auditor was unable to complete its audit of theCompany's financial statements within the applicable period of time.

The Company anticipates that it will be in a position to file theForm 10-K no later than the fifteenth calendar day following the dateon which the Form 10-K was due. Further, assuming the Company obtainsthe amendment to the loan agreement, the Company does not anticipatethat there will be any material changes in the Company's financialresults and status as previously reported in its December 22, 2005earnings release.

Ashworth, Inc. is a designer of men's and women's golf-inspiredlifestyle sportswear distributed domestically and internationally ingolf pro shops, resorts, upscale department and specialty stores andto corporate customers. Ashworth products include three main brandextensions. Ashworth Collection(TM) is a range of upscale sportsweardesigned to be worn on and off course. Ashworth Authentics(TM)showcases popular items from the Ashworth line. Ashworth WeatherSystems(R) utilizes technology to create a balance between fashion andfunction in a variety of climatic conditions. Callaway Golf is atrademark of Callaway Golf Company. Ashworth, Inc., 2765 Loker AvenueWest, Carlsbad, CA 92008 is an Official Licensee of Callaway GolfCompany.

In July 2004, Ashworth, Inc. acquired Gekko Brands, LLC ("Gekko"),a leading designer, producer and distributor of headwear and apparelunder The Game(R) and Kudzu(R) brands. This strategic acquisitionprovides opportunity for additional growth in three new, qualitychannels of distribution for the Ashworth(R) and Callaway Golf apparelbrands as well as further growth from The Game and Kudzu brands' salesinto the Company's three traditional distribution channels. The Gamebrand products are marketed primarily under licenses to over 1,000colleges and universities, as well as to the PGA TOUR, resorts,entertainment complexes and sporting goods dealers that serve the highschool and college markets. The Game brand is one of the leadingheadwear brands in the College/Bookstore distribution channel. TheKudzu brand products are sold into the NASCAR/racing markets andthrough outdoor sports distribution channels, including fishing andhunting.

To learn more, please visit our Web site at www.ashworthinc.com.

This press release contains forward-looking statements related tothe Company's market position, finances, operating results, marketingplans and strategies. Readers are cautioned not to place unduereliance on these forward-looking statements, which speak only as ofthe date hereof. These statements involve risks and uncertainties thatcould cause actual results to differ materially from those projected.These risks include the timely development and acceptance of newproducts, as well as strategic alliances or transactions, theintegration of the Company's recent acquisition, the impact ofcompetitive products and pricing, the success of the Callaway Golfapparel product line, the preliminary nature of bookings information,the ongoing risk of excess or obsolete inventory, potential inadequacyof booked reserves, the successful operation of the new distributionfacility in Oceanside, CA, and other risks described in Ashworth,Inc.'s SEC reports, including the report on Form 10-K for the yearended October 31, 2004 and Form 10-Q's filed thereafter. The Companyundertakes no obligation to publicly release the results of anyrevision of the forward-looking statements.

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07.06.06Update Ashworth Inc.: BuyRoth Capital
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