GGXY Golf Galaxy (MM)

EDEN PRAIRIE, Minn., June 19 /PRNewswire-FirstCall/ -- Golf Galaxy, Inc. (NASDAQ:GGXY), a leading golf specialty retailer, today announced the appointment of Douglas C. Neve, 50, to the company's Board of Directors effective June 15, 2006. (Logo: http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO ) The company said it expected Neve to be appointed to the Audit Committee concurrent with the company's Annual Meeting of Shareholders on August 9, 2006. Golf Galaxy's Board has determined that Neve qualifies as an "independent director" under applicable rules of the National Association of Securities Dealers for companies listed on Nasdaq. The company's Board has further determined that Neve qualifies as an "audit committee financial expert" under applicable Securities and Exchange Commission rules. "We are very excited Doug has agreed to join our Board," said Randy Zanatta, Golf Galaxy's president, chief executive officer and chairman. "We believe his financial and accounting expertise, along with his outstanding leadership skills, will be instrumental in the continued growth of our company." Neve has been the executive vice president and chief financial officer of Ceridian Corporation, an information services company primarily involved in the human resource, transportation and retail markets, since February 2005. Previously, Neve was a senior audit partner with Deloitte & Touche LLP, an international public accounting firm, from June 2002 until February 2005 and an audit partner with Arthur Andersen, an international public accounting firm, from September 1989 through May 2002. About Golf Galaxy Golf Galaxy, Inc., based in Eden Prairie, Minn., owns and operates golf specialty retail stores. The company currently operates 61 stores in 24 states and an ecommerce website. The company's Everything for the Game(R) merchandising strategy offers a comprehensive selection of competitively priced brand name golf equipment, accessories, apparel, golf services, and golf instruction by on-staff certified PGA professionals in a unique interactive store environment. The GolfWorks, a leading direct marketer of golf club components, clubmaking tools and supplies, and technical information, is a wholly owned subsidiary of Golf Galaxy that sells direct to consumers via a catalog and the Internet at http://www.golfworks.com/. For more information, visit http://www.golfgalaxy.com/. Cautionary Statement This news release contains forward-looking statements about Golf Galaxy and readers should not place undue reliance on any forward-looking statements that are current only as of the date made. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those expressed in forward- looking statements. The factors listed below, among others, could cause the company's actual financial performance to differ materially from that expressed in any forward-looking statement: A decline in the popularity of golf or golf-related products and services; limitations imposed by suppliers on the amount or variety of products; failure by suppliers to develop and introduce new products or if new products result in excessive close-outs of existing inventories; seasonal fluctuation in demand for products; weather conditions; ability to successfully implement growth plan; competition in the golf and sporting goods industry; a decline in discretionary spending; availability of adequate capital to fund growth; loss of key management; and the company's ability to successfully integrate acquired companies, including The GolfWorks. Additional information concerning these and other factors that could cause actual results to differ materially from those in the forward- looking statements is included in the company's annual report on Form 10-K filed with the Securities and Exchange Commission on May 3, 2006. The foregoing list should not be construed as exhaustive and Golf Galaxy disclaims any obligation subsequently to revise or update any previously made forward- looking statements, whether as a result of new information, future events or otherwise. Contact: Investors: Rick Nordvold Golf Galaxy, Inc. 952-941-8848 Investors and media: Susan Eich For Golf Galaxy, Inc. 612-285-4188 http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO http://photoarchive.ap.org/ DATASOURCE: Golf Galaxy, Inc. CONTACT: Investors - Rick Nordvold of Golf Galaxy, Inc., +1-952-941- 8848; or Investors and media - Susan Eich, For Golf Galaxy, Inc., +1-612-285- 4188 Web site: http://www.golfgalaxy.com/ http://www.golfworks.com/

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