McDermott Acquires Sledgehammer

MENOMONEE FALLS, WI. — December 6, 2006. McDermott Handcrafted Cues announced today it has acquired Sledgehammer, the globally recognized break cue brand, designed by Mike Gulyassy, custom cue maker and former professional player. With this acquisition, McDermott Cue strengthens its position as a global leader in cue technology. The agreement took effect on December 5, 2006. McDermott and Gulyassy have agreed to keep the financial terms confidential.

Technology That Works
“By acquiring Sledgehammer, we have fortified our already powerful product line with a cue that is the best-performing jump break cue in billiards,” Claude Napier, McDermott's President and CEO, said. “We are going to continue with the same technology that Mike Gulyassy designed, and patented, because it works.”

Link Pendley, Vice President of Global Sales, said, “The McDermott brand has always been rooted in performance and innovation. Sledgehammer certainly meets our strict criteria of high performance and true innovation. We believe the addition of Sledgehammer is a natural complement to our company as we will continue to generate exceptional break cues.”