Fast Growing Indoor Golf Company Hires a Technology and Business Veteran to Lead the Next Stage of Growth

GolfCave ® , LLC, a fast-growing leader in the Off-Course/Indoor Golf industry, announced
today that they have hired Frank McMahon, a technology and business executive with over 35
years of experience working with high growth technology companies. As President of
GolfCave, Frank will lead the company’s expansion plans to meet the increasing demand for
off-course golf options by offering innovative technologies including the latest in golf
simulators, virtual reality, and artificial intelligence.

“We are very excited to have Frank join our executive team to help lead us in our next stage of
growth,” said Dave Wechsler, Co-Founder of GolfCave. “For over three decades, Frank has
helped leading technology companies grow into multibillion-dollar businesses. In addition, he
founded and successfully grew a cloud-based consulting business into a nationally recognized
firm. He has a unique skill set of building high growth companies, working with leading-edge
technologies, combined with a deep knowledge of the golfing industry. He will help advance us
in our mission to provide the best and most advanced off-course golf experience in the
market.”

“It is such an exciting time to join GolfCave as they are already leading the way in defining the
indoor golfing experience and the evolution of golf. I am looking forward to working with the
GolfCave executive team to help expand this business on a national level. Whether someone
wants to play, practice, learn or improve their game, GolfCave provides a fun, welcoming and
innovative environment that allows their members and guests to taylor their experience to their
specific needs in the privacy of their own cave. What’s unique about GolfCave is that they are
first and foremost a technology company that provides the most extensive and enjoyable
indoor golfing experience in the market.”

Prior to joining GolfCave, Frank was the Co-Founder and CEO of CoreMatrix, a cloud
computing consulting company. Before CoreMatrix, he was at several high tech companies
such as Siebel Systems and Oracle. He was also recently the President of Metedeconk
National Golf Club.

Frank holds a Master of Business Administration in Finance and a Bachelor of Business
Administration in Computer Science from Seton Hall University.
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