Golfing goods company Ping and Apple have come to an agreement that will allow Apple to use the Ping trademark in connection with its new social music discovery feature in iTunes, which was announced earlier today.

The golf company released a statement about the agreement. From the statement:

"We are pleased to enter into this agreement with Apple," said John Solheim, Chairman and CEO of Karsten Manufacturing Corporation and PING. "Like PING, Apple carries a reputation for innovation and quality. I have always had great respect for companies that have changed and improved the ways things are done and I continue to model PING along those lines. Apple is a truly great example of this kind of enterprise."