SOURCE: Takedown Entertainment Inc.

Takedown Entertainment Inc.

May 05, 2011 13:27 ET

Takedown Entertainment Signs Agreement With Ascend Combat

LOS ANGELES, CA--(Marketwire - May 5, 2011) - Takedown Entertainment Inc. ( (OTCBB: SRBR), an authority in the business of mixed martial arts, is pleased to announce that it has signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights with Ascend Combat, plus certain rights to the Ascend Combat brand and sponsorship representation.

Ascend Combat is an established mixed martial arts fight series located in Shreveport, Louisiana, and has successfully produced MMA fight events since 2008.

Kim Addison, owner of Ascend Combat, has been training, fighting and working in MMA for over a decade. As a fighter herself, Mrs. Addison saw how promoters treated the athletes as "just another number" so she decided to strike out on her own and become the first female MMA promoter in Louisiana. Since then, Ascend Combat has showcased many notable MMA fighters in its events such as Ultimate Fighting Championship (UFC) veteran Rich Clementi and recent Bellator challengers Chad Robichaux, Cody Donovan and Adam Schindler.

"We are in the fastest growing sport in the world and I see Ascend Combat on top and going strong here in Shreveport for years to come," stated Mrs. Addison. "The difference now is that with Takedown behind us, Ascend Combat will be in the largest venues we can find, with sell out crowds and broadcasting live. We are very happy about our partnership with Takedown."

About Takedown Entertainment Inc.
Takedown Entertainment, a Nevada corporation with offices in Beverly Hills, California, is an integrated media and sports entertainment company that acquires and distributes mixed martial arts content, programming and products to North American and International markets.

Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: this release may contain forward-looking statements that are affected by known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statement. The Company does not intend to update this information and disclaims any legal liability to the contrary.

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