SOURCE: Takedown Entertainment Inc.

Takedown Entertainment Inc.

September 19, 2011 10:32 ET

Takedown Entertainment Signs Agreement With Modern Pankration of Russia

LONDON--(Marketwire - Sep 19, 2011) - Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN), an authority in the business of mixed martial arts, is pleased to announce it has signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights with Modern Pankration, plus certain brand and sponsorship rights.

Founded in 2001 in Khabarovsk, Russia, Modern Pankration is the preeminent MMA fight promotion in Eastern Russia, and a branch of the World Council of Absolute Fights (WAFC). Over its decade of events, Modern Pankration has provided Russian and European fans with over 50 cards to date and featured some of the most talented MMA athletes from around the world including Sherdog.com's #1 ranked European prospect Alexander "Tiger" Sarnavskiy from Russia, former UFC heavyweight champion Kevin Randleman and Poland's Jan Blachowicz.

"When I first started to promote my events 10 years ago I saw a very great opportunity with MMA," explains Modern Pankration President Dmitry Konkov, "and I'm proud to be the first to put on top-level events in Eastern Russia. My goal to have fights distributed to a global audience is soon a reality and I appreciate the interest of Takedown, whom I see as an ambitious company with a great game plan and limitless potential."

Takedown Entertainment President and CEO Peter E. Wudy comments, "Modern Pankration is a tremendous promotion and the next step in our European, Asian and South American expansion strategy. We welcome Dmitry and Modern Pankration to Takedown."

About Takedown Entertainment Inc.
Headquartered in London, UK with offices in Beverly Hills, California, Takedown Entertainment Inc. is a sports entertainment company with subsidiaries in the acquisition, production, distribution and marketing of mixed martial arts (MMA) programming, content and products for 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 statements. The Company does not intend to update this information and disclaims any legal liability to the contrary.

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