SOURCE: Takedown Entertainment Inc.

Takedown Entertainment Inc.

September 27, 2011 12:10 ET

Takedown Entertainment Signs Agreement With Top Ukrainian MMA Promotion Peresvit

LONDON--(Marketwire - Sep 27, 2011) - Takedown Entertainment Inc. ( (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 Peresvit, plus certain brand and sponsorship rights.

Peresvit is a Ukraine-based MMA promotion owned by Andrey Starovoyt. Their fight cards have featured former star MMA athletes such as Pride Fighting Championship's veteran Igor Vovchanchyn as well as current top level competitors including the Ultimate Fighting Championship (UFC) veteran Stefan Struve and Bellator Fighting Championships Light-Heavyweight Champion Christian M'Pumbu. Peresvit has used both tournament and super-fight style formats to consistently attract an average of 5,000 attendees per event. The Ukrainian promotion's dedication to bring in world class MMA athletes has set it apart as a significant mixed martial arts promotion in Eastern Europe.

"We've been promoting MMA events for a long period of time, and our main goal was to demonstrate the true warrior spirit and true grace of mixed martial arts," said Peresvit owner Andrey Starovoyt. "We were looking for partnership with a big media company which would allow our event to be watched not only by people in the audience, but all over the world. That is what Takedown brings. So we look forward to this partnership with Takedown, and we're convinced that it will be mutually beneficial and long term."

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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