SOURCE: Takedown Entertainment Inc.

Takedown Entertainment Inc.

August 22, 2011 11:20 ET

Takedown Entertainment Signs Agreement With X-1 World Events

LONDON--(Marketwire - Aug 22, 2011) - Takedown Entertainment Inc. ( (OTCBB: TKDN), 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 X-1 World Events, plus certain rights to the brand and sponsorship representation.

Started in 2005 by Mike Miller as a means to employ the fighters he managed, X-1 World Events (X-1) has since become one of the largest mixed martial arts organizations in Hawaii. X-1 has produced over forty shows and has accumulated an impressive roster of fighters such as Shane Carwin, Brett Rodgers and Satoshi Ishii, who have gone on to fight for the Ultimate Fighting Championship (UFC), Strikeforce and DREAM. X-1's success is founded on entertaining match making and broadcast-quality events, solidifying it as a Hawaiian MMA mainstay.

"X-1 is a show that's outlasted the others and I'm proud of that fact," said X-1 World Events owner Mike Miller. "We've been able to present some of the best athletes in MMA and create a fan interest that keeps people coming back for every show. Our goal now is to explode into the mainstream through partnering with Takedown. Takedown's plan and expertise will take our small island show and make it reach people who have never heard of us. Takedown will lift us to heights we didn't think possible and help us showcase our fighters like never before."

About Takedown Entertainment Inc.
Headquartered in London, UK with offices in Beverly Hills, California, Takedown Entertainment Inc. is a sports entertainment company with subsidiaries involved in the acquisition, production, distribution and marketing of mixed martial arts (MMA) programming, content and licensed 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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