SOURCE: Takedown Entertainment Inc.

Takedown Entertainment Inc.

October 06, 2011 12:00 ET

Takedown Entertainment Signs Sixth EU-Based Agreement: International Promotion Centre "Star" of Russia

LONDON--(Marketwire - Oct 6, 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 International Promotional Centre "Star," plus certain brand and sponsorship rights.

International Promotional Centre "Star" is a Russian mixed martial arts promotion founded by Sergey Shostakov and UFC veteran Oleg Taktarov. "Star" has worked in cooperation with promotions from across Eastern Europe to showcase the best regional MMA athletes. "Star" has previously featured athletes from the countries of Russia, Azerbaijan, Algeria, Armenia, Belarus, Georgia, India, Moldovia, Poland, Romania, Syria, Tadjikistan, Tunisia, Turkmenistan, Uzbekistan, Ukraine, Thailand, Iran, Kyrgyzstan and Kazakhstan. International Promotional Centre "Star"'s continuous dedication to providing truly international MMA entertainment has solidified its status as one of the premier MMA promotions in Russia.

"We are relatively new players in the international MMA arena, and from the very beginning we set our goals -- to search for top Russian talent, to help athletes develop into world class fighters, and to gain the audience's interest and respect," said International Promotional Centre "Star" co-founder Sergey Shostakov. "Taking into consideration our goal of expansion and the high level of talent in our events, working with Takedown Entertainment will allow more people to witness and appreciate our sportsmen's efforts and give us an opportunity to keep growing in order to get more significant space on an international level."

"This is Takedown's sixth agreement with a promotion in continental Europe," confirmed Peter E. Wudy, President and CEO of Takedown Entertainment. "The growing list of signed domestic and international MMA organizations is the foundation of our business model; aggregating the rights to fights in order to produce and distribute MMA programming worldwide. More promotions means more content and that's what MMA fans everywhere want. Having a world-class organization such as "Star" working with us is very exciting."

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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