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Takedown Entertainment Enters Mexican Market With Premier MMA Promotion Combate Extremo(October 20, 2011)
LONDON -- (Marketwire) -- 10/20/11 -- Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN), the new face of mixed martial arts (MMA), is pleased to announce it has signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights, plus certain brand and sponsorship rights, with Combate Extremo of Monterrey, Mexico.
Since establishing the company in 2000, Combate Extremo has promoted and co-promoted over 100 live MMA events throughout Mexico, the Caribbean and the United States, have the distinction of being the first and longest running MMA promotion in Mexico, and one of the first organizations to adopt the MMA Unified Rules established by the Association of Boxing Commissions. With over 10 events per year, a live gate reaching 4,000 fans, top Mexican MMA athletes and UFC veterans on their cards, and a premium quality production, Combate Extremo has solidified their position as the top MMA promotion in Latin America.
"Mexico is a boxing powerhouse and every day we have more young Mexican fighters transitioning to MMA," stated Combate Extremo CEO Michael Shoffner. "UFC heavyweight champion Cain Velasquez was a huge step for the sport in Mexico and it's only a matter of time until our fighters dominate the lighter weight classes. The Hispanic audience in the United States is a huge part of combat sport pay-per-view revenues and Takedown Entertainment is poised to capitalize on and become a market leader in partnership with Combate Extremo, a brand name synonymous with the sport of MMA in Mexico."
"Combate Extremo is a cornerstone of the Takedown strategy in Latin America and the Hispanic market in the United States," stated Peter E. Wudy, President and CEO of Takedown Entertainment. "With the growth of Internet and mobile throughout the region, the global appeal of their athletes, and the interest in the sport within our key demographics, our relationship with Combate Extremo signals shareholder growth."
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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