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Takedown Entertainment Enters South American Market With Two Brazilian MMA Promotions(October 17, 2011)
LONDON -- (Marketwire) -- 10/17/11 -- Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN), the new face of mixed martial arts (MMA), continues its quest to bring fans the best MMA fights from around the world by expanding into the South American market, the birthplace of the modern MMA movement. Takedown is pleased to announce it has signed Letters of Intent to acquire worldwide distribution rights to past and future MMA fights, plus certain brand and sponsorship rights, with two major Brazilian MMA promotions: Nitrix Champion Fight of Itajaí, Santa Catarina State and Win Fight & Entertainment Platinum of Salvador, Bahia State.
Nitrix Champion Fight has consistently garnered international attention from the quality of their fight cards, featuring top MMA athletes from across Brazil including Bellator Fighting Championship veterans Nazareno Malegarie and Genair da Silva. "I would like to express my sincere gladness that we have an opportunity to work with Takedown," stated Nitrix President Isaias "Pele" Santiago. "We try to make each of our events more exciting and I'm confident that with Takedown we'll be able to achieve huge goals."
Win Fight & Entertainment (WFE) Platinum has developed and graduated many notable Brazilian MMA athletes including UFC veteran Johnny Eduardo and Bellator contender Bruno Santos. Known for its exciting and sophisticated MMA experience, WFE is expanding their national exposure by staging events throughout the country. States WFE Platinum CEO Luiz Fernando Taveres de Menezes, "Our events represent the great heritage of Brazilian MMA, a gift that we'll bring to the rest of the world in partnership with Takedown."
"Brazil is an important piece in the Takedown global strategy," remarked Peter E. Wudy, President and CEO of Takedown Entertainment. "A major source of MMA talent, and a rapidly growing market for MMA programming via television, online and mobile media, establishing a foothold in South America strengthens our product offering, increases our licensing opportunities, and creates greater value for our shareholders."
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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