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Takedown Entertainment Reaches Milestone: Closes First MMA Fight Promoter Agreement(April 11, 2012)
LONDON -- (Marketwire) -- 04/11/12 -- Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN) is proud to announce that its subsidiary, Fight Rights Licensing Inc., has signed a License and Distribution Agreement with SportFight LLC ("SportFight"), an MMA fight promotion based in Portland, Oregon.
The agreement marks a major milestone for Takedown: it's the first final agreement signed with an MMA fight promotion. The agreement includes the worldwide distribution rights to the SportFight archives, featuring over 100 hours of MMA content from SportFight 1 through 30 plus three seasons of SportFight TV featuring Matt Lindland and Chael Sonnen, as well as three to five live MMA fight events per year.
Established by Olympic Silver Medal wrestler Matt Lindland and Ultimate Fighting Championship ("UFC") legend Randy Couture, SportFight produces world-class professional MMA events and has launched the careers of many well known athletes including Chael Sonnen and Chris Leben into the UFC, Strikeforce, M-1 Global and DREAM.
"We've had so many great fights over the years," affirmed owner Matt Lindland. "Now finally, MMA fans around the world are going to see all of our shows and know what fans in Portland have known all along. SportFight is where the top-level professional MMA athlete earns his record by competing against the best. This distribution deal with Takedown will get all of our fights out to MMA fans everywhere, and we couldn't be happier about it."
About Takedown Entertainment Inc.
Headquartered in London, UK with offices in Beverly Hills, CA, Takedown Entertainment Inc. is a sports entertainment company that acquires, produces, distributes and markets Mixed Martial Arts (MMA) programming and products for television and digital media in 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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