INTERNATIONAL FIGHT LEAGUE (IFL) RECEIVES APPROVAL FROM NEVADA STATE
ATHLETIC COMMISSION TO HOLD COMPETITIONS IN THE STATE
NEW YORK, December 6, 2006- The International Fight League (OTC.BB:
IFLI), the world's first team-based professional mixed martial arts
league, today announced that it has received permission from the Nevada State
Athletic Commission to conduct MMA events in the state, beginning in
2007. IFL Commissioner and co-founder Kurt Otto and President and
co-founder Gareb Shamus met with the commission on Tuesday in Las Vegas, Nevada.
“We are very grateful that this process is completed, and that the
commission has given us permission to move forward and schedule
events,” Otto and Shamus said in a joint statement. “It is another
important step forward for the IFL as we grow and develop our business model,
and its great news for both the fans of the sport and our business
partners, since Nevada is the epicenter of all fight sports and the
commission is made up of some of the most respected people not only in the
fight world, but in all of professional sports.”
The approval by the Nevada commission is the latest in a series of
solid business developments for the IFL. Other recent announcements in the
last week have included:
* The addition of the 12th and final team for 2007 (the Red Bears
based in Chicago),
* The announcement of the full 2007 IFL schedule
* The move to make the IFL a publicly-traded company
The 11 date slate will include events in eight different states and
begins with four teams, including the Nevada-based Lions (coached by
legend Ken Shamrock) facing the San Jose-based Razorclaws (coached by his
brother, world champion Frank Shamrock) at the ORACLE Coliseum on Friday
January 19 in Oakland, California. Ken Shamrock recently held an open
tryout in Reno for team hopefuls, and attracted over 150 competitors to
the half-day event.
The IFL has announced 10 of the 11 sites thus far, and will announce
the final site (to be held in mid-June of 2007) in the next week to 10
days.
About the IFL
International Fight League (IFL) is the world’s first professional
mixed martial arts sports league. IFL has its headquarters in New York, NY and offices in Las Vegas, NV. For more information about IFL,
please see: www.ifl.tv
Forward-Looking Statements: This release contains forward-looking
statements pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995, which are subject to various risks and IFL’s
management's expectations, hopes, beliefs, intentions or strategies
regarding the future financial condition, and results of operations. There
can be no assurance that future developments actually affecting IFL
will be those anticipated.
Important factors that could cause actual results to differ (favorably
or unfavorably) from the expectations stated in this release include
the risks and uncertainties such as the conditions of the markets for
live events, broadcast television, cable television, pay-per-view,
Internet, entertainment, professional sports, and licensed merchandise;
acceptance of the Company’s brands, media and merchandise within those
markets; uncertainties relating to litigation; risks associated with
producing live events; uncertainties associated with international markets;
risks relating to maintaining and renewing key agreements, including
television distribution agreements; effects of competition, including
locations of competitors and operating and market competition.. Should one
or more of these risks or uncertainties materialize, or should any of
the Company’s assumptions prove incorrect, actual results may vary in
material respects from those projected in these forward-looking
statements.
IFL undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities laws. This
press release may include the opinions of IFL and does not necessarily
include the views of any other person or entity.
The names of all International Fight League, Inc. televised and live
programming, teams, images, and logos are trademarks, which are the
exclusive property of International Fight League, Inc. All other trademarks
and tradenames mentioned in this release are the property of their
respective owners, and are not affiliated with IFL in any way.
