Wednesday, January 14, 2009 - Press Release courtesy of Mixed Martial Arts
Fighters Association

The Mixed Martial Arts Fighters Association (“MMAFA”), on behalf of its
members, forwarded a demand letter today to EliteXC Live, a California
corporation (“EliteXC”). MMAFA seeks an acknowledgment from EliteXC that
its promotional agreements have been terminated. While hopeful that
litigation will be unnecessary, a draft of complaint has been prepared and
forwarded to EliteXC officials. According to the letter, EliteXC has a
limited time in order to voluntarily provide the release to all of the
fighters, and if EliteXC refuses, MMAFA will file a complaint.

On November 10, 2008, in an action initially spearheaded by agent Ken
Pavia, a group of agents, including Ed Soares and Monte Cox, collaborated
to “pool resources” to fight the proposed auction of and transferability
of EliteXC’s promotional agreements. “The unity of this effort is
unprecedented and the message that is being sent is clear,” declared the
agents. Recognizing the success of their prior action, a number of agents
sought collective action again in resolving contractual issues with
EliteXC.

“This situation has gone on entirely too long,” stated agent Ed Soares. “I
can’t have my fighters left in the dark and unable to sign with any
promotion they choose.”

Nathan Brodnax, Esq., counsel at MMAagents, echoed Soares comments. “We
have made every effort to solve this problem outside the courts and have
only turned to legal action as a last resort. Unfortunately, such steps
have become necessary to protect the interests of our clients and to
ensure their continued ability to make a living. We are confident that the
courts will uphold our legal claims and request for relief.”

“Unfortunately, individual litigation is cost prohibitive for our members.
While it is our intention to reduce any unneeded expense,” stated Rob
Maysey, “MMAFA has reached out to and contacted top litigation counsel and
is prepared to litigate this matter to a conclusion. Fighters and their
families have been put in an unfortunate position and are unfairly bearing
the burden of EliteXC’s situation.”

Maysey continued, “MMAFA acts only upon the instruction of our fighter
members and their representatives. MMAFA has actively solicited input from
agents and their respective legal teams. This initiative is truly
collaborative and support has been widespread. At this time, our focus is
solely on resolving the EliteXC contractual issue for our members.