Legend Credit Acquires Broadcast Rights to Champion Cage Fighters Events
Market Wire, October, 2007
Legend Credit (OTCBB: LGMB), a subsidiary of Legend Mobile Inc., today announced that is has acquired the broadcast rights to Champion Cage Fighters' mixed martial arts events for the next two years.
The contract assigns the television, Internet streaming, pay-per-view, video on-demand, DVD, Internet advertising, and foreign sales rights to Legend Credit Inc.
Champion Cage Fighters is a well known mixed martial arts promotion based in Michigan. The first event, which will be part of the new relationship with Legend, will be held on October 20, 2007 at the Dow Center in Saginaw, Michigan.
Legend Credit expects to acquire similar rights to other mixed martial arts promotions to create a portfolio of MMA intellectual property.
Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable broadcast license, continued popularity of mixed martial arts, successful expansion into other markets, ability to finance corporate obligations, ability to attract and retain key personnel, and general economic condition. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Legend Mobile Inc. does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact: Legend Mobile Email Contact (212)-252-2459
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