ProElite and DREAM Form New MMA Partnership

  ProElite and DREAM Form New MMA Partnership     Fighter Exchange Program Kicks off at ‘ProElite Presents: Da Spyder vs.                       Minowaman’ January 21 in Honolulu  Business Wire  LOS ANGELES -- January 17, 2012  ProElite MMA (PK:PELE) and DREAM, the largest Japanese MMA organization, have initiated a promotional partnership and fighter exchange program, jointly announced today. The alliance will foster co-promoted events, both in the United States and in Japan with fighter exchanges featured on the cards of both fight promotions, respectively.  “Our partnership with DREAM forms a promotional bond with the most prominent Japanese MMA organization,” said Billy Kelly, President of ProElite and COO of Stratus Media Group Inc. (OTCBB:SMDI) -- parent company of ProElite. “DREAM has developed a stable of great fighters on their roster and a strong team behind the scenes. With this exchange, the two organizations are building a cultural and fight-event bridge that our fans are sure to welcome.  The initial fighter exchange debuts this Saturday, January 21, in Hawaii when DREAM star and Japanese fan favorite Ikuhisa “Minowaman” Minowa takes on Kendall “Da Spyder” Grove in the ProElite main event at the Neal Blaisdell Center.  “I’m really honored to join the partnership with ProElite,” said DREAM Event Producer Keiichi Sasahara. “It is important for us to exploit Asian or Pan-pacific markets by improving relationships with foreign organizations like ProElite. We would like to make this fighter exchange program a first step to generate synergistic success for both organizations.”  DREAM Light heavyweight tournament runner-up Tatsuya Mizuno will take on Ilima Maiava, also on the Honolulu fight card while the always exciting voice of Japanese MMA, Lenne Hardt, will be joining the shows as the fighter walk out announcer. The ProElite main fight card will be televised live on HDNet at 10:00 P.M. EST. Tickets are on sale at the Neal Blaisdell Center box office, all Ticketmaster locations (800-745-3000), www.ticketmaster.com, and www.proelite.com.  ABOUT PROELITE  Founded in 2006, ProElite has been a major global force in the world of mixed martial arts (MMA). ProElite, based in Los Angeles, California, continues its legacy to hold key domestic and international live MMA events. The company owns U.K. based MMA brand Cage Rage and is a significant stakeholder in Spirit MC in South Korea. ProElite signed a broadcast deal with HD NET in October 2011 to show our fights live in the highest quality video for consumers and will continue this great partnership into our future events. ProElite also produced one of the highest rated televised broadcasts of a live major network MMA event.  www.proelite.com  ABOUT STRATUS  Headquartered in Santa Barbara, CA, with offices in Los Angeles, California; New York City, NY; Geneva, Switzerland; and Perugia, Italy, Stratus Media Group, Inc. (SMDI) is an owner, operator, developer, producer, and marketer of live entertainment events. In addition, the company owns Stratus White, a new standard in personal lifestyle and card services for the global affluent. Available by invitation only, Stratus White is a discreet, elite member & partner community providing exclusive and unparalleled service and access across the luxury product & travel, social, sporting, cultural and philanthropic areas of life, including events and experiences.  www.stratusmediagroup.com  www.stratuswhite.com  ABOUT DREAM  Headquartered in Tokyo, DREAM is the only major Japanese major mixed martial arts organization started in 2008 and has held 20 events since. World-class fighters such as Shinya Aoki, Tatsuya Kawajiri, Hiroyuki Takaya and Gegard Mousasi have been fighting for the organization. DREAM is widely regarded as the top MMA event in Asia and aiming for Asian market in 2012 in order to take a leadership to bring the Asian MMA scene to the next step.  www.dreamofficial.com  Forward-Looking Statements  Statements in this press release relating to plans, strategies, projections of results, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Acts of 1933 and 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors. Although the company's management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance or achievements. The company has no obligation to update these forward-looking statements.  Contact:  ProElite MMA – Media Relations Evan Cohen, 818-430-4222 EvanC@ProElite.com  
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