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
 
Press spacebar to pause and continue. Press esc to stop.