updated 2/7/2011 8:45:46 AM ET 2011-02-07T13:45:46

NEW YORK, Feb. 7, 2011 (GLOBE NEWSWIRE) -- The Empire Sports and Entertainment Holding Co. (OTCBB:EXCX), "The Empire," a promoter of entertainment and sports events, today announced that its fighter, undefeated Austin "No Doubt" Trout (22-0, 13 KOs), defeated Rigoberto "Espanol" Alvarez (26-2, 19 KOs) to become the WBA Super Welterweight World Champion at the Arena Coliseo in Guadalajara, Mexico, on Saturday, February 5th.

Austin Trout became a world champion on Saturday with a unanimous decision victory over Mexican WBA 154-pound interim champion Rigoberto Alvarez. All three cards were scored 119-108 in favor of Trout. The 25-year-old Trout controlled the fight, improving to 22-0 as a professional and joining Bob Foster, Danny Romero and Johnny Tapia as New Mexico born world champions.

"It hasn't all set in," Trout said. "I'm still high off it. I know that when the final bell rang, I fell to the floor. It's been a long road. I had it from start to finish and almost had him down in the last round, but he's a strong guy."

"I couldn't be more proud of Austin. From the opening round to the closing bell, there was 'No Doubt' that Austin was the superior boxer as he dominated the action throughout. To fight a Mexican Champion in his hometown in Mexico and have the crowd chant in unison 'Austin, Austin' late in the fight, speaks volumes of how impressive his performance was," commented The Empire Sports and Entertainment's President, Greg Cohen.

"Now we're looking forward to Austin defending his title against the likes of Julio Cesar Chavez Jr., or Saul 'Canelo' Alvarez. Austin has told me he wants 'big fights for big money' and I couldn't agree with him more," continued Cohen.

About The Empire Sports and Entertainment

The Empire Sports and Entertainment, Inc. is a promoter of sports-driven promotions and entertainment events such as concerts, music festivals, pay-per-view programming, as well as other exciting events. The company is led by CEO Shelly Finkel, a legendary promoter and member of The Boxing Hall of Fame.

For more information about this fight or to learn more about "The Empire," visit www.theempirese.com .

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and SPI set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," " forecasts" or similar expressions, are "forward-looking statements". Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.

CONTACT: Seal Point Consulting, LLC
         267-364-5407
         Investors@sealpointconsulting.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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