MULTI-TITLE WINNER, "SUGAR" SHANE MOSLEY AND TWO-TIME CHAMPION, "FEROCIOUS" FERNANDO VARGAS FINALLY MEET IN A TWELVE-ROUND JUNIOR MIDDLEWEIGHT SHOWDOWN.

They are two of the premier boxers of this generation, superstars who transcended the sport and competed in some of the most memorable bouts in recent years. But the timing was never right for these two multiple world title holders to meet. UNTIL NOW.

On Saturday, February 25th, "Ferocious" Fernando Vargas and "Sugar" Shane Mosley will finally clash in a highly anticipated 12-round junior middleweight bout.

For the winner, another world title opportunity will be in the offing. For the loser, it's a long road back.

"I know 'Sugar' Shane Mosley and Fernando Vargas very well, probably better than I really want to," laughed Golden Boy Promotions President, Oscar De La Hoya, who has fought Mosley twice and Vargas once. "They are both tremendous warriors who will not leave the ring without having giving their all for themselves and their fans. It's rare to see fighters like this these days, and I know that February 25th is going to be a great day to be a fight fan."

"This is as exciting an event as you can get in boxing," said Kathy Duva, CEO of Main Events. "Not only do you have two of the sport's biggest names, but you have quite a 'Round Robin' circle. Mosley defeated De La Hoya and De La Hoya beat Vargas, while Vargas beat Wright and Wright defeated Mosley. This is an intriguing, evenly matched showdown."

"We are excited to kick off the 2006 boxing calendar with this sensational event," said Richard Sturm, president of entertainment and sports for MGM MIRAGE. "Vargas and Mosley are spectacular fighters and will provide and electric atmosphere for the Mandalay Bay fans."

"Fernando Vargas and Shane Mosley have faced every big challenge, and now they're finally facing each other," said Mark Taffet, HBO Senior VP of Sports Operations & Pay-Per-View. "Boxing fans will truly appreciate this match up of stars."

Vargas (27-2, 23 KO's) is one of the sport's most popular boxers thanks to his 'ferocious" style and extraordinary courage. The 27-year old Oxnard, CA native earned himself a spot among boxing's top fighters when he pound out victories over former world champion, Ike Quartey and The Ring magazine's No. 2 ranked "Pound-for-Pound" boxer, Ronald "Winky" Wright. A two-time world champion, Vargas earned boxing stardom by virtue of his two "Fight of the Year" clashes. In 2000, Vargas squared off against Felix Trinidad in one of the year's most action packed events and in 2002, he faced rival Oscar De La Hoya. The two bouts together received over 1.5 million pay-per-view buys. "El Feroz" has won his last four bouts.

Three-time world champion, Shane Mosley (41-4, 35 KO's) has spent the majority of the past six-plus years unanimously rated among the sport's top 10 "Pound-For-Pound" fighters. The 33-year old Pomona, California native twice defeated future Hall of Fame fighter, Oscar De La Hoya, the only boxer to ever do so after dominating the lightweight division by successfully defending his crown eight times. Their first fight in 2000 ended in an all-out battle with Mosley rallying to win a split decision. In their second bout in 2003, Mosley landed on top again scoring a unanimous decision over the Golden Boy. Both bouts combined received over 1.5 million pay-per-view buys.

An exciting undercard will be announced shortly.