The following news is provided courtesy of MMAWeekly:

At a pre-fight press conference held on Saturday in Japan for Sunday’s DREAM.3, officials from both Dream and ProElite, Inc. announced a working relationship between the two promotions that will include sharing of fighters and referees, as well as co-promoted shows in the future.

“In the last year ProElite and EliteXC and other brands have made a lot of progress, and some of our progress is due in part to our relationship with FEG and now with Dream,” said ProElite executive William Kelly. “We are sharing fighters. We are sharing referees. We intend to do co-promotions with Dream both in Japan and in the U.S.”

Kelly also mentioned possibly taking co-promoted shows between Dream and EliteXC to places like England and Korea in the future. He commented on the strong relationship between ProElite and television giants CBS and Showtime, and indicated that they will work to present EliteXC and Dream co-promoted shows on the networks.