SAN JUAN, PUERTO RICO - Javier Bustillo, Gary Shaw and Lou DiBella is pleased to announce the signing of the best professional prospect in the history of Puerto Rican amateur boxing, José Pedraza.

Pedraza, during the last Olympic cycle, campaigned at 132 lbs. In addition, captured bronze in the Pan American Games Brazil 2007, won a silver medal at the championships in Milan in 2009 and a gold medal in Mayaguez in 2010 at the Central American Games.

"This is without doubt one of the greatest achievements of Universal Promotions. We are very excited by the addition of Pedraza to the top of the company. I'm sure that in the course of his career he will give great glory to Puerto Rico," said promoter Javier Bustillo, president of Universal Promotions.

"I was always interested in Puerto Rican boxers for their gallantry in the ring and Pedraza is undoubtedly the best of recent times. I'm sure he will develop to be the best and to be a world champion," said promoter Gary Shaw, president of Gary Shaw Productions.

"I am grateful to Javier Bustillo and Gary Shaw for including me in the signing of Pedraza. I've always wanted a presence in Puerto Rico and through Shaw and Bustillo and I will," said promoter Lou DiBella, president of DiBella Entertainment.

Founded by Javier Bustillo, the initial and current base of Universal Promotions is in Ponce, Puerto Rico. Universal Promotions' mission is to provide the best boxing in Puerto Rico and the Caribbean.