Five new bouts have been announced on the Official DREAM website for upcoming DREAM.3 set to take place on May 11 at the Saitama Super Arena in Japan.

DREAM.3 will feature the second round of the Lightweight Grand Prix tournament which has been whittled down to 8 fighters.

Making his debut in the new organization will be Nick Diaz taking on former two time King of Pancrase, Katsuya Inoue, in a championship eliminator fight.

The winner of the match will go on to face Hayato Sakurai for the welterweight title in July or September.

Diaz is one of many new faces that will make their debut in the fledgling organization. Nick will have a busy two months ahead of him as he is also slated to fight Muhsin Corbbrey at EliteXC’s June 14th event. Diaz is looking to rebound from his TKO loss to KJ Noons at EliteXC Renegade back in November of 2007.

Also added to the growing card is Melvin Manhoef who will battle Korean Kim Dae Won in a Middleweight Grand Prix 1st round reserve fight. Dutch kickboxer, Melvin "Marvelous" Manhoef, comes from K-1 to make his DREAM debut and brings with him an impressive 20-4-1 record. His opponent, Kim Dae Won, is relatively unknown with a few fights in the DEEP organization and one appearance in a Pride Bushido event. He recently defeated Marcelo Garcia via TKO at a K-1 event in October of 2007.

DEEP veteran Takeshi Yamazaki, who has won his last three fights in a row, will appear on the card in a featherweight match up. He was originally scheduled to take on Hiroyuki Takaya but Takaya has since been removed from the card and a new opponent has yet to be announced.

The fourth new bout added to the card will pit the inexperienced Jung Bu Kyung who lost to Mitsuhiro Ishida at DREAM.1 against Daisuke Nakamura, an armbar specialist who has much more experience at 13-9. The last bout between Jason Miller and Katsuyori Shibata was revealed on Tuesday but is now official. Miller and Shibata will battle for the last spot in the second round of the Middleweight Grand Prix.

Here is the Official DREAM.3 fight card as of now:

Lightweight Grand Prix

• Tatsuya Kawajiri vs Luis Buscape
• Joachim Hansen vs Eddie Alvarez
• Caol Uno vs Mitsuhiro Ishida
• Katsuhiko Nagata vs (Shinya Aoki)

Non Tournament Bouts

• Katsuyori Shibata vs Jason Miller
• Melvin Manhoef vs Kim Dae Won
• Daisuke Nakamura vs Jung Bu Kyung
• Katsuya Inoue vs Nick Diaz
• Takeshi Yamazaki vs TBA

Remember, all future DREAM events will air live on HDNet Fights starting with DREAM.3 on May 11th. If you don’t have HDNet, have no fear, RedSweat.com will be bringing you live results and up to the minute play by play commentary for all future DREAM events.

For details visit the official DREAM website. Stand by for more hardcore MMA news!