Panza Kick Boxing
is a very nice PC conversion of the classic Amiga kick boxing game by French company Futura.Probably one of the best fighting games ever made (and one of the few Thai boxing games in existence). Features good smooth animations, easy but still complex enough controls which make up for great gameplay. The character development option with a training gym, where you can improve your boxer's abilities is also very nice - as is the option to customize your attacks. The PC conversion even features all the samples from the Amiga game including the cool title tune by Michel Winogradoff. Sadly, there is no soundblaster driver for them but just sample-drivers for the PC speaker and adlib sound card.
The game has some problems on modern computers such as the demo showing up after a couple of milli-seconds on the menu screen, giving you hardly any time to choose the various options. A slow-down util might help. Two thumbs up!
Note: if you like the game, also check out the better but lesser-known sequel called Best of the Best, also on this site :)