Here's the story about Vitali being KO'd. Sounds like he wasn't down and out or anything, just knocked down. Unless this passage is referring to him being completely out, but I'm pretty sure it's saying he was just knocked down and would've beat the count had there been one.

"The Ukrainian went down, and had it been regular Boxing or Kickboxing rules, there was no way there would have been any kind of ten-count. As it was, being a light-contact match, the ref just waved the fight off and Reid was the new European Champion."

BOXNEWS.com.ua - Boxing news - The Man Who "Knocked Vitali Klitschko Out"...What Really Happened!