SOURCE: Cephas Holding Corp

Cephas Holding Corp

March 23, 2011 09:34 ET

Cephas Breaks Ground on FightAcademy.org

PHOENIX, AZ--(Marketwire - March 23, 2011) - Cephas Holding Corp (PINKSHEETS: CEHC) today announced that it has begun development of FightAcademy.org. FightAcademy.org is being designed to be an integrated digital platform for aspiring mixed martial artists.

Drawing on the tradition of the original Gracie Academy that continues with the Ultimate Fighter television program, FightAcademy.org plans to provide video instruction to aspiring mixed martial artists anywhere there is an internet connection. In the launch version, the site will aggregate videos from various sources and eventually create its own instructionals.

Additionally, the app version of FightAcademy expects to integrate a location based mobile platform. Fighters will be able to "check in" with various brick and mortar MMA schools, amateur events, and other MMA related activities. Interested businesses will be able to participate by engaging an active and involved audience both online and in the mobile world.

FightAcademy.org expects to hold its first online classes in the second quarter of 2011.

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "plans," and "projects" and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. There is no guarantee that the company will complete the development of FightAcademy.org or create a business from its activities. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

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