SOURCE: Cephas Holding Corp

May 24, 2011 08:39 ET

Cephas Holding Corp Announces Form 211 Filed

PHOENIX, AZ--(Marketwire - May 24, 2011) - Cephas Holding Corp (PINKSHEETS: CEHC) today announced that a market maker has filed a Form 211 on the Company's behalf with the Financial Industry Regulatory Authority (FINRA) for a relisting of the company's common stock on the Over the Counter (OTCBB) quotation service.

The Company has always maintained a fully reporting status since inception. It was previously listed on the OTCBB.

"We believe that this step demonstrates our continued commitment to our shareholders and our belief in enhancing investor confidence in our business efforts," added Peter C. Klamka, Chairman of Cephas Holding Corp.

No assurance can be made that the application will be accepted or that that company's securities will be quoted on the OTCBB.

Cephas Holding (www.cephasx.com) corporation is a new media platform with various mobile applications available through the iTunes store as well as an equity interest in "The Network Talent, LLC" which is a global talent company focused on models and the fashion industry.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.

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