SOURCE: Cephas Holding Corp

June 23, 2011 09:45 ET

Cephas Holding Corp Resumes Quotation on the OTCBB

PHOENIX, AZ--(Marketwire - Jun 23, 2011) - Cephas Holding Corp (OTCBB: CEHC) today announced that its securities are once again quoted on the Over the Counter Bulletin Board. The symbol is now CEHC.OB.

"We are pleased to resume the quotation of our common stock on the OTCBB. We look forward to continuing the execution our business plan as a digital media platform in the months ahead. We anticipate some exciting developments in the months ahead," added Peter Klamka of Cephas.

Cephas Holding Corp (www.cephasx.com) is developing various media properties for the iPhone platform as well as filmed entertainment and direct equity investments in related entities.

Cephas Holding's has developed a number of apps targeting the mixed martial arts audience. It currently works with world recognized MMA athletes including Rich Franklin, Wanderlei Silva, and Fedor Emelianenko.

Cephas also has an equity interest in The Network Talent, LLC. In addition to being a worldwide social network for the modeling industry, The Network is the subject of its own reality show called "Remodeled," which is scheduled to air on the CW Network in the United States.

This press release may contain forward-looking statements, including information about management's view of the Company's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law. Factors such as change in consumer demand, technology shifts, and inability to access capital could cause results to differ from expectations.

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