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Cephas Announces Plans for MMA Underboss

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Cephas Holding Corp (PINKSHEETS: CEHC) today announced plans for its new mixed martial arts newswire called MMA Underboss (www.mmaunderboss.com). The newswire will be available as an app for the iPhone platform. The company is completing development of the app and expects submission to iTunes before the end of the month.

The app will be free to download and will be advertiser supported.

Cephas Holdings anticipates that the app will become a mobile "Drudge Report" for MMA fans around the world. Additionally, the company plans to use some of the content generated from the Underboss to enhance the offerings for its upcoming apps for specific athletes.

MMA is one of the fastest growing sports in the world especially with key demographics groups such as 18-24 and 18-34 year old men. The recent Fedor Emelianenko fight drew approximately six million viewers last month on CBS. MMA pay per view events regularly out draw boxing and professional wrestling.

The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and the timely release and significant market acceptance of our products, our ability to raise capital if needed, risks associated with our operations. Other important factors and information are contained in the Company's Annual Report on Form 10-K in the section entitled "Risk Factors," as updated in the Company's Quarterly Reports on Form 10-Q and the Company's other periodic filings with the SEC. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise

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