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Cephas Holding Corp. (Pinksheets: CEHC) is a developer of mobile applications for the iPhone and Android platforms.

CEHC’s latest iPhone app, MMA Underboss, is now available for download on Apple’s App Store on iTunes. The app is free.

CEHC’s MMA Underboss for iPhone is a collection of news feeds updated hourly. Users can view news in headline format and then click through for detailed stories. MMA fans using the Underboss will be amazed at how much information they can obtain by quickly scanning the landing pages of the app. On a fight weekend such as the upcoming UFC 108, fans will be able to follow everything from the news on the weigh-ins to Dana White’s latest Twitter postings in a single, easy to use location on their iPhones.

CEHC’s MMA Underboss aggregates content from a variety of MMA sources. It allows MMA fans to see the best and latest news at a glance. CEHC intends to build the site and the iPhone app to be the leading aggregator of MMA news in the world.

CEHC’s iPhone application projects:

- Fedor Emelianenko. CEHC is actively working with Fedor’s management and its developers to complete Fedor Mobile. Its release is expected to coincide with Fedor’s next MMA fight in the United States.

- MMA Underboss. CEHC has been very pleased with the acceptance of the application. The demand for MMA news in its simple but comprehensive format has been well received by users around the world. Cephas expects to launch an updated MMA Underboss application shortly. The Company has released the website located at www.mmaunderboss.com.

- Iron Sheik. The Sheik continues to sell applications on a daily basis for CEHC in the US and around the world.

- New Applications. CEHC is currently exploring other licensed opportunities for MMA personalities and brands for the iPhone platform. Additionally, Cephas is readying two other newswire applications with advertiser support targeting the male demographics.

CEHC currently has interests in two subsidiaries: Legend Studios Inc. and Legend Credit Inc. Cephas Holding has begun the process in conjunction with the 2009 audit of the parent company to prepare the subsidiaries for use in potential acquisitions.

Additionally, the Company expects to file registration statements for the two subsidiaries on Form 10-12 with the Securities and Exchange Commission within the next 12 months.

CEHC anticipates using the subsidiaries to acquire partial or whole interests in companies that are related to the core business of iPhone applications. The company believes that there may be opportunities in content, mobile advertising, or noted brands and personalities in so called “360 deals” for mobile applications.

About Cephas Holding Corp.

Cephas Holding Corp engages in the development and marketing of mobile applications in the United States. The company develops applications of the iPhone brand of phone focused primarily on mixed martial arts and combat sports. Its products include faceplates, phone accessories, SMS services, and mobile data applications. The company, through its subsidiary, Legend Credit, Inc., also offers stored value cards, including gift cards bearing the Visa and MasterCard logo, as well as television, DVD, and Internet programming based on mixed martial arts. It also markets the Hello Kitty reloadable debit MasterCard through hellokittycard.com. In addition, Cephas Holding sells a NASCAR-themed, SMS-based text messaging service known as Racemobile.com.

Visit Cephas Holding Corp. (CEHC.PK) for more information at www.legendm.com

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