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Friday, February 27, 2009

Cephas Signs Wrestling Legend, "The Iron Sheik," For Branded iPhone Applications

--Cephas Holdings Corp.

NEW YORK, NY, February 27, 2009 - Cephas Holdings Corp. (OTCBB: CEHC) today announced that its subsidiary, Bomani Corp., has signed international wrestling superstar, "The Iron Sheik," to a three year licensing agreement for iPhone applications.

The Iron Sheik is known to millions of fans around the world as one of the most recognized personalities in the history of professional wrestling. The Sheik has recently recaptured the public's imagination with a several outspoken appearances on the Howard Stern Show and a series of popular interviews on Youtube.

The company expects to use The Iron Sheik in a number of different applications capturing his unique personality, opinions, and worldwide fame.

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.