Cephas Expands Bitcoin Activities
March 24 2014 - 9:53AM
Marketwired
Cephas Expands Bitcoin Activities
PHOENIX, AZ--(Marketwired - Mar 24, 2014) - Cephas Holding
Corp (PINKSHEETS: CEHC) today announced that it has expanded its
business activities in the bitcoin space.
In November 2013, Cephas announced it would accept bitcoin as
payment for tuition in its education subsidiary. Since then
Cephas has been exploring the development of additional bitcoin
opportunities. The company has targeted the bitcoin vending
market, consumer payments and an incubator as potential areas of
activity.
The company has updated its website located at www.cephasbtc.com
to highlight its new focus.
"We believe there is a tremendous future in math based
currencies. Cephas has a history in the payment space dating back
to our work in consumer debit and prepaid cards. Bitcoin is a
natural evolution of that work for us," added Peter Klamka,
President.
Bitcoin is a consensus network that enables a new payment system
and a completely digital money. It is the first decentralized
peer-to-peer payment network that is powered by its users with no
central authority or middlemen. From a user perspective, Bitcoin is
pretty much like cash for the Internet.
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the federal
securities laws. Words such as "may," "might," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. While the Company
believes these forward-looking statements are reasonable, undue
reliance should not be placed on any such forward-looking
statements, which are based on information available to us on the
date of this release. The company's bitcoin businesses are
currently at a preliminary stage and may not materialize in any
meaningful fashion. These forward-looking statements are based upon
current estimates and assumptions and are subject to substantial
risks and uncertainties, including without limitation those set
forth in the Company's filings with the Securities and Exchange
Commission (the "SEC"), not limited to Risk Factors relating to its
Bitcoin business contained therein. Thus, actual results could be
materially different. The Company expressly disclaims any
obligation to update or alter statements whether as a result of new
information, future events or otherwise, except as required by
law.
Cephas Holding Corp info@cephasbtc.com 929-224-2573