STAMFORD, Conn., Aug. 26 /PRNewswire/ -- The Xmark Opportunity Funds will vigorously oppose the motion to dismiss filed by CepTor Corporation (OTC Bulletin Board: CEPO) and its Chairman and CEO, William H. Pursley. Xmark characterizes this motion as a desperate and ill-conceived act. Mr. Pursley asserts in the Company's press release that "Xmark's actions speak for themselves" because Xmark has not converted its preferred stock into common stock, and thus was never even positioned to take advantage of the long-delayed registration of that common stock. This statement lacks any understanding of the capital markets, as no intelligent investor would trade the rights and preferences of preferred stock for untradable common stock, let alone do so at a loss. Xmark is confused as to how the CEO of a public company would approve such an ignorant statement. The primary reason Xmark did not recently position itself to sell its stock once the registration statement became effective is because the Company's legal counsel disclosed to it -- without any accompanying public announcement -- that the Company is seeking additional financing, and thereby gave Xmark -- without its prior permission -- material non-public information, together with a securities law warning not to trade on that information. Whether or not this disclosure was true or just a further manipulative ploy by the Company to keep Xmark out of the market, Xmark steadfastly complies with its securities law obligations and refrained from any trading in CepTor common stock. The news of the impending financing was independently confirmed to Xmark earlier this week by one of the founders of, and investors in, CepTor -- Mr. David Blech -- who offered Xmark "hush money" in the form of 100,000 shares of his own common stock if Xmark agreed to refrain from trading CepTor common stock for 90 days and drop the lawsuit. The Company had initially sought to keep its settlement discussions with Xmark confidential. Now that the Company has seen fit to publicize those discussions, the public record of those discussions should be corrected. In the course of those settlement discussions, Xmark sought a rescission of its preferred stock investment at par; it never requested a premium of any kind. Indeed, Xmark's rescission proposal represented a discount to the market price of the common stock. Despite the Company's desperate attempts to shift the focus of this lawsuit with red herrings, this lawsuit is not about Xmark. This lawsuit is about a Company and its CEO who breached their obligations to investors by extraordinarily and unjustifiably delaying the registration of those investors' shares. DATASOURCE: The Xmark Opportunity Funds CONTACT: Mitchell D. Kaye, Chief Investment Officer of The Xmark Opportunity Funds, +1-203-653-2500

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