Merriman Curhan Ford Acted as Lead Placement Agent in Trunkbow's $22.5 Million Private Financing

SAN FRANCISCO, Feb. 11 /PRNewswire-FirstCall/ -- Merriman Curhan Ford (Nasdaq: MERR) acted as the lead placement agent in Trunkbow International Holdings Ltd.'s ("Trunkbow") private placement financing valuing the company at a post-money valuation of approximately $65 million. Merriman Curhan Ford raised a total of approximately $22.5 million of equity capital for Trunkbow.  VeriFone Holdings, Inc. (NYSE: PAY) and Bay Peak LLC were co-lead investors in this offering.  The transaction closed today.

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In connection with the closing of this offering, Trunkbow consummated a share exchange transaction ("Share Exchange") with Bay Peak 5 Acquisition Corp. ("Bay Peak 5").  Pursuant to the terms of the Share Exchange, Bay Peak 5 first acquired from Trunkbow's stockholders all of Trunkbow's issued and outstanding shares in exchange for the issuance to them of a number of shares of Bay Peak 5 common stock constituting 95% of its outstanding securities on a fully-diluted basis. Upon completion of the Share Exchange, Bay Peak 5 changed its name to Trunkbow International Holdings, Ltd.

About Trunkbow International Holdings, Ltd.

Trunkbow is a leading provider of technology platform solutions that enable telecom service providers to deploy mobile value-added service applications for their subscribers in the People's Republic of China.  The company's solutions may be generally classified into two categories: mobile value-added service technology platforms and mobile payment solutions. In 2009, Trunkbow began rolling out its mobile payments platform initially throughout the province of Shandong carriers and plans similar deployments throughout multiple provinces.

About Merriman Curhan Ford

Merriman Curhan Ford (Nasdaq: MERR) is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in five growth industry sectors: CleanTech, Consumer, Media & Internet, Health Care, Natural Resources and Technology.  For more information, please go to www.mcfco.com.

Note to Investors

This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties.  This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K/A filed on April 30, 2009 and our Form 10- Q filed on November 16, 2009. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K/A filed on April 30, 2009 and Form 10-Q filed on November 16, 2009, together with this press release and the financial information contained herein, is available on our website by going to www.mcfco.com and clicking on "Investor Relations."

SOURCE Merriman Curhan Ford Group, Inc.

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