Trunkbow Retains The Piacente Group as Strategic Investor Relations Consulting Firm
BEIJING, May 5, 2011 /PRNewswire-Asia/ -- Trunkbow International Holdings Limited (NASDAQ: TBOW) ("Trunkbow" or the "Company"), a leading provider of Mobile Payment Solutions ("MPS") and Mobile Value Added Solutions ("MVAS") in China, today announced that it has retained The Piacente Group ("TPG"), a full-service investor relations firm with offices in New York, California and Beijing to support the Company's increased investor relations efforts. TPG will assist Trunkbow in implementing a comprehensive shareholder communications campaign aimed at raising visibility among the investment community and building shareholder value.
"TPG is a seasoned and well-respected firm with extensive experience and a track record of success in China and the telecommunications sector, which played strongly into our decision to have the firm lead our investor relations efforts," said Mr. Qiang Li, CEO of Trunkbow, "We have achieved outstanding growth over the last several quarters, and following our successful IPO in February 2011, we believe it is the right time to work with a strategic consultant to increase our visibility among and communication with the investment community. We believe TPG is an ideal partner as we work toward the next level of growth, and look forward to a successful partnership with the TPG team."
Brandi Piacente, President of TPG, added, "China's telecommunications industry is evolving rapidly, with the market for mobile e-commerce creating a sizeable growth opportunity for Trunkbow as we leverage our position as a leader in MPS and MVAS technologies. Having worked closely with a number of technology and mobile service companies, we are well positioned to help Trunkbow refine its message and increase its visibility among investors. We look forward to working with Trunkbow's executive team to developing and implementing a proactive strategic communications and investor relations program to introduce the Company to new institutional investors and helping the Company articulate its growth strategy through this important period."
About Trunkbow
Trunkbow International Holdings (NASDAQ: TBOW), is a leading provider of Mobile Payment Solutions ("MPS") and Mobile Value Added Solutions ("MVAS") in PRC. Trunkbow's solutions enable the telecom operators to offer their subscribers access to unique mobile applications, innovative tools, value-added services that create a superior mobile experience, and as a result generate higher average revenue per user and reduce subscriber churn. Since its inception in 2001, Trunkbow has established a proven track record of innovation, and has developed a significant market presence in both the Mobile Value Added and Mobile Payment solutions markets. Trunkbow supplies to all three Chinese mobile telecom operators, as well as re-sellers, in several provinces of China. For more information, please visit www.trunkbow.com .
About The Piacente Group
The Piacente Group, Inc. ("TPG") is a full service investor relations and financial communications consulting firm with offices in New York, California and Beijing. Representing a balanced portfolio of U.S. and China-based companies, TPG develops and implements strategic programs aimed at broadening investment community sponsorship through best practice execution. Value-driven communications, proactive outreach to Wall Street, targeted media relations and innovative social media methodologies work in concert to market clients' securities before optimal investment audiences.
Please visit The Piacente Group at www.tpg-ir.com , http://www.facebook.com/pages/The-Piacente-Group/178281457760 and http://www.linkedin.com/companies/the-piacente-group .
Follow us on Twitter at http://twitter.com/tpgir .
Safe Harbor Statement:
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to, statements regarding the significance of the Company's listing on the NASDAQ Global Market, the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, and involve known and unknown risks and uncertainties. Actual results may differ materially depending on a number of risk factors including but not limited to, the following: general economic and business conditions, development, shipment and market acceptance of products, additional competition from existing and new competitors, changes in technology or product techniques, and various other factors beyond the Company's control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. Trunkbow International Limited undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Contact Information: |
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In China: |
In the U.S. |
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Trunkbow International Holdings Limited |
Trunkbow International Holdings Limited |
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Ms Alice Ye, Chief Financial Officer |
Mr. John R. Herrera, Senior Vice President |
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Phone: +86-10-8571-2518 (Beijing) |
Phone: +1-512-568-2715 (Austin) |
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Email: [email protected] |
Email: [email protected] |
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The Piacente Group |
The Piacente Group |
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Wendy Sun |
Brandi Floberg/Lee Roth |
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Phone: +86-10-6590-7991(Beijing) |
Phone: +1-212-481-2050 (New York) |
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Email: [email protected] |
Email: [email protected] |
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SOURCE Trunkbow International Holdings Limited
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