Pre Paid Debit Card Company and Credit Card Processor Merchant Processing International...

Pre Paid Debit Card Company and Credit Card Processor Merchant Processing International Enters LOI to Be Acquired by Berman Holdings, Inc.

LAS VEGAS--(Business Wire)--Berman Holdings, Inc. (Pink Sheets:BRMN) today announced it has
entered a letter of intent to acquire 100% of Merchant Processing
International, Inc. Merchant Processing International Inc. processes
approximately $5,000,000 a month in credit card processing
transactions for its merchants.

Merchant Processing International, Inc. has approximately 100
agents located across the United States that offer complete merchant
account services. Through Merchant Processing International, Inc.
merchants can begin processing credit cards. Merchant Processing
International, Inc. establishes merchants through either the
merchant's point of sale terminals, wireless terminals and or the
Internet. Merchant Processing International, Inc. currently processes
over $5,000,000 a month in credit card transactions.

Merchant Processing International, Inc. has recently entered the
prepaid debit card industry. According to market data available there
are between 40 and 80 million people in the United States who don't
have a bank account or who can't qualify for a credit card because
their credit scores are too low. This is called the under banked
market. The emerging pre paid debit card solutions now available can
act as a virtual bank account, card account and payment solution for
those people who do not use banks or credit cards. For the under
banked the evolution taking place with pre paid debit cards can
replace their reliance on check cashing centers, money orders, and the
inability to buy certain products that require a major credit card.

This industry is estimated at $100 Billion and growing at 30% a
year. Merchant Processing International, whose registered mark is "A
Card For Everyone," states that it will guarantee the approval of a
prepaid debit card for anyone who has a valid ID, regardless of
credit, employment or banking history.

The company's decision to acquire Merchant Processing
International, Inc. from Berman Holdings, Inc. founder Bruce Berman
comes on the heels of Berman Holdings, Inc. acquiring Berman Marketing
Group, Inc. also from Bruce Berman. Berman Marketing Group, Inc. is a
multi channel direct market firm specializing in direct response
marketing through Television, Radio, Internet and Print media.

Bruce Berman, President of Berman Holdings, Inc., stated, "This
proposed acquisition of Merchant Processing International, Inc. is a
logical next step for our company. Berman Marketing Group already has
a contractual relationship with Merchant Processing International,
Inc. and we have begun to work together."

Specific terms of the Letter Of Intent were not disclosed;
however, Berman Holdings Inc. will not conclude the acquisition
without approval by 51% or more of disinterested shareholders.

About Berman Holdings, Inc.

Berman Holdings, Inc. is a publicly traded holding company whose
current holdings consist of a 100% interest in the Berman Marketing
Group, Inc.

For further information contact Ryan Guenthart at 877-237-6260 ext
110 or visit the Company website at www.4BMG.com. For Merchant
Processing International, www.BankMPI.com.

Certain statements contained in the above, are forward-looking
statements that involve risks and uncertainties. The statements
contained herein that are not purely historical are forward looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements deal with the Company's
current plans, intentions, beliefs and expectations and statements of
future economic performance. Forward-looking statements involve known
and unknown risks and uncertainties that may cause the Company's
actual results in future periods to differ materially from what is
currently anticipated. The Company cannot guarantee its future
results, levels of activity, performance or achievements.

for Berman Holdings, Inc.
Ryan Guenthart, 877-237-6260 x110

Copyright Business Wire 2008