2013-08-21 15:05:02 -
SAN FRANCISCO - August 21, 2013 - Merriman Capital, Inc. ("Merriman"), a wholly
owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that
it has been retained as Capital Markets Advisor to Calpian, Inc. (the "Company"
or "Calpian") (OTCQB: CLPI). Merriman will provide various advisory services to
Calpian's management team including support with shareholder and capital markets
engagement as well as strategic initiatives focused on increasing shareholder
Merriman provides its advisory clients with Corporate Services and Capital
Markets advice on the effective engagement of a potentially broader
institutional shareholder base, financing solutions, and strategies for
organizing their capital structure while helping to increase trading liquidity.
Merriman's Capital Markets Advisory Group clients also benefit from access to
unique capital solutions and the implementation of various capital markets
its subsidiaries, provides an integrated suite of payment
processing services and related software enabling products to the U.S. merchant
community. Calpian Commerce, a wholly owned subsidiary offers credit and debit
card processing, ACH, mobile acceptance and gateway payment solutions to
merchants in the U.S. operating in a physical "brick and mortar" business
environment and/or over the Internet, and in settings requiring wired as well as
wireless/portable payment solutions. Calpian Commerce delivers its products and
services to merchants via three delivery chains: a direct sales force, ISOs and
Agent Banks. Calpian also provides Money-on-Mobile, a pre-paid mobile payment
solution to over 150,000 retail locations in India. Calpian was founded in 2010
and is based in Dallas, Texas.
"We are pleased to announce the addition of Calpian to our growing portfolio of
capital markets advisory clients," said Doug Rogers, Managing Director of
Merriman Capital, Inc. "We provide corporate clients with market insight,
corporate brokerage services as well as strategic advisory for public markets
and capital solutions."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a corporate advisory-focused registered investment
bank that provides equity and options execution services, market making, and
differentiated research for high growth companies. The firm also provides
capital formation, advisory, and M&A services. Merriman Capital, Inc. is a
wholly owned subsidiary of Merriman Holdings, Inc. and is the leading investment
banking firm for unique high-growth companies. For more information, please go
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial
Industry Regulatory Authority (FINRA) www.finra.org/
and the Securities
Investor Protection Corporation (SIPC) www.sipc.org/
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in
Dallas, Texas, operating centers in Georgia and New York and mobile payments
emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment
solution, to 151,530 Indian retail locations. Calpian's management team has over
70 years in combined experience in the payments business. Calpian's CEO, Harold
Montgomery, is a recognized industry leader who has provided expert testimony to
the U.S. Congress and Federal Reserve Bank on payments-related issues and
regularly appears in numerous industry publications, such as Transaction World
Magazine. Please visit our website at www.calpian.com for more information.
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 any entity. 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, 2013 and the Form 10-Q filed on August 14, 2013.
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,"
"expect," "intend," "may," "should," 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, 2013 and the Form 10-Q filed on August 14, 2013, together with this
press release and the financial information contained herein, are available on
our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
Merriman Capital, Inc.
Chief Operating Officer
Merriman Capital, Inc.
Chief Compliance Officer
Merriman Capital, Inc.
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Source: Merriman Holdings Inc. via Thomson Reuters ONE