2013-09-24 15:03:02 -
SAN FRANCISCO - September 24, 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 Green Energy
Management Services Holdings, Inc. ("GEM") (OTCQB: GRMS). Merriman will provide
issuer consulting and equity capital markets advisory services to GEM's
Merriman provides its capital markets clients with corporate brokerage services
and advice on the effective engagement of a potentially broader institutional
shareholder base, financing solutions, and strategies for organizing their
capital structure while performing excellent
market making. Merriman's Capital
Markets Advisory Group clients also benefit from access to unique capital
solutions and the implementation of various public markets initiatives.
GEM designs cost-saving solutions related to energy management for its municipal
and commercial customers. These full service energy efficiency programs are
provided on a nationwide basis. In addition to energy saving services, GEM
provides its clients with water conservation solutions through water valve
technology that reduces residential and commercial water usage.
"We are pleased to announce the news of our newest capital markets advisory
client, Green Energy Management Services," said Doug Rogers, Managing Director
of Merriman Capital, Inc. "Merriman's growing portfolio of ongoing corporate
clients benefit from market insight, corporate brokerage services as well as
strategic advice for 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 Green Energy Management Services Holdings, Inc.
Based in the eastern United States, GEM is a full service, national energy
management company. GEM provides its clients all forms of energy efficiency
solutions mainly based in three functional areas: energy efficient lighting
upgrades, renewable energy generation and efficient water utilization. GEM is
currently primarily involved in the distribution of energy efficient ("LED")
lighting solutions and proprietary water management technologies to end users
who utilize substantial quantities of electricity and water. GEM structures its
contracts with no upfront or maintenance costs to its customers and shares in
the achieved energy and maintenance savings, using shared savings contracts.
Additional information on GEM may be found at www.gempowered.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 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,"
"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