2013-09-18 15:03:01 -
SAN FRANCISCO, September 18, 2013-- Merriman Capital, Inc., a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced its
exclusive engagement with iD Perfumes, Inc. to advise on growth capital to
further support its growing perfume business for Adam Levine's line of debut
fragrances, as well as sign and develop new and exciting perfume brands. In
addition, Merriman Capital, Inc. will be assisting iD Perfumes, Inc. to finance
a roll up of independent perfumery chains in the United States.
"The fragrance industry in the United States is complex and fragmented. I am
prepared and eager to implement my consolidation plan, which will bridge the gap
between the manufacturer and the consumer, and help the entire industry
grow" said Ilia Lekach, CEO and Chairman of ID Perfumes, Inc., former CEO of
Perfumania Holdings (PERF
- NASDAQ) and Parlux Fragrances.
About iD Perfume, Inc.
iD Perfume, Inc. is a new business whose management team is behind the success
of fragrance collections for Paris Hilton, Perry Ellis, Guess?, Ed Hardy, Katy
Perry, Selena Gomez, and most recently Adam Levine. Catering to both local and
duty free retail, iD Perfumes products can be found in a variety of major retail
and specialty chain stores in the United States and International markets.
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. (OTCQX: MERR) and is the
leading investment banking firm for unique high-growth companies. For more
information, please go to www.merrimanco.com
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/
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."
# # #
At the Company:
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Source: Merriman Holdings Inc. via Thomson Reuters ONE