2013-01-03 12:13:48 -
SAN FRANCISCO - January 3, 2013 - Merriman Capital, Inc., a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced that it has
been selected to serve as the Designated Advisor for Disclosure (DAD) for
SearchCore, Inc. (OTCQX: SRER), a technology-based Internet marketing services
company that connects consumers with brands, products and services.
OTCQX distinguishes the best companies traded over-the-counter (OTC) from more
than 9,000 securities traded on the OTCBB and OTC Link that are not required to
meet any financial standards or undergo a qualitative review. A Designated
Advisor for Disclosure (DAD) is selected by an OTCQX company to serve as a
securities professional knowledgeable in both the disclosure requirements of
U.S. securities laws and the most effective investor communications practices.
DAD eligibility is limited to reputable securities attorneys or FINRA member
investment banking firms.
"We are very pleased to have been selected by SearchCore as the company's new
Designated Advisor for Disclosure," commented Douglas Rogers, Managing Director
of Merriman's Capital Markets Advisory Group. "A key differentiator for the
Merriman platform is the support we provide for all of our advisory-based
clients with clear guidance on best practices regarding financial and material
information reporting requirements. We look forward to supporting the SRER
management team in our capacity as their new DAD to the OTCQX market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing equity and
options execution services, market making, and differentiated research for high
growth companies. The firm also provides capital raising, 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
OTCQX 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/.
About SearchCore, Inc.
SearchCore, Inc. is a technology-based Internet marketing services company that
offers customers an integrated suite of services including media, technology,
marketing and information. Founded in 2010, SearchCore is headquartered in
Newport Beach, California. The Company's common stock trades on the OTC Market's
highest tier, OTCQX, under the ticker symbol "SRER." www.SearchCore.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 the Company. 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, 2012 and the Form 10-Q filed on November
14, 2012. 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,"
"estimate," "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, 2012 and the Form 10-Q filed on November
14, 2012, 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 Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
Will Febbo
Chief Operating Officer
Merriman Capital, Inc.
(415) 248-5603
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377
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originality of the information contained therein.
Source: Merriman Holdings Inc. via Thomson Reuters ONE
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