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MERRIMAN CAPITAL INCREASES PRICE TARGET TO $3.00 FROM $2.50 ON OMNITEK ENGINEERING


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2013-03-19 15:36:56 -

 SAN FRANCISCO - March 19, 2013 - Merriman Capital, Inc., a wholly-owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), increased their price
target on Omnitek Engineering Corporation (OTCQB: OMTK) from $2.50 to $3.00.

Omnitek Engineering Corp. develops and supplies natural gas engines and advanced
engine management systems for gaseous fuels worldwide. It also manufactures a
proprietary technology, which is used to convert old or new diesel engines to
operate on natural gas, propane, or hydrogen. The company offers natural gas
engines; conversion kits for converting rich-burn natural gas engines to lean-
burn natural gas engines; and conversion kits for converting a diesel engine to
operate on natural gas. Its products are used for stationary applications, such
as generator sets; and truck and bus markets, including light commercial
vehicles, minibuses, heavy trucks, 
and municipal buses. The company sells and delivers its products through its distributors, engine manufacturers, system integrators, fleet operators, and engine conversion companies, as well as directly to its end-users. Omnitek Engineering Corp. is headquartered in San Marcos, California. CLICK HERE FOR FULL REPORT 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. 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 the Company: Joel Achramowicz Managing Director Equity Research (415) 568-3926 Adriana Piltz Director of Research Merriman Capital, Inc. (646) 292-1424 For Disclosures please see full report in the link above. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Merriman Holdings Inc. via Thomson Reuters ONE [HUG#1686420]


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