2013-01-09 15:20:34 -

SAN FRANCISCO - January 9, 2013 - Merriman Capital, Inc., a wholly-owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), initiated equity research
coverage of Bitzio, Inc (OTCQB: BTZO) at Buy with a price target of $0.20.


Bitzio,  Inc. develops,  distributes and  monetizes specialty  multimedia mobile
applications  for the consumer market. The company partners with celebrities and
sports/entertainment   organizations   to   produce   applications  tailored  to
established fan communities associated with these popular icons.

"The  social network today is  more important than ever  before when it comes to
mobile  communications  and  culture  in  our  society  today,"  commented  Joel
Achramowicz,  Managing Director at  Merriman   Capital.  "Bitzio  has formulated a
vibrant  strategy that sources the most extensive entertainment fan communities,
first;   then,  the  company's  development  and  marketing  teams  produce  and
distribute mobile applications that really match what fans want to see."

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 August 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 August 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.







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Source: Merriman Holdings Inc. via Thomson Reuters ONE
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