2013-03-18 15:09:58 -

SAN FRANCISCO - March 18, 2013 - Merriman Capital, Inc., a wholly-owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), initiated coverage of
Galaxy Gaming, Inc. (OTCQB: GLXZ) with a Speculative Buy rating and a $0.36
price target.

Headquartered in Las Vegas, Galaxy Gaming, Inc. manufactures and distributes
innovative proprietary table games, state-of-the-art electronic wagering
platforms and enhanced bonusing systems to land-based, riverboat, cruise ships
and online casinos worldwide.

"Galaxy  Gaming is a leading player in innovative felt-table gaming concepts and
products,"  commented Joel Achramowicz, Managing  Director at Merriman Capital.
"And,    by    utilizing   networked   computer   technologies-including   Cloud
computing--the  company  has  introduced  exciting  lottery-style  jackpots that
heighten  gaming enthusiasm while    also providing new  recurring revenues to the
company."

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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, 2012and 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.







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Source: Merriman Holdings Inc. via Thomson Reuters ONE
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