2013-03-11 14:06:57 -
SAN FRANCISCO - March 11, 2013 - Merriman Capital, Inc., a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it
acted as co-manager for Professional Diversity Network, Inc.'s (NASDAQ: IPDN),
initial public offering that was priced on March 5, 2013. In conjunction with
the IPO, the Company's stock began trading on the NASDAQ Capital Market under
the ticker symbol IPDN.
About Professional Diversity Network, Inc.
Professional Diversity Network develops and operates online networks dedicated
to serving diverse professionals in the United States. To date, the company has
been particularly focused on Hispanic-American and African-American
professionals and recently launched additional websites dedicated to other
diverse segments, including women, Asian-American, LGBT (lesbian, gay, bisexual
and transgender), differently-abled and military professionals. The company
currently has over two million members and more than
3,000 companies and
organizations, including 60% of the Fortune 500 companies, have listed job
postings on their websites.
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
15, 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:
David Lachtman
Managing Director
Merriman Capital, Inc.
(415) 248-5683
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
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(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
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