2013-01-10 15:00:30 -
SAN FRANCISCO - January 10, 2013 - Merriman Capital, Inc. ("Merriman"), a wholly
owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced that
it was retained as capital markets advisor to Premier Alliance Group, Inc.
("Premier Alliance") (OTC: PIMO). In this capacity, Merriman will advise Premier
Alliance on various matters focused on increasing shareholder value. These
matters include the expansion of the institutional shareholder base, aiding in
trading liquidity and evaluating an upgrade to NYSE, NASDAQ, or OTCQX.
Premier Alliance provides sustainability and information technology consulting
services for many companies in a broad range of sectors. The Company has
expanded through internal growth and acquisition to cover many other areas, such
as corporate sustainability and compliance.
"We are very pleased to add Premier Alliance to our expanding universe of
advisory clients," commented Douglas Rogers, Managing Director of Merriman's
Capital Markets Advisory Group. "Supporting our clients with advice on best
practices regarding their engagement of the capital markets is a key component
of our advisory platform at Merriman. We look forward to sponsoring and
supporting the Premier Alliance management team in our capacity as their capital
markets advisor."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an advisory-focused registered investment bank that
provides equity and options execution services, market making, and
differentiated research for high growth companies. The firm also provides
capital formation, 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 Premier Alliance Group, Inc.
Premier Alliance Group, Inc. is a provider of information consulting services.
The customer base includes businesses in the education, financial, healthcare,
insurance, manufacturing, professional service, retail, textile, transportation,
and utility industries, as well as governmental agencies. Consulting services
reach areas that include, but are not limited to, professional services,
business sustainability, technology, governance, risk, compliance, and
accounting. In March 2012, it acquired GreenHouse Holdings, Inc. and in January
2013, the Company acquired Ecological, LLC. For more information please visit
the company's website at www.premieralliance.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
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#1669453]