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SNAP Interactive, Inc. Retains Merriman Capital As Capital Markets Advisor.


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-23 14:35:56 -

SAN FRANCISCO - January 23, 2013 - Merriman Capital, Inc. ("Merriman"), a wholly
owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that
it has been retained as capital markets advisor to SNAP Interactive, Inc. ("SNAP
Interactive") (OTC: STVI). In this capacity, Merriman will advise SNAP
Interactive management on various strategic initiatives focused on increasing
shareholder value. These initiatives include the effective engagement of a
potentially broader institutional shareholder base, strategies intended to
increase trading liquidity and evaluating various opportunities, including
assessments of their trading patterns and opportunities to pursue other venues,
such as NYSE, NASDAQ and the OTCQX.

SNAP Interactive provides online dating and social networking applications.
SNAP's flagship brand, AreYouInterested.com®, is one of the largest social
dating applications on the internet with over 60 million installs, and offers a
completely 
integrated Facebook, iPhone, Android and Web applications. "We are very pleased to add SNAP Interactive 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 SNAP Interactive 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 SNAP Interactive, Inc. Snap Interactive, Inc. develops, owns, and operates a dating and social networking software application. The company offers its dating and social networking application under the AreYouInterested.com brand that can be accessed on Facebook; and mobile devices, such as iPhone and Android, as well as a stand- alone Website. It provides users with messaging, access to communicate with users' matches, the ability to see who viewed their profile, and access to various other features. As of March 22, 2012, Snap Interactive, Inc. had approximately 145,000 subscribers. The company was formerly known as eTwine Holdings, Inc. and changed its name to Snap Interactive, Inc. in December 2007. Snap Interactive, Inc. was founded in 2004 and is based in New York, New York. For more information please visit the company's website at www.snap- interactive.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#1672473]


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