Merriman Capital Adds Health Care Investment Banker David Sans, Ph.D. To Financial Entrepreneur Platform

SAN FRANCISCO, Sept. 5, 2012 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced the addition of health care investment banker David Sans, Ph.D. to its Financial Entrepreneur Platform (FEP).

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Through the FEP platform, Merriman contractually provides financial entrepreneurs with professional services, such as compliance and security licensing, facilities, legal support, distribution and technology infrastructure to help them grow their business.

Dr. Sans has more than 20 years of experience working in Life Sciences, which includes being former head of corporate development at publicly traded biotech companies such as ImClone Systems. He also was head of health care investment banking at leading firms, including Summer Street in Boston and Aegis Capital in New York. Dr. Sans is able to apply his deep scientific and training expertise in both corporate development and capital markets to bring value to clients.

"In my career I have always gravitated towards working with value creation opportunities that bring high alpha to clients. Most recently, we have been focused on transactions based on direct mergers, up-listings and public offerings," remarked Dr. David Sans. "I focus on quality companies with positive Phase II clinical trials, strong clinical data and validated technologies that are ready to enter the public markets."

Will Febbo, COO of Merriman, commented: "We are pleased to have David on our platform. The firm has had a long history in the Life Sciences area and David will be a strong resource for us to turn to on transactions. David joining our platform gives him the ability to execute on high quality deals outside of our existing verticals. We look forward to addressing the large market of Life Science companies who need to establish deals with strategic partners and raise the needed capital to hit their development milestones."

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 http://www.merrimanco.com/.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://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."

SOURCE Merriman Holdings, Inc.