Merriman Capital Announces Sponsorship of Mooter Media Limited On OTCQX

SAN FRANCISCO, Nov. 22, 2010 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (Nasdaq: MERR), announced today that it will serve as the Principal American Liaison (PAL) for Mooter Media Limited (ASX: MMZ; OTCQX: MOTMY) as it lists on OTCQX®.

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OTCQX distinguishes the best companies traded OTC from more than 9,000 securities traded on the OTCBB and Pink Sheets® that are not required to meet any financial standards or undergo a qualitative review.  

Spencer Grimes, managing director of Merriman Capital, said: "Since being the first investment bank PAL to list companies on the OTCQX, we have been committed to introducing US investors to ASX listed companies.  Mooter Media is further proof of our commitment."

Mooter Media is a developer and provider of digital media solutions, including a contextual targeting and analysis platform.  The Company announced today that it is now trading on the OTC market's highest tier, OTCQX®.

"I am delighted that Mooter today is taking the next step in its bold and ambitious plans for expansion in the United States.  As one of the principal innovators in social photography, we let the world connect together online in revolutionary ways -- using photos as key elements of social games, contests and global networking.  With much of the technical and development team of the Mooter-Hot Shot Media alliance based in San Francisco, we hold a deep affinity with US that will only grow with time.  As the world's only listed specialized social gaming company, we are absolutely excited to be working with Merriman Capital to offer our unique value proposition and unrivaled growth potential to investors across the United States," said Mooter chairman Peter Jermyn.

About Merriman Holdings, Inc.

Merriman Holdings, Inc. (Nasdaq: MERR) is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services.  Merriman specializes in three industry growth sectors: CleanTech, Consumer, Media & Internet and Technology. For more information, please go to http://www.merrimanco.com/.

About Mooter Media Limited

Mooter Media (ASX:MMZ, OTCQX:MOTMY) is a developer and provider of digital media solutions. The Company offers unique solutions in online marketing, including the adVantage contextual advertising platform. It is also a global innovator in revolutionary social photography concepts, allowing users to have fun with their memories. Mooter is a joint venture partner with Hot Shot Media Group, the developer of a novel photo-focused networking, social gaming and contest platform; and Woophy, a geo-targeted online photo community. It is listed on the Australian Securities Exchange and OTCQX International, and has offices in Sydney, Singapore, Hong Kong and San Francisco.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. OTC market.  Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange.  For more information and to view a full list of OTCQX companies, visit www.otcqx.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, 2010. 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, 2010 and the Form 10-Q filed on November 15, 2010, together with this press release and the financial information contained herein, are available on our website, www.mcfco.com. Please click on "Investor Relations."

SOURCE Merriman Capital, Inc.

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