Merriman Capital Retained As Capital Markets Advisor To Vapor Corp.

SAN FRANCISCO, June 4, 2012 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), today announced that it was retained as capital markets advisor to Vapor Corp. (OTCBB: VPCO) (OTCQB: VPCO). In this capacity, Merriman will advise Vapor Corp. on various matters related to increasing shareholder value, including expanding the institutional shareholder base, increasing trading liquidity in Vapor's common stock and evaluating an upgrade to OTCQX.

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About Vapor Corp.

Vapor Corp. (OTCBB:VPCO) (OTCQB: VPCO) is a leading distributor and marketer of electronic cigarettes. Vapor owns the largest portfolio of brands of any e-cigarette company and continues to innovate and iterate in the quickly developing and changing electronic cigarette marketplace. Vapor's brands include Smoke Fifty-One,® the leading specialty retail e-cigarette brand, Krave®, the leading disposable e-cigarette brand, EZ Smoker®, the most popular and widely aired direct response television marketed electronic cigarette brand, and VAPOR-X®, the Vapor's newest offering, featuring nicotine free, flavor infused personal vaporizers. Vapor is also the market leader in private label electronic cigarette programs, for regional and national retail chains, distributors and electronic cigarette entrepreneurs. Vapor's electronic cigarettes are available online, on television and through retail locations throughout the United States. For more information visit http://www.vapor-corp.com.

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. We also provide 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/contact.cfm. 

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 . 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, 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.

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