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Merriman Holdings Names Steven Cinelli to its Independent Advisory Board

SAN FRANCISCO - August 4, 2014 - Merriman Holdings, Inc. (MERR), the parent company of Merriman Capital, Inc., today announced that it has appointed Steve Cinelli to its independent advisory board.  

Steve Cinelli is a career banker and financier, who has been on the leading edge of applying technology to capital formation.  Before the term "crowdfunding" was coined, Steve co-founded and designed the first online private equity market system, OffRoad Capital, in 1999, and later founded PRIMARQ, which intermediates equity finance for residential real estate.  A thought leader in the space, Steve has been an active author and speaker on topics of venture capital, mortgage reform, financial technology, online markets and crowdfunding.

"With the increasing numbers and nature of online capital platforms, I believe there is a need to deliver a best practice approach, blending high level financial acumen with an online experience for informed and engaging investor assessment and decision making.  I am pleased to contribute to the Merriman Digital Capital Network (DCN) efforts in setting a standard in e-finance and institutional crowd funding during this very exciting time," said Steve Cinelli.

"I am excited to have Steve on our team as we improve the user experience in our digital capital marketplace," said Will Febbo, CEO of DCN. "His entrepreneurial vision and passion for creating technology solutions within the capital markets is critical to our continued growth with family offices, high net worth investors and institutions."


About Merriman Capital, Inc.

Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (MERR) and is a leading advisory firm for publicly traded, high-growth companies.

Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.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 filed on March 31, 2014. 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-Kfiled on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."

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At the Company:

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 NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via GlobeNewswire