Merriman Holdings Inc (MERR)

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$MLSS - Merriman Capital Initiates on Milestone Scientific, Inc. with a Buy Rating

SAN FRANCISCO - July 17, 2014 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced that it has initiated equity research coverage of Milestone Scientific, Inc. (OTCQB: MLSS) with a Buy rating and a $3.00 price target.

Milestone Scientific's injection technology for the medical and dental markets can uniquely identify the tissue targeted for injection. This proprietary technology ensures the practitioner knows the location of the tip of the needle in real-time. This ability should have broad repercussions in the medical community. Clinical evidence for Milestone's core technology has demonstrated potential benefits for a variety of applications, including epidurals, intra-articular injections, colorectal surgery, podiatry, dermatology, nasal/sinus surgery, hair transplant and cosmetic surgery. Milestone Scientific has 24 issued patents and has won a number of awards over the past three years in the dental community, where Milestone currently derives its revenue. In dentistry, it is the first major breakthrough in injection technology since the invention of the hypodermic syringe in the 1860s. Milestone is awaiting FDA and CE approval for its epidural and intra-articular instruments.

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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. (OTCQX: 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 any entity. 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-K filed 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 Merriman:

Brian Murphy
Analyst
Equity Research
[phone]

Adriana Piltz
Director of Research
Merriman Capital, Inc.
[phone]

Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
[phone]

For Disclosures please see full report in the link above.


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Source: Merriman Holdings Inc. via Globenewswire
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