Merriman Holdings Inc (MERR)

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Merriman Holdings Names Jim Ashton to its Independent Advisory Board

http://www.marketwatch.com/story/merriman-holdings-names-jim-ashton-to-its-independent-advisory-board-2014-05-06?reflink=MW_news_stmp

(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - May 5, 2014 - Merriman Holdings, Inc. (otcqx:MERR), the parent company of Merriman Capital, Inc., today announced that it has appointed Jim Ashton to its independent advisory board.

Jim Ashton is the Managing Partner of JA3Partners, LLC, an executive advisory firm that he founded in January 2011. Based in Philadelphia, his firm provides executive consulting to private equity firms and their portfolio companies in the area of business strategy, operational improvement, sales optimization, and M & A.

Prior to starting his own firm, Jim was Chief Executive Officer for SunGard's Financial Systems division, a $2.5 billion business with 13,000 employees worldwide. While at SunGard, Jim led software and service businesses in the areas of Wealth Management, Insurance, Corporate Treasury, Trading, Risk Management, Brokerage and Consulting Services. He also sponsored and integrated numerous key acquisitions and played an important role in SunGard's 2005 $11.3 billion leveraged buy-out with a consortium of private equity firms.

Prior to SunGard, Jim held senior management positions at Premier Solutions Inc., a Safeguard Scientifics technology company that was acquired by SunGard in 1997. He began his career at EDS in Dallas where he held various technical, sales, and managerial positions during a span of 10 years.

Jim is currently on the board of Ultimus Fund Solutions, Lumesis, Wealthcare Capital Management, AG Delta of Singapore and is a past board member of the International Association of Financial Engineers (IAFE). He is also an operating partner with various venture capital and private equity firms.

"We are very pleased to add Jim to our group of advisors and shareholders," commented Jon Merriman. "His experience in building and managing a multibillion dollar financial technology platform business, as well as his operating and investment expertise, will be a significant addition as we build our Digital Capital Network marketplace."

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."

At the Company:

Will Febbo

Chief Operating Officer

Merriman Capital, Inc.

[phone]

Howard Bernstein

Chief Compliance Officer

Merriman Capital, Inc.

[phone]

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

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