SAN FRANCISCO, Oct. 10, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ: MERR), today announced that it brought five new companies on OTCQX® in the third quarter, bringing the total number of OTCQX companies sponsored by Merriman to 27 companies -- more than any other Investment Bank DAD/PAL sponsor.
Merriman Capital is the leading Designated Advisor for Disclosure ("DAD") and Principal American Liaison ("PAL") on OTCQX. The recently sponsored companies include GigOptix, Inc. (OTCQX: GGOX); Solid Resources Ltd. (TSXV: SRW; OTCQX: SLDRF); Antioquia Gold Inc. (TSXV: AGD; OTCQX: AGDXF); Stronghold Metals Inc. (TSXV: Z; OTCQX: SDMTF); and Next Gen Metals Inc. (TSXV: N; OTCQX: NXTTF).
OTCQX distinguishes the highest quality companies traded over-the-counter (OTC) from more than 10,000 securities traded in the United States. There are more than 30,000 companies internationally across more than 50 exchanges that could qualify for sponsorship on OTCQX. Merriman Capital provides research, capital market advisory, and corporate access to its sponsored OTCQX clients.Jon Merriman, Co-Chairman of Merriman Holdings, stated: "We are pleased with the rapid progress of our OTCQX advisory services thus far in 2011. We continue to direct additional resources to this business, which we believe will create increasing, recurring revenue streams for Merriman Capital." About Merriman Capital, Inc. Merriman Capital, Inc. is an investment banking firm providing equity and options execution services; OTCQX research, advisory services, and market making; and capital raise and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ: MERR) and is the premier 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. 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. Merriman Capital, Inc. is the leading investment bank Designated Advisor for Disclosure ("DAD") and Principal American Liaison ("PAL") on OTCQX. 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 28, 2011 and our Form 10-Q filed on August 15, 2011 . 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 28, 2011 and 10-Q filed on August 15, 2011 , 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.