Merriman Holdings Inc. : Zoom Technologies, Inc. Retains Merriman Capital As Capital Markets Advisor

 Merriman Holdings Inc. : Zoom Technologies, Inc. Retains Merriman Capital As
                           Capital Markets Advisor





     SAN FRANCISCO - January 18, 2013 - Merriman Capital, Inc. ("Merriman"), a
   wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced
            today that it has been retained as capital markets advisor to Zoom
    Technologies, Inc. ("Zoom Technologies") (NASDAQ: ZOOM). In this capacity,
        Merriman will advise Zoom Technologies management on various strategic
initiatives focused on increasing shareholder value. These initiatives include
the expansion of the institutional shareholder base and strategies intended to
 increase trading liquidity and maintain a favorable capital markets position.

Zoom Technologies, Inc., through its subsidiaries, engages in the manufacture,
research and development, and sale of electronic and telecommunication
products for the mobile phones, wireless communication circuitry, and related
software products. It provides electronic manufacturing service for original
equipment manufacturer customers of wireless data modules, cable TV boxes,
digital cameras, tablet PCs, and printed circuit board assemblies, as well as
designs solutions for mobile handsets.

"We are very pleased to add Zoom Technologies to our expanding universe of
advisory clients,"commented Douglas Rogers, Managing Director of Merriman's
Capital Markets Advisory Group. "Supporting our clients with advice on best
practices regarding their engagement of the capital markets is a key component
of our advisory platform at Merriman. We look forward to sponsoring and
supporting the Zoom Technologies management team in our capacity as their
capital markets advisor."

About Merriman Capital, Inc.
Merriman Capital, Inc. is an advisory-focused registered investment bank that
provides equity and options execution services, market making, and
differentiated research for high growth companies. The firm also provides
capital formation, 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/.

About Zoom Technologies, Inc.
Zoom Technologies, Inc., through its subsidiaries, engages in the manufacture,
research and development, and sale of electronic and telecommunication
products for the mobile phones, wireless communication circuitry, and related
software products. It provides electronic manufacturing service for original
equipment manufacturer customers of wireless data modules, cable TV boxes,
digital cameras, tablet PCs, and printed circuit board assemblies, as well as
designs solutions for mobile handsets. The company's primary products include
global system for mobile communications (GSM) and code division multiple
access (CDMA) mobile phones, wireless telecommunication modules, digital
cameras, cable TV set-top boxes, and GPS equipment. In addition, it develops
various mobile phones based on GSM, CDMA, WCDMA, TD-SCDMA, and 3G CDMA2000
technologies; and video games and applications for mobile phones and mobile
platforms. The company markets its mobile phone products through distributors
in the Peoples Republic of China and also supplies GSM, CDMA, and 3G CDMA2000
mobile phones to customers. Zoom Technologies, Inc. also exports its products
to Asia, South America, and the Middle-East. The company is headquartered in
Beijing, the People's Republic of China. For more information visit company's
website: http://www.zoom.com/

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 and the Form 10-Q filed on November 14,
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 and the Form 10-Q filed on
November 14, 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."
# # #

At Merriman:

Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612

Will Febbo
Chief Operating Officer
Merriman Capital, Inc.
(415) 248-5603

Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377

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Source: Merriman Holdings Inc. via Thomson Reuters ONE
HUG#1671487