Merriman Holdings Inc. : BillMyParents, Inc. Retains Merriman Capital As
Capital Markets Advisor
SAN FRANCISCO - January 22, 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 BillMyParents,
Inc. ("BillMyParents") (OTC: BMPI). In this capacity, Merriman will advise
BillMyParents management on various strategic initiatives focused on
increasing shareholder value. These initiatives include the expansion of the
institutional shareholder base, strategies intended to increase trading
liquidity and evaluating an upgrade in venue to NYSE, NASDAQ, or OTCQX.
BillMyParents provides money management solutions to young people under the
supervision and guidance of an adult. It markets prepaid cards to young people
and their parents. The Company delivers an innovative, prepaid MasterCard®
card service to parents and their teens intended to help improve the way
modern families talk about and manage money. BillMyParents tries to help
parents develop responsible teen spending habits that last.
"We are very pleased to add BillMyParents 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 BillMyParents management team in our capacity as their capital
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 BillMyParents, Inc.
BillMyParents, The Responsible Teen Spending Company(TM), delivers an
innovative, prepaid card service to parents and their teens that improve the
way modern families talk about and manage money. BillMyParents helps develop
responsible teen spending habits that last. one transaction at a time.
The BillMyParents SpendSmart(TM) MasterCard® is an instantly trackable,
reloadable, prepaid MasterCard that develops responsible teen spending habits
and improves the way modern families and teens manage money, one purchase at a
time. BillMyParents promotes responsible teen spending, keeping parents &
teens communicating, connected and protected, in real-time, as purchases
happen. For more information visit company's website: www.billmyparents.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."
# # #
Merriman Capital, Inc.
Chief Operating Officer
Merriman Capital, Inc.
Chief Compliance Officer
Merriman Capital, Inc
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Source: Merriman Holdings Inc. via Thomson Reuters ONE
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