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Merriman Holdings Inc. : Axesstel, Inc. Retains Merriman Capital as Capital Markets Advisor



 Merriman Holdings Inc. : Axesstel, Inc. Retains Merriman Capital as Capital
                               Markets Advisor

SAN FRANCISCO - July 9, 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 Axesstel, Inc.  (the 
"Company"  or  "Axesstel")  (OTCQB:  AXST).  Merriman  will  advise   Axesstel 
management on various strategic initiatives focused on increasing  shareholder 
value and  assist  the company  with  its involvement  with  shareholders  and 
capital markets  participants. Merriman  provides  its advisory  clients  with 
Corporate Services and Capital Markets advice on the effective engagement of a
potentially broader institutional shareholder base, strategies for  organizing 
their  capital  structure  while   helping  to  increase  trading   liquidity. 
Merriman's Capital Markets Advisory Group clients also benefit from access  to 
unique capital solutions  and the  implementation of  various capital  markets 
initiatives.

Axesstel  provides  connected  home,  broadband  access  and  wireless   voice 
solutions for the worldwide telecommunications and home security markets.  The 
company's  product  portfolio  includes  wireless  security  alert  and   home 
automation systems  that  offer consumers  a  variety of  connected  home  and 
security alert  devices  to enhance  the  digital home  experience,  broadband 
gateway products,  including 3G  and 4G  broadband gateway  devices,  wireless 
desktop and wireline replacement terminals that provide an alternative to  the 
traditional  landline  telephone  network.  Its  gateway  products  seamlessly 
combine a modem, wireless  wide area networking, a  Wi-Fi wireless local  area 
network, router and a multi-port Ethernet switch to provide wireless broadband
data access  via  a  plug-and-play  solution that  enables  users  to  network 
multiple desktops and  laptops. Finally, the  company's gateway devices  offer 
voice over Internet protocol to incorporate advanced voice functionality.  

"We are pleased to announce the addition of Axesstel to our rapidly  expanding 
portfolio  of  corporate  advisory  clients," said  Douglas  Rogers,  Managing 
Director and  Head of  the  Capital Markets  Advisory Group.   "Providing  our 
clients with  market  insight,  corporate  brokerage  services  and  strategic 
advisory for public markets  and capital solutions  are central components  of 
Merriman's advisory  and  corporate  services platform.  We  look  forward  to 
working with the  Axesstel management team  in our capacity  as their  Capital 
Markets Advisor."

About Merriman Capital, Inc.
Merriman Capital, Inc. is  a corporate 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  unique high-growth  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 Axesstel, Inc.
Axesstel, Inc. (OTCQB: AXST) is a leading wireless provider of connected home,
broadband access, and voice solutions for the worldwide telecommunications and
home security markets.  Axesstel's best  in class  product portfolio  includes 
wireless security  alert and  home  automation systems,  3G and  4G  broadband 
gateway devices, wireline replacement terminals and phones. These products are
used for connected home management services, high-speed data access, and voice
calling.  The   company  has   supplied  millions   of  devices   to   leading 
telecommunications operators and distributors in over 50 countries  worldwide. 
Axesstel is headquartered in San Diego, California.

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-A filed on April 30, 2013 and  the Form 10-Q filed on May 15,  2013. 
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, 2013  and the  Form 10-Q  filed on  May 15,  2013, 
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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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Merriman Holdings Inc. via Thomson Reuters ONE
HUG#1715266
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