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  ------------------------------------------------------------------------------  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