SAN FRANCISCO, Jan. 13, 2012 /PRNewswire/ -- Merriman
Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc.
(OTCQX: MERR), today announced that it will serve as the Principal
American Liaison (PAL) for Alexium International Group Limited
(OTCQX: AXXIY; ASX: AJX; AX: AJX) as its American Depositary
Receipts (ADRs) begin trading on OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)
Alexium holds proprietary patent applications for a process
developed by the U.S. Department of Defense, which allows the
surface modification and attachment of nanoparticles or multiple
chemical functional groups to surfaces or substrates to provide
functions such as water proofing, oil proofing, anti microbial,
non-stick and UV protection. The Company announced today that its
ADRs, each representing 40 ordinary shares, are now trading on the
OTC market's highest tier, OTCQX.
OTCQX distinguishes the best companies traded over-the-counter
(OTC) from more than 9,000 securities traded on the OTCBB and OTC
Link that are not required to meet any financial standards or
undergo a qualitative review.
Spencer Grimes, Head of Capital
Markets Services at Merriman Capital, stated: "We are excited to
welcome Alexium to OTCQX as their PAL sponsor. OTCQX offers a
tremendous opportunity for innovative, fast-growing companies, like
Alexium, to access U.S. capital markets, which remain the deepest
and most developed in the world. The Company is enabling the next
generation of material science and nanotechnology to successfully
create a new, diversified marketplace in the 21st Century. We look
forward to increasing Alexium's exposure to retail and
institutional investors through the unique platform that OTCQX
offers international companies seeking access to U.S. capital."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm
providing equity and options execution services, market making, and
differentiated research for high growth companies. We also provide
capital raising, 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/contact.cfm.
About Alexium International Group Limited
Alexium International Group Limited (OTCQX:AXXIY; ASX: AJX;
AX: AJX) holds proprietary patent applications for a process
developed initially by the U.S. Department of Defense , which
allows for the surface modification and attachment of nanoparticles
or multiple chemical functional groups to surfaces or substrates to
provide functions such as water proofing, oil proofing,
anti-microbial, non-stick and UV protection. Applications under
development include but are not limited to textiles, paints,
packaging, glass and building materials.
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.
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
November14, 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, 2011and 10-Q filed on November
14, 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.
