Merriman Holdings to Pursue Strategic Alternatives

Merriman Holdings, Inc. (NASDAQ: MERR) today announced that its Board of Directors will conduct an open process to evaluate strategic alternatives for Merriman Holdings, Inc. to enhance shareholder value, including a possible strategic alliance, merger or sale of the company or its subsidiary, Merriman Capital, Inc. The Board of Directors has established a Special Committee consisting entirely of independent directors to provide focus, assistance and oversight of this process. The company is currently evaluating proposals from several investment banks to assist it in evaluating current proposals and soliciting additional proposals.