Axesstel, Inc. Retains Merriman Capital as Capital Markets Advisor
(Thomson Reuters ONE) -
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]
Unternehmensinformation / Kurzprofil:
Datum: 09.07.2013 - 16:05 Uhr
Sprache: Deutsch
News-ID 276824
Anzahl Zeichen: 6974
contact information:
Town:
San Francisco
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 144 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Axesstel, Inc. Retains Merriman Capital as Capital Markets Advisor"
steht unter der journalistisch-redaktionellen Verantwortung von
Merriman Holdings Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
