SAN FRANCISCO - April 7, 2015 - Merriman Holdings, Inc. (OTCQB: MERR), the parent company of Merriman Capital, Inc., announced today that it has been retained by Leading Brands, Inc. (NASDAQ: LBIX) to identify new strategic opportunities for the company.
Leading Brands is engaged in the development, bottling, marketing and distribution of beverages for sale in Canada and Asia. Its principal product lines include shelf-stable bottled juices and water. The company is the only fully integrated premium beverage company in North America in that it designs, bottles, markets and sells its proprietary brands, allowing it to maintain superior quality control and achieve higher margins. HappyWater(R), a naturally alkaline blend of spring waters that contain naturally-occurring Lithia is the company's newest product and will be available across Canadian markets by mid-2015. The company anticipates the launch of HappyWater® into the U.S., by year end. HappyWater(R) is also available in proprietary, environmentally-conscious packaging, the WaterBox(TM), an alternative to PET and BPA-laden packaging with 85% less plastic than conventional bottles.
"We are excited to work with the management team of Leading Brands to find exciting new opportunities for the company, in particular, including but not limited to looking to the U.S. market for acceleration of their business," commented Jon Merriman, CEO of Merriman Capital. Merriman continued, "We are impressed with the breadth of the Leading Brands product line, especially HappyWater®, and believe it is a particularly attractive growth asset in their portfolio of well positioned healthy beverage brands."
About Leading Brands, Inc. Leading Brands, Inc. (LBIX) is North America's only fully integrated healthy beverage company. Leading Brands creates, designs, bottles, distributes and markets its own proprietary premium beverage brands via its unique Integrated Distribution System (IDS)
(TM) which involves the Company finding the best and most cost-effective route to market. The Company strives to use the best natural ingredients hence its mantra: Better Ingredients -- Better Brands.
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Corporate Services Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQB: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com. Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All operations on the Digital Capital Network are currently being executed by Merriman Capital, Inc.
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/.
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 filed on March 31, 2015. 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 filed on March 31, 2015, 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 the Company:Michael Doran
General Counsel
(415) 568-3905
Alexandra Petek
Vice President
(415) 248-5681
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
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