William Febbo to Become CEO of OptimizeRx Corp.

San Francisco - February 23, 2016 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQB: MERR), announced today that William J. Febbo has resigned from the firm's Board of Directors to take the role of CEO of OptimizeRx Corp. (OTCQB: OPRX).

"Will has been a great business partner and board member for the last 8 years.  He is a strong operator, entrepreneur, and strategic thinker and, most of all, a very valued friend," said Jon Merriman, founder and CEO of Merriman Capital. "Will has put countless hours into helping to transition our business within an industry that has come under a great deal of pressure and that has historically been resistant to change. We will miss him, but I'm very excited that he is taking over the role of CEO for OPRX. Will was instrumental in advising on the recent strategic investment by WPP, and I view this as a superb opportunity and natural transition for him. We wish him the best of luck in his new role and look forward to maintaining our great relationship in the years to come." 

"While working with Jon and the team at Merriman, I had the opportunity to meet with hundreds of innovative public companies with impactful solutions which needed help navigating the capital markets. When I came across OPRX, one of Merriman's advisory clients, I saw a company with huge potential. The Merriman team focused on getting a sizeable strategic investment from WPP, which positioned OptimizeRx as a leader in the space," said Will Febbo, CEO of OptimizeRx.

Febbo continued, "While I am excited to shift my energy to OptimizeRx as CEO, I wish nothing but success to my friends at Merriman as they continue to help firms raise the capital needed to innovate and grow. I developed a strong relationship with Jon and Ron as we did battle in a tough space and I look forward to continuing that relationship in the years ahead."

About OptimizeRx Corp.
OptimizeRx Corp. provides unique consumer and physician platforms to help patients better afford and comply with their medicines and healthcare products, while offering pharmaceutical and healthcare companies effective ways to expand patient awareness, access and adherence to their medications. OPRX is based in Rochester, MI. For more information, please go to www.optimizerxcorp.com or www.samplemd.com.

About Merriman Capital, Inc.
Merriman Capital, Inc. ("MC") is a full service investment bank and broker-dealer providing comprehensive advisory, fund raising and M&A services for fast growing public and private companies, and equity and options executions services to sophisticated investors. The firm is also a leader in providing entrepreneurial, independent investment banking teams with a compliant, flexible and highly collegial platform. Merriman Capital facilitates capital formation through its proprietary digital network (http://www.digitalcapitalnetwork.com - the "DCN"), a private placement marketplace that enables highly targeted, diligent and compliant execution of transactions primarily targeted toward Family Offices.

Merriman Capital, Inc. is the wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQB: MERR).The Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc.  All securities are offered through Merriman Capital, Inc., 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."

 

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At Merriman:
Adriana Piltz
Chief Operating Office
(646) 292-1424
[email protected]

 

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