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Merriman Capital Announces Sponsorship of Radient Pharmaceuticals Corporation on OTCQX
Date:6/23/2011

SAN FRANCISCO, June 23, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ: MERR), today announced that it will serve as the Designated Advisor for Disclosure (DAD) for Radient Pharmaceuticals Corporation (OTCQX: RXPC) as it transitions from trading on the NYSE Amex and begins trading on OTCQX®.

(Logo: http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)    

Radient Pharmaceuticals is dedicated to saving lives and money for patients and global healthcare systems through the deployment of its FDA-cleared Onko-Sure® cancer test kit for colorectal cancer treatment and recurrence monitoring.  After previously trading on NYSE Amex, the Company announced today that it is now trading on the OTC market's highest tier, OTCQX.  

In making this transition, Radient Pharmaceuticals joins a growing list of companies that have chosen to move off a U.S. exchange and onto OTCQX.  In doing so, the Company and its investors will continue to benefit from a compliance-driven, full-service trading platform that is more efficient and cost-effective than a traditional exchange listing.

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, Merriman Capital Managing Director, said: "We are very pleased to be partnering with Radient Pharmaceuticals on their transition to OTCQX.  The decision to be quoted on the more cost effective and efficient OTCQX platform is in their shareholders' best interest and will allow management to stay focused on their core business.  I have no doubt that many more companies will be following Rad
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SOURCE Merriman Holdings, Inc.
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