AllDigital Engages Merriman Capital as Capital Markets Advisor
09 Ottobre 2012 - 2:00PM
AllDigital, Inc. (OTCBB:ADGL), a leading provider of premium
digital broadcasting solutions to devices, today announced that it
has signed an engagement agreement with Merriman Capital, Inc. to
function as capital markets advisor to AllDigital. In this
capacity, Merriman will advise AllDigital on various strategic
matters, including potentially raising capital and engaging in
merger and acquisition activities.
"We are very pleased to engage with Merriman Capital," says Paul
Summers, CEO of AllDigital. "They have a strong track record as an
innovative capital markets advisory group, and we anticipate that
partnering with the Merriman team will result in an increase in
AllDigital's overall market value."
Copyright ©2012. AllDigital, Inc. All rights reserved. All marks
are the property of their respective holders.
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing
equity and options execution services, market making, and
differentiated research for high growth companies. We also provide
capital raising, 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 OTCQX
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).
About AllDigital, Inc.
AllDigital offers secure digital broadcasting solutions across
multiple devices including mobile, desktop and digital television.
Global media and entertainment, enterprise, and organizations (such
as government, faith-based groups, and others) have leveraged from
our connected device technology to get to market faster, more
efficiently. Our enterprise grade solutions include AllDigital
Broadcast (Radio, Television, and VoD solutions), AllDigital Cloud
(Origin Cloud Storage and Transit), SocialMedia Pro (brand and
distribute digital media content via Facebook), and Integration
Services (custom app development, digital workflow design, and
more).
The AllDigital Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=14716
Forward Looking Statements
This release may contain forward-looking statements as well as
historical information. Forward-looking statements, which are
included in accordance with the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995, may involve
risks, uncertainties and other factors that may cause AllDigital's
actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this release. These risks and
uncertainties include, without limitation, the risks that
AllDigital will not identify suitable partners for any capital
raising or acquisition transactions, that any future proposed
transaction will not close and that costs (including dilution)
associated with any future transactions will exceed benefits. In
addition, other risks are identified in AllDigital's filings with
the SEC (under the name AllDigital Holdings, Inc.). Such
forward-looking statements speak only as of the date of this
release. AllDigital expressly disclaims any obligation to update or
revise any forward-looking statements found herein to reflect any
changes in AllDigital's expectations or results or any change in
events.
CONTACT: Press Contact
Kim Troxel, Director of Marketing
Email: pr@alldigital.com
Phone: 949.250.0701
Fax: 949.250.0730
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