April 24, 2012 – PRNewswire — Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX:MERR), will serve as the Principal American Liaison (PAL) for Audio Pixels Holdings Limited (OTCQX:ADPXY, ASX) as it is now trading American Depositary Receipts (ADRs) on the over the counter (OTC) market’s highest tier, OTCQX.
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. "Merriman Capital has been retained to provide a suite of investor and market making services including the Principal American Liaison compliance function," said Fred Bart, Chairman of Audio Pixels.
Audio Pixels offers a platform of digital speaker technologies based on micro-electro mechanical systems (MEMS) rather than conventional loudspeaker elements for consumer electronics. This enables speaker products with orders of magnitude improvements in performance, in an affordable, 1mm-thick package. Also read: MEMS "transition period" toward market maturity evident in mobile boom
Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
Merriman Capital, Inc. is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. The firm also provides capital raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (otcqx:MERR). For more information, go to http://www.merrimanco.com/.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Audio Pixels Holdings Limited is listed on the Australian Stock Exchange with the code AKP and has its ADRs listed on OTCQX market in the USA with code ADPXY. Audio Pixels Holdings Limited owns 100% of Audio Pixels Limited, an unlisted Israeli corporation that was founded in July 2006 with a technological platform for reproducing sound. Audio Pixels uses entirely new techniques to generate sound waves directly from a digital audio stream using low-cost MEMS rather than conventional loudspeaker elements. Learn more at http://www.audiopixels.com.au/index.cfm/audio-pixels/.
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