Merriman Curhan Ford Announces Expansion of MCF Services Group
* Reuters is not responsible for the content in this press release.
Spencer Grimes Named Managing Director of MCF Services Group SAN FRANCISCO--(Business Wire)-- Merriman Curhan Ford (NASDAQ:MERR) announced today that it has named Spencer Grimes as managing director of its MCF Services Group. Grimes recently oversaw the Corporate Services practice at Merriman where he specialized in advising corporate management teams on a variety of matters, including executing complex trades and coordinating with investment banking to assist in financing transactions. Grimes is now charged with bringing that expertise to the firm`s OTCQX Advisory and Institutional Marketing Services (IMS) practices within the MCF Services Group. MCF Services Group leverages the firm`s core capital markets capabilities to create tailored services for undiscovered, fast-growing domestic and foreign companies. These services include: * Merriman Equity Research - generates thought-leading analysis in CleanTech, Consumer/Internet/Media, Health Care, Natural Resources and Technology sectors through industry and company-specific reports. * Exposure to Institutional Investors - provide access to buy-side firms through research conferences, road shows and other one-on-one investor opportunities. * Advisory Services - counsel c-level executives on matters related to investor relations selection, corporate structure, acquisitions, divestures and share repurchases. OTCQX Advisory Specific In addition to the services offering above, the OTCQX Advisory practice of MCF Services Group provides detailed guidance for foreign issuers to achieve an OTCQX listing. OTCQX provides a gateway to U.S. securities markets for international companies that are already listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. "MCF Services Group was established in 2007 with the launch of our OTCQX Advisory practice and later expanded to include domestic companies with our IMS offering in 2008," said Rob Ford, co-founder of Merriman Curhan Ford and president of MCF Services Group. "Spencer has drawn upon his 12 years in financial services to successfully define and execute capital markets programs for corporate issuers. I now look to Spencer, and his industry and business development skills, to help us further scale the MCF Services Group." Ford continued: "Currently, 17 fast-growing companies, from Asia, Australia, Canada and the United States, are gaining institutional investor interest from the tailored capital markets services we provide them through the MCF Services Group on a monthly subscription basis. We are also the advisor to 23% of all OTCQX-listed companies, and 70% of OTCQX-listed companies using an investment bank as their advisor use Merriman." About Merriman Curhan Ford Merriman Curhan Ford (NASDAQ: MERR) is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in five growth industry sectors: CleanTech, Consumer/Internet/Media, Health Care, Natural Resources and Technology. For more information, please go to www.mcfco.com. About OTCQX OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. More importantly, OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier OTCQX, which commenced trading on March 5, 2007. For more about OTCQX, visit www.otcqx.com. Note to Investors This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. 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/A filed on April 30, 2009. 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," "will," 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/A filed on April 30, 2009, together with this press release and the financial information contained herein, is available on our website by going to www.mcfco.com and clicking on "Investor Relations." This release is for information purposes only and should not be regarded as an offer to sell or solicitation to buy the securities or other instruments of the companies mentioned. Merriman Curhan Ford Matthew Ord, 415-262-1382 Vice President Marketing Communications mord@mcfco.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters