Zoom Technologies, Inc. Retains Merriman Capital As Capital Markets Advisor

(Thomson Reuters ONE Via Acquire Media NewsEdge) SAN FRANCISCO - January 18, 2013 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it has been retained as capital markets advisor to Zoom Technologies, Inc.

("Zoom Technologies") (NASDAQ: ZOOM). In this capacity, Merriman will advise Zoom Technologies management on various strategic initiatives focused on increasing shareholder value. These initiatives include the expansion of the institutional shareholder base and strategies intended to increase trading liquidity and maintain a favorable capital markets position.

Zoom Technologies, Inc., through its subsidiaries, engages in the manufacture, research and development, and sale of electronic and telecommunication products for the mobile phones, wireless communication circuitry, and related software products. It provides electronic manufacturing service for original equipment manufacturer customers of wireless data modules, cable TV boxes, digital cameras, tablet PCs, and printed circuit board assemblies, as well as designs solutions for mobile handsets.

"We are very pleased to add Zoom Technologies to our expanding universe of advisory clients," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Supporting our clients with advice on best practices regarding their engagement of the capital markets is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Zoom Technologies management team in our capacity as their capital markets advisor." About Merriman Capital, Inc.

Merriman Capital, Inc. is an advisory-focused registered investment bank that provides equity and options execution services, market making, and differentiated research for high growth companies. The firm also provides capital formation, 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) http://www.sipc.org/.

About Zoom Technologies, Inc.

Zoom Technologies, Inc., through its subsidiaries, engages in the manufacture, research and development, and sale of electronic and telecommunication products for the mobile phones, wireless communication circuitry, and related software products. It provides electronic manufacturing service for original equipment manufacturer customers of wireless data modules, cable TV boxes, digital cameras, tablet PCs, and printed circuit board assemblies, as well as designs solutions for mobile handsets. The company's primary products include global system for mobile communications (GSM) and code division multiple access (CDMA) mobile phones, wireless telecommunication modules, digital cameras, cable TV set-top boxes, and GPS equipment. In addition, it develops various mobile phones based on GSM, CDMA, WCDMA, TD-SCDMA, and 3G CDMA2000 technologies; and video games and applications for mobile phones and mobile platforms. The company markets its mobile phone products through distributors in the Peoples Republic of China and also supplies GSM, CDMA, and 3G CDMA2000 mobile phones to customers. Zoom Technologies, Inc. also exports its products to Asia, South America, and the Middle-East. The company is headquartered in Beijing, the People's Republic of China. For more information visit company's website: http://www.zoom.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. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. 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, 2012 and the Form 10-Q filed on November 14, 2012. 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/A filed on April 30, 2012 and the Form 10-Q filed on November 14, 2012, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations." # # # At Merriman: Douglas Rogers Managing Director Merriman Capital, Inc.

(415) 248-5612 Will Febbo Chief Operating Officer Merriman Capital, Inc.

(415) 248-5603 Howard Bernstein Chief Compliance Officer Merriman Capital, Inc (415) 262-1377 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Merriman Holdings Inc. via Thomson Reuters ONE [HUG#1671487]

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