SAN FRANCISCO, Jan. 28 /PRNewswire-FirstCall/ -- Merriman Curhan Ford Group, Inc. (Nasdaq: MERR) today announced that it has appointed Steve Eskenazi as its 10th independent advisory board member.
Eskenazi is a former general partner of Walden Venture Capital, where, from 1997-2008, he was responsible for building Walden's digital media and technology practice. During that period, he led successful investments and exits in many companies, such as AdKnowledge (acquired by CMGI for $250 million), BlueLithium (acquired by Yahoo! for $300 million), Cybertrust (acquired by Verizon for $450 million), and DigitalThink (which was publicly traded and attained a market capitalization in excess of $2 billion before selling to Convergys). He also was responsible for raising two funds totaling more than $300 million from both institutional and strategic investors. He has more than 20 years of venture capital, investment banking and technology experience, which includes seven years as a managing director and founder of Alex. Brown's New Media Group. As an equity research analyst, he was selected by The Wall Street Journal as an All-Star software analyst and stock picker in 1995 and 1996.
Eskenazi currently serves on the board of directors of gWallet and Purple Communications and has held recent assignments on the boards of Iconoculture and Real Girls Media. He also served on the board of Outtask, which was acquired by Concur in 2006. Eskenazi is an active member of the Israeli Venture Network, a venture philanthropy network of executives in the United States and Israel.
In his advisory board role, Eskenazi will draw on his digital media and technology expertise and venture capital contacts to further assist Merriman Curhan Ford's senior management in growing the firm's Consumer, Media & Internet and Technology practices.
Jon Merriman, co-founder and chief executive officer of the firm's holding company, Merriman Curhan Ford Group, Inc., stated: "I'm excited for Steve to join the advisory board as our 10th member. I believe his deep strategic insight into fast-growing digital media and technology companies, as well as his experience as a microcap board member and activist will greatly benefit our firm."
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, Media & Internet, Health Care, Natural Resources and Technology. For more information, please go to www.mcfco.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, 2009 and our Form 10-Q filed on November 16, 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," 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 and Form 10-Q filed on November 16, 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".
SOURCE Merriman Curhan Ford Group, Inc.