Merriman Capital Announces Sponsorship of Alexium International Group on OTCQX

SAN FRANCISCO, Jan. 13, 2012/PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Alexium International Group Limited (OTCQX: AXXIY; ASX: AJX; AX: AJX) as its American Depositary Receipts (ADRs) begin trading on OTCQX®.  

Alexium holds proprietary patent applications for a process developed by the U.S. Department of Defense, which allows the surface modification and attachment of nanoparticles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti microbial, non-stick and UV protection. The Company announced today that its ADRs, each representing 40 ordinary shares, are now trading on the 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.

Spencer Grimes, Head of Capital Markets Services at Merriman Capital, stated: "We are excited to welcome Alexium to OTCQX as their PAL sponsor. OTCQX offers a tremendous opportunity for innovative, fast-growing companies, like Alexium, to access U.S. capital markets, which remain the deepest and most developed in the world. The Company is enabling the next generation of material science and nanotechnology to successfully create a new, diversified marketplace in the 21st Century. We look forward to increasing Alexium's exposure to retail and institutional investors through the unique platform that OTCQX offers international companies seeking access to U.S. capital."

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 .

About Alexium International Group Limited
Alexium International Group Limited (OTCQX:AXXIY; ASX: AJX; AX: AJX) holds proprietary patent applications for a process developed initially by the U.S. Department of Defense , which allows for the surface modification and attachment of nanoparticles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti-microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials.

About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market.  Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.  The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange.  For more information and to view a full list of OTCQX companies, visit .

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 28, 2011and our Form 10-Q filed on November14, 2011. 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 28, 2011and 10-Q filed on November 14, 2011, together with this press release and the financial information contained herein, are available on our website, . Please click on "Investor Relations."

SOURCE

Spencer Grimes, [phone], or Howard Bernstein, Chief Compliance Officer, [phone], both of Merriman Capital, Inc.