SOURCE: True Drinks Holdings, Inc.

True Drinks Holdings, Inc.

December 09, 2014 09:00 ET

True Drinks Announces the Appointment of Jon Merriman to the TRUU Advisory Board

IRVINE, CA--(Marketwired - December 09, 2014) - True Drinks, Inc. (OTCQB: TRUU), a healthy beverage provider with major entertainment and media company licensing agreements for use of their characters on its proprietary, patented bottles, today announced that brokerage and banking industry veteran Jon Merriman has joined the True Advisory Board as Chairman.

As co-chairman and CEO of Merriman Holdings, Inc, Jon Merriman is responsible for the overall strategic direction of the firm as well as working closely with the firm's clients. He actively advises fast-growing public and private companies on complex capital market and financing issues and works directly with growth-oriented investors. With more than 25 years of experience in the investment banking and brokerage business, he brings deep experience in corporate turnarounds and building growth companies. His extensive institutional and personal network and his trading experience give him a unique perspective when working with investment banking clients, as well as institutional investors.

Prior to forming Merriman Capital, Merriman was Managing Director and the head of the Wells Fargo Securities equity group, formerly First Security Van Kasper, and served on FSVK's Board of Directors. Merriman was subsequently appointed Chairman and CEO of publicly traded telecom company Ratexchange, which he restructured into Merriman Curhan Ford, now known as Merriman Capital. He has served on more than 10 private and public company boards over the course of his career and has been a frequent guest on Bloomberg TV, as well as CNBC's show "Fast Money," and has been a regular contributor to financial publications such as The Wall Street Journal, Barron's and The Daily Deal.

"I look forward to Jon helping us build our newly formed advisory board. He is a true contrarian and a pioneer in seeking undiscovered opportunities well in advance of the mainstream investment community," said Lance Leonard, CEO of True Drinks, Inc. "Jon's relentless energy and passion for growth companies will help us more efficiently engage with our new and current investors as we continue to expand our business."

"True Drinks' brands address a huge problem confronting us today, that of childhood obesity. Given AquaBall Naturally Flavored Water's status as the only sugar free, zero calorie alternative to juice and soda for kids, they are an important part of the solution for the obesity problem," commented Jon Merriman. "True Drinks' early success in gaining traction with world class partners such as Disney, Kroger, Sam's Club, and others speaks to the quality of the team as well as the originality and need for the product."

About True Drinks, Inc.
True Drinks, Inc. is a beverage company with licensing agreements with major entertainment and media companies for use of their characters on its proprietary, patented bottles. AquaBall™ Naturally Flavored Water, the Company's vitamin-enhanced water that was created as a 0 calorie, sugar-free alternative to juice and soda for kids, is currently being sold into mass-market retailers throughout the United States. For more information, please visit www.aquaballdrink.com and www.truedrinks.com.

About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Corporate Services Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. and is a leading advisory firm for publicly traded, high-growth companies.

Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com. Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All operations on the Digital Capital Network are currently being executed by Merriman Capital, Inc.

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/.

Contact Information

  • Contact:
    Investor Relations 
    True Drinks, Inc.
    18552 MacArthur Blvd., Ste. 325
    Irvine, CA 92612
    ir@truedrinks.com
    949-203-3500