Exhibit 99.1

DIRECT MARKETS HOLDINGS CORP TO SEEK VOLUNTARY DELISTING FROM NASDAQ

New York, NY/ September 18, 2012--Direct Markets Holdings Corp. (NASDAQ: MKTS) (the “Company”), today announced that its Board of Directors (the “Board”) has decided to seek a voluntary delisting from the NASDAQ Global Market (“NASDAQ”). The action followed the Board’s review of the status of its potential to regain compliance with certain continuing listing standards required by NASDAQ.

On May 22, 2012, the Company received a notification letter from NASDAQ advising the Company that for the 30 consecutive trading days preceding the date of the notice, the bid price of the Company’s common stock (the “Common Stock”) had closed below the $1.00 per share minimum price required for continued listing on The NASDAQ Global Market pursuant to NASDAQ Marketplace Rule 5450(a)(1) (the “Minimum Bid Price Rule”) The notice stated that the Company would be provided 180 calendar days, or until November 19, 2012, to regain compliance with the Minimum Bid Price Rule. To regain compliance, the closing bid price of the Common Stock must be at least $1.00 per share for a minimum of ten consecutive business days prior to that date.

On August 20, 2012, the Company received a notification letter from NASDAQ advising the Company that for the 30 consecutive trading days preceding the date of the notice, the aggregate market value of the publicly held shares (“MVPHS”) of the Company’s common stock was below the $5,000,000 minimum MVPHS required for continued listing on NASDAQ pursuant to NASDAQ Marketplace Rule 5450(b)(1)(C) (the “MVPHS Rule”). The notice stated that the Company would be provided 180 calendar days, or until February 19, 2013, to regain compliance with the MVPHS Rule. To regain compliance, the MVPHS of the Company’s common stock must be $5,000,000 or more for a minimum of ten consecutive business days prior to that date.

On August 29, 2012, the Company received a notification letter from NASDAQ advising it that the Company no longer complies with NASDAQ’s audit committee requirements as set forth in NASDAQ Marketplace Rule 5605. The notice stated that pursuant to NASDAQ Marketplace Rule 5605(c)(4) the Company will be provided with the following cure period to regain compliance: (i) until the earlier of the Company’s next annual shareholders’ meeting or August 21, 2013; or (ii) if the next annual shareholders’ meeting is held before February 19, 2013, then the Company must evidence compliance no later than February 19, 2013.

Further, on September 13, 2012, NASDAQ halted trading of the Common Stock following the Company’s announcement on September 12, 2012, that the Company’s broker-dealer subsidiary, Rodman & Renshaw, LLC, had advised the Financial Industry Regulatory Authority (“FINRA”) that it was no longer in compliance with the SEC’s Net Capital Rule 15c3-1, and, accordingly, that such subsidiary would cease conducting its securities business, other than liquidating transactions, unless and until it can achieve compliance with the rule. On September 14, 2012, the broker-dealer filed a Form BDW – Uniform Request for Withdrawal of Broker Dealer – with FINRA. Upon acceptance by FINRA, Rodman & Renshaw, LLC’s broker dealer license will terminate.