MONTREAL, QUEBEC–(Marketwired – June 29, 2016) –

Velan Inc. (TSX:VLN) today announced that on Tuesday, July 12, 2016, it will release 1^st Quarter results ended May 31, 2016.

The company will hold an analyst call on Tuesday, July 12, 2016, at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 888-273-1350, and quoting the reservation number 21814078. There will be a PostView available for 7 days following this conference call. The numbers are as follows: 416-626-4100 or 800-558-5253 Enter Reservation number 21814078 then follow system prompts.

For further information contact John D. Ball, CFO at 514-748-7743, ext. 5537.

T.C. Velan

CEO

VELAN Inc.
John D. Ball
Chief Financial Officer
(514) 748-7743
(514) 748-8635 (FAX)
www.velan.com