Welcome!

News Feed Item

Nerium Corporate Update

SAN ANTONIO, TEXAS -- (Marketwired) -- 05/02/14 -- Nerium Biotechnology, Inc. ("NBI") wishes to announce that its Board of Directors has met and made the following resolutions:


--  Mr. Richard Boxer of Toronto, Canada has been appointed as a director of
    NBI and the number of directors has been increased from six to seven.
    Mr. Boxer has extensive experience with business and community
    organizations in both the "for profit" and "not for profit" sectors and
    has served in numerous capacities on various boards and committees. He
    has expertise in complex political, regulatory and compliance
    environments dealing with securities, licenses and labour in Canada. Mr.
    Boxer has extensive knowledge of Canadian equity and debt markets for
    both private and public markets and is currently the President of
    Buckingham Capital Corporation, a small privately owned Canadian
    merchant bank. Mr. Boxer was granted 50,000 options under NBI's
    incentive stock option plan (the "Plan"). Each option entitles the
    holder to acquire one common share of NBI at the price of US$2.00 per
    share until April 28, 2024 and is subject to the terms of the Plan and
    any necessary regulatory and stock exchange approvals.

--  NBI will withdraw its application to the Ontario Securities Commission
    seeking a ruling that it cease to be a reporting issuer. The application
    was announced in the NBI's press release dated February 25, 2014.

--  The annual meeting of shareholders has been scheduled for June 25, 2014
    and the record date for determining shareholders entitled to vote at the
    meeting has been set at May 9, 2014. In accordance with the new by-laws
    of NBI approved at the last annual meeting of shareholders, NBI will
    utilize the Notice and Access process for delivering shareholder meeting
    materials. Under Notice and Access, NBI will deliver proxy-related
    materials by: (i) posting the information circular and other related
    materials on a non-SEDAR website; and (ii) delivering a notice advising
    the shareholders that the proxy related materials are available on the
    website and how they will be able to access the materials. A form of
    proxy will also be included in the Notice and Access package.

--  The audited annual financial statements and the annual Management
    Discussion and Analysis for the year ended December 31, 2013 were
    approved and filed with the NBI's documents on SEDAR (www.sedar.com).

About Nerium Biotechnology, Inc.

NBI is a biotechnology company involved in the research, product development, manufacture and marketing of Nerium oleander-based products. Our existing product line includes Anvirzel™, NeriumAD® (Day Cream and Night Cream) and the recently introduced NeriumFirm™, a contour cream.

For many years, the Company was dependent on oleander biomass from a third party grower. During 2013, the Company began to take steps to further enhance quality control at the farm level by purchasing the farming operations. The Company now owns the land and the plants grown to produce the biomass that is used in making of the oleander based extracts.

NeriumAD (night cream) is a cosmetic product designed for use on wrinkled and/or aging skin. A companion product is the NeriumAD™ Day Cream. These products were developed by our wholly-owned subsidiary, Nerium SkinCare, Inc. ("NSC") and are manufactured for NSC by third party companies. The products are then marketed by Nerium International, LLC ("NI") based in Dallas, Texas. The third skincare product, NeriumFirm™, is being introduced in second quarter of 2014.

The Company is a reporting issuer in good standing in the Province of Ontario whose shares are not listed on any stock exchange or quotation system. There are 36,006,681 common shares issued and outstanding.

Contacts:
Nerium Biotechnology, Inc.
Joseph B. Nester
CFO
210-822-7908

Nerium Biotechnology, Inc.
Dennis R. Knocke
President and CEO
210-822-7908

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will provide economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session will also include a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...