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
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 develop...
SYS-CON Events announced today that Hitrons Solutions 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. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facing...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Stratoscale, the software company developing the next generation data center operating system, exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016.Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere, IT is empowered to take control of their data ce...
Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products and services around this fundamentally unique approach to delivering complete software release management solutions. With a combination of Addteq's services and our extensive list of partners,...
Tricky charts and visually deceptive graphs often make a case for the impact IT performance has on business. The debate isn't around the obvious; of course, IT performance metrics like website load time influence business metrics such as conversions and revenue. Rather, this presentation will explore various data analysis concepts to understand how, and how not to, assert such correlations. In his session at 20th Cloud Expo, Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Sys...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...