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Velan Inc.: Announcement

MONTREAL, QUEBEC -- (Marketwired) -- 05/13/14 -- Velan Inc. (TSX:VLN) today announced that on Tuesday, May 20, 2014, it will release fourth quarter year-end results ended February 28, 2014.

The company will hold an analyst call on Tuesday, May 20, 2014 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 877-256-6025, and quoting the reservation number 21717227. 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 21717227 then follow system prompts.

T.C. Velan, President & CEO

Contacts:
VELAN Inc.
Tom Velan
President & CEO
(514) 748-7743
(514) 748-8635 (FAX)

VELAN Inc.
John D. Ball
Chief Financial Officer
(514) 748-7743 ext. 5537
(514) 748-8635 (FAX)
www.velan.com

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