Source: Velan Inc.

Velan Inc.: Announcement

MONTREAL, QUEBEC--(Marketwired - Oct. 2, 2013) - Velan Inc. (TSX:VLN) today announced that on Wednesday, October 9, 2013, it will release second quarter results ended August 31, 2013.

The company will hold an analyst call on Wednesday, October 9, 2013 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 21675768. 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 21675768 then follow system prompts.

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

T.C. Velan

President & CEO

Contact Information:

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

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