Velan Inc.: Announcement


MONTREAL, QUEBEC--(Marketwire - Oct. 11, 2011) - Velan Inc. (TSX:VLN) today announced that on Wednesday, October 12, 2011, it will release second quarter results ended May 31, 2011.

The company will hold an analyst call on Tuesday, October 12, 2011 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 800-268-2160, and quoting the reservation number 21541915. 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 21541915 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