Velan Inc.: Announcement


MONTREAL, QUEBEC--(Marketwire - Dec. 22, 2011) - Velan Inc. (TSX:VLN) today announced that on Wednesday, January 11, 2012, it will release third quarter results ended November 30, 2011.

The company will hold an analyst call on Wednesday, January 11, 2012 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 800-268-5851, and quoting the reservation number 21567127. 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 21567127 then follow system prompts.

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 ext. 5537
(514) 748-8635 (FAX)
www.velan.com