BOCA RATON, Fla., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI), a company dedicated to the discovery, development, and commercialization of transformative technologies, today provided an update on NexBoard® production. The Company continues to work with multiple contract manufacturers and potential strategic production and distribution partners to accelerate commercialization of NexBoard, the Company’s eco-friendly Universal Construction Panel™.
“Scaling up the production of NexBoard to meet demand is a good issue to have. These relationships are critical for Xeriant to meet the current demand for hundreds of millions of square feet per year,” said Keith Duffy, CEO of Xeriant. “Interested parties and other potential customers need to know that Xeriant has the production capacity to meet their volume requirements and delivery schedules.”
The Company has been working to move from limited production runs of NexBoard for customer evaluation to consistent, cost-effective manufacturing at substantially greater volumes. Its efforts include setting up relationships with production partners and potentially multibillion-dollar companies with established manufacturing infrastructure and distribution networks, both domestically and internationally.
“We are progressing as fast as possible, however with large manufacturing partners, we are initially having to deal with established production schedules. With the multinational strategics, complex negotiations and agreements have been involved to ensure Xeriant’s valuable intellectual property is well-protected.” Duffy added.
Positioned as the Universal Construction Panel, NexBoard is designed to provide an affordable, eco-friendly, all-purpose replacement for traditional building materials such as drywall, plywood, oriented strand board (OSB), medium-density fiberboard (MDF), and magnesium oxide (MgO) board across qualified applications. NexBoard combines recycled plastic and fiber waste with proprietary Durazite™ fire-protection technology to achieve exceptional fire, moisture, mold, and mechanical performance, a combination of attributes that allows it to be used in place of several specialized boards.
About Xeriant, Inc.
Xeriant, Inc. is dedicated to the discovery, development, and commercialization of transformative technologies, with a focus on advanced materials that can be successfully integrated and deployed across multiple industrial sectors. The Company’s advanced materials line is marketed under the DUREVER™ brand and includes NexBoard™, an eco-friendly composite construction panel made from recycled plastic and fiber waste, and NexPatch™, its companion fire-resistant joint compound.
For more information, visit www.xeriant.com.
SAFE HARBOR / FORWARD-LOOKING STATEMENTS
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. hereby provides cautionary statements identifying important factors that could cause actual results to differ materially from those projected in forward-looking statements. Any statements that are not historical facts and that express or involve discussions about expectations, beliefs, plans, objectives, assumptions or future events or performance may be forward-looking and may involve estimates and uncertainties that could cause actual results to differ materially from those expressed. These statements include, but are not limited to, expectations concerning completion of the current production campaign, product performance following lightweighting, sample fulfillment, customer evaluations, and commercialization progress.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements, and investors should not place undue reliance on such statements. Any forward-looking statement speaks only as of the date it is made, and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date.
This press release does not constitute an offer of any securities for sale.
Xeriant, Inc.
Investor Relations Department
(561) 491-9595
IR@xeriant.com
www.xeriant.com
