Velan Inc.: Results of Annual Meeting of Shareholders

MONTREAL, QUEBEC — (Marketwired) — 07/11/13 — Velan Inc. (the „Corporation“) (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 28, 2013 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held earlier today in Montreal, Quebec.

The details of the election are as follows:

In addition, PricewaterhouseCoopers, Chartered Accountants, have been appointed as auditors of the Corporation until the next annual meeting of shareholders.

The results of the final votes regarding all matters subject to a vote during the annual meeting that took place earlier today will be made available on SEDAR ().

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

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