World-class materials scientist to play a key role in accelerating the development of Xeriant’s cutting-edge construction and aerospace products

BOCA RATON, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “the Company”), dedicated to the discovery, development, and commercialization of disruptive technologies in advanced materials and aerospace, is pleased to announce the appointment of Victor Castaño, Ph.D. to the Company’s Advisory Board, effective immediately. Dr. Castaño’s professional expertise is focused on materials science and applied physics, particularly the field for nanotechnology, and will provide Xeriant with guidance in the development of its construction and aerospace products, including thermal barrier coatings and fire retardants, and the application of functional nanomaterials.

“Dr. Castaño is a world-renowned authority in advanced materials and will be a valuable resource for Xeriant as we ready NEXBOARD™ for production. His decades of work in nanotechnology and thermal coatings will help establish NEXBOARD™ as the leader in a new product category in sustainable, high-performance construction materials by utilizing recycled waste and advanced composites. This category bridges the gap between eco-friendly building panels and high-durability, fire-resistant materials traditionally used in aerospace and defense applications,” stated Keith Duffy, CEO of Xeriant.

Over Dr. Castaño’s impressive career, he has successfully developed transformative products across multiple industries. He has been awarded over 30 patents, authored or co-authored over 850 peer-review papers, and is a member of the editorial boards of over 50 international journals.   His work has received over 20,000 citations and he is one of the most cited Latin American scientists in his fields of study. Dr. Castaño is a full professor and founding Director at the Centro de Fisica Aplicada y Tecnologia Avanzada (CFATA) of the Universidad Nacional Autonoma de Mexico (UNAM) and a Visiting Scholar at Purdue University. He spent two years as a postdoctoral fellow at IBM’s Thomas J. Watson Research Center in New York.

“Essentially, NEXBOARD™ is pioneering the Advanced Sustainable Building Panels category, and I am excited to contribute my experience to advance this movement. Xeriant’s green construction materials have the potential to not only revolutionize the building industry, but make a significant impact on global environmental issues,” stated Dr. Castaño.

NEXBOARD is an eco-friendly, patent-pending composite green construction panel generally made from plastic and fiber waste, designed to offer a more sustainable and durable alternative to traditional materials like wood and gypsum board.

About Xeriant, Inc.

Xeriant, Inc. is dedicated to the discovery, development and commercialization of disruptive technologies in advanced materials and aerospace which can be successfully integrated and commercialized for deployment across multiple industrial sectors. We seek to partner with and acquire strategic interests in visionary companies that accelerate this mission. Xeriant’s advanced materials line is marketed under the DUREVER™ brand, and includes NEXBOARD™, an eco-friendly, patent-pending composite construction panel made from plastic and fiber waste, designed to replace products such as drywall, plywood, OSB, MDF, MgO board and other materials used in construction.

For more information, please go to: 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. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Xeriant, Inc.
Investor Relations
(561)-491-9595
IR@xeriant.com
www.xeriant.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/952faa68-6f3d-4870-943c-ee25e13ae141

Víctor M. Castaño Ph.D.

Víctor M. Castaño Ph.D., world-renowned authority in advanced materials, joins Xeriant's advisory board

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