From GlobeNewswire:

Xeriant, Inc. has signed a Memorandum of Understanding (MOU) with a leading innovator in recycling, compounding, and pelletizing systems to eventually acquire the company. This partnership will allow Xeriant to access consistent source materials needed to produce NEXBOARD, an eco-friendly composite building panel. The goal is to replace traditional construction materials with NEXBOARD, thereby creating a competitive advantage. Xeriant is also working on developing advanced materials related to air and spacecraft technologies. For more information, visit www.xeriant.com. This press release does not constitute an offer of any securities for sale. Contact the Xeriant Investor Relations Dept. at (561) 491-9595 or [email protected].



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