Trending

Xeriant has trademarked NEXBOARD™ for its Eco-Friendly Retacell®-based Wall Panels

BOCA RATON, Fla., Sep. 08, 2022 — Xeriant, Inc.  (OTCQB: XERI) (“Xeriant” or “the Company”), a Company dedicated to the discovery and development of advanced materials and technology, announces today that it has trademarked NEXBOARD as the commercial name for its green Retacell®-based wall panels, which can be used to replace wallboard products made from gypsum and wood, such as drywall, plywood, OSB (oriented strand board) and MDF (medium-density fiberboard) for new and retrofit construction. Xeriant continues to work with several large firms – both domestic and international – which are testing the Retacell® fire retardant technology in plastics, woods and textiles for various applications.

“Our goal is to deliver a next-generation building product that economically satisfies the highest level of quality and performance expectations, which is reflected in our branding strategy. NEXBOARD is a superior wallboard for the diverse global construction market, enhancing safety and sustainability, while requiring minimal changes to established installation methods. We have been encouraged by the strong interest in NEXBOARD from the homebuilding community, which is further confirmation that we hit the bullseye,” stated Keith Duffy, CEO of Xeriant.

In addition to the Company’s recently announced Letter of Intent from Next New Concept to use NEXBOARD in the construction of 35,000 homes, Xeriant is in discussions with several other large residential and commercial builders concerning its NEXBOARD wallboard products.

Dave Zajac, Managing Director of Xeriant’s Advanced Chemicals and Materials Division, commented, “Our Retacell®-based wall panels are at a commercialization point for our initial retail and licensing partners, requiring effective product branding which is on point and allows us to build brand identity, awareness and loyalty. We wanted to communicate a strong, straightforward, and trustworthy brand and we believe NEXBOARD can become synonymous with the Company’s core values of safety and sustainability, so the customer can be assured that they’re in for a better experience.”

Retacell® is a biodegradable and nontoxic high-performance thermal- and fire-protection chemical agent that is custom formulated to meet each application’s specifications and can be applied as a coating or treatment or infused during manufacturing into a variety of materials, including recycled plastics and wood-based fiber. Retacell®-infused materials are also water repellent.

About Xeriant, Inc.

Xeriant, Inc. is a holding and operating company dedicated to the discovery and development of advanced materials and technology related to next generation air and spacecraft, 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 is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.

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 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 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.

This press release does not constitute an offer of any securities for sale.

Xeriant, Inc.
Investor Relations Dept.:
(561) 491-9595
[email protected]
www.xeriant.com

24/7 Market News (24/7MN) is a third-party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

Materials in this release are informational and should never be considered research. You must do your own due diligence by reading all available public information. This release is a corporate public statement, and believed to be reliable. The principle editor of 24/7 was contracted for six months of coverage beginning November 18, 2020 and received warrants for the publication and dissemination of corporate information. The Principle editor also owns shares purchased and will sell them at any time of his choosing without notice, which is viewed as a conflict of interest. 24/7 makes no representations and warranties to the completeness of materials provided and are subject to change without notice. 24/7 is not responsible for any gains or losses which result from our opinions or coverage expressed in our emails or our site and readers are cautioned that investing has risks and you may lose all or a portion of your money.

For further information on 24/7 Market News, please go to www.247marketnews.com

Cautionary Statement Regarding Forward Looking Information

Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

RelatedNews

Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SIGN UP FOR OUR NEWSLETTER

Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist