Xeriant, Inc. provided an update on the production and certification of its eco-friendly NEXBOARD construction panels. Over the past several months, Xeriant executed its second successful pilot production run of its full-size 4?x8? panels using a U.S. contract manufacturer, which was designated for testing and to provide samples to national homebuilders.

Following dozens of internal and third-party tests, the Company has greatly improved the panel?s properties, and is now finalizing critical modifications to the filler composition to improve the panel?s weight and rigidity. The third NEXBOARD pilot production run of its full-size 4?x8? panels, scheduled for mid-July, will be monitored and documented by one of the leading accredited testing and certification agencies.

The next major milestone, which the Company has been diligently working toward, will be passing the 15-minute NFPA 286 ?corner room? test, an extremely demanding fire test used to evaluate fire safety performance related to flame spread, smoke production and heat release. Pending NEXBOARD?s NFPA 286 certification, the Company will begin the commercial phase of production via a contract manufacturer followed by the financing and buildout of multiple large-scale manufacturing centers strategically located throughout the U.S. to meet the needs of its current clients.

A top White House economist recently announced the federal government?s goal of creating two million affordable homes in an ambitious program to address the national housing crisis. With Xeriant?s eco-friendly NEXBOARD on the verge of certification, production, and commercialization, the Company is well-positioned to play a leading role in this national effort. NEXBOARD is at the forefront of the rapidly growing green construction materials market, projected to reach $1.2 trillion by 2032 according to Fortune Business Insights.

The robust development of next-generation building products is driven by the need for eco-friendly alternatives that address unsustainable environmental trends, as well as the pursuit of greater durability and longevity compared with current conventional products. The construction industry uses about 60% of all natural resources, either directly or indirectly (The Constructor), while contributing about 33% of waste (International Solid Waste Association) and 40% of CO2 emissions (World Economic Forum).