EnWave Announces Commercial Launch Of Iögo Protein Crunchy Yogurt Bites … An Agropur Innovation
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that Agropur Dairy Co-operative d.b.a. Ultima Foods (“Agropur”), a royalty-partner of the Company, has successfully developed a new, innovative way of enjoying yogurt on-the-go and will be soft launching its iögo Protein Crunch snack products in Quebec and Alberta this Spring.
Using EnWave’s patented Radiant Energy Vacuum (“REV™”) dehydration technology, Agropur has developed several shelf-stable formulations that maintain active yogurt cultures in the finished snack product. There is nothing like iögo Protein Crunch on the market today, as it offers a crunchy, nutritious, unique yogurt snacking option. iögo Protein Crunch will be available in 35g packaging in the following flavours: sour cream and green onion, cheddar, salted caramel and applewood smoked BBQ.
The project to transform yogurt into snack bites has been ongoing for two years. “Reinventing the dairy experience is one of our organization’s priorities,” explains Martin Parent, General Manager, Yogurt at Agropur “We had an idea and we needed a unique technology to transform it into an opportunity,” he adds. Martin Parent has been supervising the evolution of the iögo’s brand strategy since July 2014. Agropur currently holds an exclusive license to use REV™ machinery for the production of yogurt-based products in Canada and is the first royalty partner of EnWave’s to successfully commercialize a yogurt product.
Agropur Cooperative is a North American dairy industry leader founded in 1938. With sales of $6.4 billion in 2017, the Cooperative is a source of pride to the 3,290 members and 8,300 employees who work together in pursuit of a shared goal: Better Dairy. Better World. Agropur processes more than 6.1 billion litres of milk per year at its 39 plants across North America and boasts an impressive roster of respected brands and products, including Natrel, OKA, iögo, BiPro, Agropur Grand Cheddar, Olympic, Farmers, Island Farms and Québon. Agropur’s head office is certified LEED Silver. For more information on Agropur please visit www.agropur.com.
EnWave Corporation, a Vancouver-based advanced technology company, has developed Radiant Energy Vacuum (“REV™”) – an innovative, proprietary method for the precise dehydration of organic materials. REV™ technology’s commercial viability has been demonstrated and is growing rapidly across several market verticals in the food, legal cannabis and pharmaceutical sectors. EnWave’s strategy is to sign royalty-bearing commercial licenses with industry leaders in multiple verticals for the use of REV™ technology. The company has signed over twenty royalty-bearing licenses to date, opening up eight distinct market sectors for commercialization of new and innovative products. In addition to these licenses, EnWave has formed a Limited Liability Partnership, NutraDried LLP, to develop, manufacture, market and sell all-natural cheese snack products in the United States under the Moon Cheese® brand.
EnWave has introduced REV™ as the new dehydration standard in the food and biological material sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. EnWave currently has three commercial REV™ platforms:
1. nutraREV® which is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour;
2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and
3. quantaREV® which is used for continuous, high-volume low-temperature drying.
An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.enwave.net.
Dr. Tim Durance
President & CEO
For further information:
John Budreski, Executive Chairman at +1 (416) 930-0914
Brent Charleton, Senior Vice President, Sales and Business Development at +1 (778) 378-9616
Deborah Honig, Corporate Development, Adelaide Capital Markets at + 1 (647) 203-8793
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