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EnWave Signs Commercial License and Equipment Purchase Agreements with Royal FrieslandCampina N.V.
jan 21st, 2019, 06:00am
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today it had signed Commercial License and Equipment Purchase Agreements (the “Agreements”) with Milkubator, an incubator for innovation programme within global dairy company Royal FrieslandCampina N.V. The Agreements enable the innovation subsidiary to explore and pilot EnWave’s Radiant Energy Vacuum (“REV™”) food dehydration technology for its innovation roadmap.
Furthermore, to its R&D departments, the Milkubator innovation program aims to develop new products that fit the evolving consumer needs and taste preferences
The use of REV™ technology, of course, is key to the development of a product line. EnWave’s REV™ technology uses a combination of vacuum pressure and microwave energy to deliver a high-speed, low-temperature drying process. It removes water from organic materials in a way that preserves flavour and texture as well as its nutritive value.
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. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV™ technology, shortening the time from harvest to marketable cannabis products.
REV™ technology’s commercial viability has been demonstrated and is growing rapidly across several market verticals in the food, and pharmaceutical sectors including legal cannabis. 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 nine distinct market sectors for commercialization of new and innovative products. In addition to these licenses, EnWave has formed a Limited Liability Corporation, NutraDried Food Company, LLC, 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:
- 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;
- powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and
- 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.
Mr. Brent Charleton
President and CEO
For further information:
John P.A. Budreski, Executive Chairman at
+1 (416) 930-0914
Brent Charleton, CFA , President and CEO
at +1 (778) 378-9616
Deborah Honig, Corporate Development
at + 1 (647) 203-8793
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