CEO Brent Charleton provides an overview of how 2023 was a radically transformative year for the company setting the stage for material growth and profitability in 2024 and beyond.

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EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it will exhibit at ANUTEC – International FoodTec India 2023 (“ANUTEC”), bolstering its dedication to commercializing its proprietary Vacuum-Microwave Dehydration (“VMD”) technology in the Southeast Asian market.

EnWave will showcase its industry-leading VMD technologies, which have garnered global recognition for their ability to revolutionize food processing for high-quality snacks and ingredients.

EnWave will leverage ANUTEC as a platform to educate food industry professionals and stakeholders about the myriad benefits of VMD technology, to showcasing its patented Radiant Energy Vacuum (“REV”) VMD technology.  EnWave will be exhibiting at Booth C-14 Hall 1 during the ANUTEC event, which is scheduled to take place September 7^th-9^th in Mumbai, India.

By effectively preserving the nutritional content, taste, and quality of food products, REV technology has the potential to address critical challenges in food processing and contribute to a more sustainable and efficient food supply chain.

EnWave’s participation at ANUTEC underscores its leadership in the field of VMD but also demonstrates its commitment to catalyzing positive change and fostering innovation within the Southeast Asian food processing landscape.

About ANUTEC – International FoodTec India 2023  

ANUTEC is a global trade fair and exhibition focused on the food and beverage processing industry. It serves as a comprehensive platform for professionals, manufacturers, and suppliers to showcase the latest technological innovations, equipment, and solutions related to food production, processing, packaging, and distribution. Through its diverse range of exhibitors, seminars, and networking opportunities, ANUTEC facilitates knowledge exchange and industry advancement, driving enhanced efficiency, quality, and sustainability in the food processing sector.  In 2022, ANUTEC had 419 exhibitors and 20,000 visitors, making it the largest food-focused tradeshow in Southeast Asia.

About EnWave  

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost. 

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance. 

EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following the benefit of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value. 

Learn more at EnWave.net. 

EnWave Corporation 

Mr. Brent Charleton, CFA 

President and CEO 

For further information: 

Brent Charleton, CFA, President and CEO at +1 (778) 378-9616 
E-mail: bcharleton@enwave.net  

Dylan Murray, CFO at +1 (778) 870-0729
E-mail: dmurray@enwave.net   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The post EnWave to Exhibit at ANUTEC – International FoodTec India 2023 appeared first on EnWave.

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) a global leader in vacuum-microwave dehydration technology, announced today it will report its financial results for the third quarter ended June 30, 2023 on Thursday, August 24, 2023 after market close. The financial statements and MD&A will be available on SEDAR at www.sedar.com and on the Company’s website in the late evening Vancouver time.

The Company has scheduled a conference call to discuss the results for Q3 2023 and business outlook on Friday, August 25, 2023 at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time). Brent Charleton, Chief Executive Officer and Dylan Murray, Chief Financial Officer will present EnWave’s results and host a question and answer period. 

Conference Call Details:

About EnWave  

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost. 

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance. 

EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following the benefit of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value. 

Learn more at EnWave.net. 

EnWave Corporation 

Mr. Brent Charleton, CFA 

President and CEO 

For further information: 

Brent Charleton, CFA, President and CEO at +1 (778) 378-9616 
E-mail: bcharleton@enwave.net  

Dylan Murray, CFO at +1 (778) 870-0729
E-mail: dmurray@enwave.net   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The post EnWave to Report Third Quarter Financial Results on August 24, 2023 and Host Investor Conference Call appeared first on EnWave.

Vancouver, BC, August 16, 2023

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with Moleciwl Cyf, a Welsh toll-manufacturing start-up that will provide value-added processing and drying services to fruit and vegetable growers across the United Kingdom.

During the term of the Agreement, Moleciwl Cyf will lease a pilot-scale vacuum-microwave machine to facilitate in-house product development, and market-testing for domestically-grown dried fruit and vegetable products destined for snack and ingredient applications. If the technology evaluation is successful, the Agreement provides Moleciwl Cyf with the right to license EnWave’s Radiant Energy Vacuum (“REV”) technology, the Company’s proprietary vacuum-microwave platform, to process fruit and vegetable products in Wales. 

EnWave has licensed its technology to more than fifty companies globally, with many licensed partners successfully using REV drying machinery to produce high-quality fruit and vegetable products.   REV technology enables controlled, homogeneous, low-temperature removal of moisture from food materials, allowing for high retention of nutrients, natural flavor, bright color and the creation of unique textures.

About EnWave  

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost. 

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance. 

EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following the benefit of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value. 

Learn more at EnWave.net. 

EnWave Corporation 

Mr. Brent Charleton, CFA 

President and CEO 

For further information: 

Brent Charleton, CFA, President and CEO at +1 (778) 378-9616 
E-mail: bcharleton@enwave.net  

Dylan Murray, CFO at +1 (778) 870-0729
E-mail: dmurray@enwave.net   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The post EnWave Signs Technology Evaluation and License Option Agreement with Moleciwl Cyf appeared first on EnWave.

Read the full article here.

About EnWave

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food and cannabis producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits:

• Food and ingredients companies can produce exciting new products, reach optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

• Cannabis producers can dry four to six times faster, retain up to 20% more terpenes and 25% more cannabinoids, and achieve at least a 3-log reduction in crop-destroying microbes.

Learn more at EnWave.net.

The post EnWave’s Patented Microwave Drying Technology to Accelerate Pharmaceutical Freeze-Drying Processes appeared first on EnWave.

REV technology has the potential to become a game-changer in the healthy snack industry. With the increasing demand for healthier snack options, REV dried snacks offer a tasty, nutrient-dense alternative. Additionally, the technology could provide an opportunity for reducing food waste by transforming imperfect produce into delicious and nutritious snacks. For those interested in the latest developments in the food industry and healthy snacking, this article provides valuable insights on how REV technology could change the game.

Read the full article here.

About EnWave

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food and cannabis producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits:

• Food and ingredients companies can produce exciting new products, reach optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

• Cannabis producers can dry four to six times faster, retain up to 20% more terpenes and 25% more cannabinoids, and achieve at least a 3-log reduction in crop-destroying microbes.

Learn more at EnWave.net.

The post EnWave’s Vacuum Microwave Drying Technology – A Game Changer for Heathy Snacks appeared first on EnWave.

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today announced that Mr. Dylan Murray has been appointed as Chief Financial Officer (CFO) of the Company, effective December 1, 2022. Mr. Murray is replacing Mr. Dan Henriques, the current CFO, who will be leaving to pursue another professional opportunity.

Mr. Murray is a Chartered Professional Accountant and began his career with Ernst & Young. He brings over ten years of progressive financial leadership to the Company with diversified experience in the real estate and cannabis industries, working in both public and private companies. Mr. Murray has extensive financial experience in the areas of financial planning and analysis, financial operations, capital markets, mergers and acquisitions, risk management, financial reporting, and corporate restructuring. Mr. Murray is joining an EnWave executive team that is committed to accelerating growth and forging a path to sustained profitability to create shareholder value.

The Company would like to thank Mr. Henriques for his 7 years of financial leadership at the Company and for his many contributions to the Company’s success over the years.

The Company has granted Mr. Murray an aggregate of 300,000 incentive stock options, subject to the terms of the Company’s Stock Option Plan (the “Plan”), that are exercisable at the last closing price of the Company’s common shares on the TSX Venture Exchange (“TSXV”) on December 16, 2022. The incentive stock options are exercisable for a term of five years and will vest in one-third increments over eighteen months in accordance with the provisions set out in the Plan, or as otherwise required by the TSXV. The grant of the equity incentive stock options is subject to approval by the TSXV.

DOWNLOAD THE UPDATE HERE

About EnWave

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food and cannabis producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits:

• Food and ingredients companies can produce exciting new products, reach optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

• Cannabis producers can dry four to six times faster, retain up to 20% more terpenes and 25% more cannabinoids, and achieve at least a 3-log reduction in crop-destroying microbes.

Learn more at EnWave.net.

EnWave Corporation
Mr. Brent Charleton, CFA
President & CEO

For further information:

Brent Charleton, CFA
President & CEO at +1 (778) 378-9616
E-mail: bcharleton@enwave.net

Dan Henriques, CA, CPA,
Chief Financial Officer at +1 (604) 835-5212
E-mail: dhenriques@enwave.net

For Media Inquiries:
Email: media@enwave.net

Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management’s expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company’s strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward-looking statements. All third party claims referred to in this release are not guaranteed to be accurate. All third party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The post EnWave Announces Appointment of new Chief Financial Officer appeared first on EnWave.

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that Dr. Stewart Ritchie, a globally recognized expert in poultry science, has retired from the Company’s Board of Directors. Dr. Ritchie made the decision to step down due to personal health reasons. EnWave is grateful for the governance and strategic guidance provided by Dr. Ritchie throughout his eight years of service.  EnWave would like to thank Dr. Ritchie for his past contributions and ongoing support of EnWave.

The Company does not plan to fill the vacancy created by the departure of Dr. Ritchie.  EnWave’s Board of Directors currently sits at six members, four of which are independent including Ms. Mary Ritchie (Audit Committee Chair), Mr. Stephen Sanford (Independence Committee Chair), Mr. Patrick Turpin, and Mr. Pablo Cussatti. Mr. Brent Charleton (EnWave’s President and CEO) and Mr. John P.A. Budreski (Executive Chairman) complete the Board of Directors as non-independent members.

DOWNLOAD THE UPDATE HERE

About EnWave

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty royalty-generating partners spanning twenty countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food and cannabis producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits:

• Food and ingredients companies can produce exciting new products, reach optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

• Cannabis producers can dry four to six times faster, retain up to 20% more terpenes and 25% more cannabinoids, and achieve at least a 3-log reduction in crop-destroying microbes.

Learn more at EnWave.net.

EnWave Corporation
Mr. Brent Charleton, CFA
President & CEO

For further information:

Brent Charleton, CFA
President & CEO at +1 (778) 378-9616
E-mail: bcharleton@enwave.net

Dan Henriques, CA, CPA,
Chief Financial Officer at +1 (604) 835-5212
E-mail: dhenriques@enwave.net

For Media Inquiries:
Email: media@enwave.net

Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management’s expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company’s strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward-looking statements. All third party claims referred to in this release are not guaranteed to be accurate. All third party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that NutraDried Food company LLC (“NutraDried”), a wholly owned subsidiary of the Company, has received a large repeat order of its Moon Cheese® snack product from Costco Wholesale Corporation’s (“Costco”) Midwest division and has expanded its product rotation opportunity into the Northwest division beginning in April 2018.

Current Moon Cheese® sales success in Costco represents a significant positive revenue opportunity for NutraDried, but does not guarantee long-term Costco distribution. This expanded trial launch is NutraDried’s first attempt at selling club format branded Moon Cheese® product. NutraDried is vigorously pursuing additional club format distribution opportunities to build momentum from the current aforementioned success.   

The post Video | EnWave is Targeting Higher REV™ Machine Sales in 2022 appeared first on EnWave.

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that NutraDried Food company LLC (“NutraDried”), a wholly owned subsidiary of the Company, has received a large repeat order of its Moon Cheese® snack product from Costco Wholesale Corporation’s (“Costco”) Midwest division and has expanded its product rotation opportunity into the Northwest division beginning in April 2018.

Current Moon Cheese® sales success in Costco represents a significant positive revenue opportunity for NutraDried, but does not guarantee long-term Costco distribution. This expanded trial launch is NutraDried’s first attempt at selling club format branded Moon Cheese® product. NutraDried is vigorously pursuing additional club format distribution opportunities to build momentum from the current aforementioned success.   

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