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EnWave Signs Technology Evaluation and Licence Option Agreement with Fresh Business Consulting S.L.

ID: 1537819
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(PresseBox) - EnWave Corporation (TSX-V:ENW | FSE:E4U) (?EnWave?, or the "Company" - https://www.youtube.com/watch?v=AyKTfx_H0Tk&t=65s"TELOA") with Fresh Business Consulting S.L. (?FBC?), part of a diversified investment and consulting firm headquartered in Spain that has business interests in its home country, the United Kingdom and Peru. The TELOA grants FBC a six-month term to evaluate EnWave?s Radiant Energy Vacuum (?REV??) technology for the production of several undisclosed food products in the country of Peru.

FBC has a proven history of forging successful joint partnerships and plans to target several established Peruvian agricultural companies and food manufacturers to collaborate on product-specific projects through its Peruvian business Fresh Business Peru. Prior to signing the TELOA, FBC has been actively developing its business in Peru since 2015. FBC and the wider group?s 2017 total revenue was more than 27 million Euros.

FBC will rent a small-scale REV? machine for intensive new product development, which will be installed in Lima, Peru within the next few months.

About Fresh Business Consulting S.L.

Fresh Business Consulting S.L. employs a business model where professionals with an advanced vision in the integration of creativity, marketing and innovation apply their know-how to improve their clients? business strategy.

FBC?s positive and proactive attitude, their desire to excel and the constant search for new challenges, led them to expand their business, developing a new division,Fresh Business Food & Nutrition Innovation,Fresh Business Food & Nutrition Innovation,

For more information about Fresh Business Consulting S.L. please visit www.freshgroup.es and www.freshbusiness.es



About EnWave

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

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

2. powderREV

3. quantaREV

An additional platform, freezeREVwww.enwave.net.

EnWave Corporation

Dr. Tim Durance

President & CEO

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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published by: PresseBox
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Date: 06/27/2018 - 15:29
Language: English
News-ID 1537819
Character count: 6267
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Firma: Swiss Resource Capital AG
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Stadt: Vancouver, B.C.
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