register free | resend password


EnWave Signs Technology Evaluation and Licence Option Agreement with Simplot Australia

ID: 1545365
recent pressrelease next pressrelease

(PresseBox) - EnWave Corporation (TSX-V:ENW | FSE:E4U) (?EnWave?, or the "Company" - http://www.commodity-tv.net/c/search_adv/?v=298005) announced today that it has signed a Technology Evaluation and License Option Agreement (the "TELOA") with a Simplot Australia (?Simplot?) to evaluate the use of the Company?s Radiant Energy Vacuum (?REV??) dehydration technology for the development of dehydrofrozen vegetables and other applications.

About Simplot Australia Pty. Ltd.

Simplot Australia Pty. Ltd. produces and supplies vegetable, meat, and seafood products in Australia. It also offers chilled, frozen, and shelf stable products to supermarkets and foodservice customers. The company was founded in 1995 and is based in Mentone, Australia with an additional office in Auckland, New Zealand. For more information, please visit www.simplot.com.au.

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:

nutraREV

powderREV

quantaREV

An additional platform, freezeREVwww.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.



More information:
http://https:// https://



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: PresseBox
print pressrelease  send to a friend  

Date: 12/31/2018 - 08:13
Language: English
News-ID 1545365
Character count: 3071
Kontakt-Informationen:
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Vancouver, B.C.
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 439

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 338
Register today: 0
Register yesterday: 1
Members online: 0
Guests online: 39


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.