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Enter Symbol
or Name
USA
CA



EnWave Corp
Symbol ENW
Shares Issued 64,511,522
Close 2011-05-13 C$ 2.24
Market Cap C$ 144,505,809
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EnWave to provide REV technology to Milne Fruit

2011-05-16 07:16 ET - News Release

Dr. Tim Durance reports

ENWAVE SIGNS COMMERCIAL AGREEMENT WITH MILNE FRUIT PRODUCTS INC.

EnWave Corp. has signed a commercial licence agreement with Milne Fruit Products Inc., a leading American fruit processor, to supply radiant energy vacuum (REV) technology for the dehydration of a variety of specified fruit products. The agreement includes a provision for royalty payments on nutraDried fruit products produced using EnWave's technology. A Mivap dehydrator has been purchased for its new plant.

"This agreement represents a further step forward in the commercial introduction of EnWave's proprietary dehydration technology into the North American food processing sector," said Dr. Tim Durance, co-chief executive officer, EnWave. "Milne Fruit supplies fruit products to some of North America's largest food companies, and they are well known for the quality of their products."

EnWave's dehydration technologies for food include nutraREV, Mivap and quantaREV, with each employing a combination of vacuum and microwave energy to deliver a high-speed, low-temperature food dehydration process. The technologies can be used to dry a wide variety of fruit, vegetables, herbs, meats and seafood at, or below, 37 degrees Celsius (98 degrees Fahrenheit) in order to maintain high levels of nutrition, flavour, colour and texture. nutraREV is being introduced globally as an alternative technology to freeze drying and air drying for the development of nutraDried snack foods, baked goods and ingredients.

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