Mr. Tim Durance reports

ENWAVE SIGNS RESEARCH & DEVELOPMENT AGREEMENT WITH KELLOGG COMPANY

EnWave Corp. has signed a research and development agreement with Kellogg Company to measure the nutritional and commercial benefits of EnWave's nutraREV food-dehydration technology within a broadly defined product area that includes cereal and cereal bars. The agreement provides an exclusive period of up to 12 months for Kellogg to test nutraREV, with an option to license the technology at the end of this period. Further terms of the agreement are confidential.

"EnWave is extremely pleased to be working with Kellogg, one of the most highly regarded companies in the global consumer-food-products industry," stated Tim Durance, chairman and co-chief executive officer, EnWave. "This agreement marks the fifth multinational company to have signed a testing agreement with EnWave over the past three years, and we see this latest announcement as a significant step in our goal to introduce nutraREV as a new standard in global food-processing technology," Mr. Durance continued.

"Kellogg has been working with EnWave in initial tests of this technology, and we are pleased with the results so far," said Margaret Bath, vice-president, research, quality and technology, Kellogg Company.

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