07:13:33 EDT Thu 01 May 2025
Enter Symbol
or Name
USA
CA



EnWave Corp
Symbol ENW
Shares Issued 72,360,776
Close 2012-05-09 C$ 1.51
Market Cap C$ 109,264,772
Recent Sedar Documents

EnWave receives favourable review for REV patent

2012-05-10 10:29 ET - News Release

Mr. John McNicol reports

ENWAVE RECEIVES FAVORABLE PCT REVIEW FOR KEY INTELLECTUAL PROPERTY

EnWave Corp. has received a favourable review from the patent co-operation treaty (PCT) examiner for its radiant energy vacuum (REV) patent application that protects the technological fundamentals used in both the quantaREV and continuous powderREV designs. More specifically, this patent application, if successfully accepted in the regional filing jurisdictions, will help protect EnWave's engineering design modifications that allow for a highly scalable and controllable dehydration method with the ultimate target of tonnage throughput per hour. EnWave will now continue the process by filing this patent in major market and population jurisdictions around the world to ensure maximum protection over the innovation.

"Protecting our technology is of paramount importance, as our business model is focused on leveraging our valuable intellectual property," stated Dr. Tim Durance, chairman and co-chief executive officer of EnWave. "This positive result provides additional validation to the novel and inventive elements of quantaREV for large-scale food drying and powderREV for continuous accelerated freeze-drying of pharmaceuticals and other high-value products."

EnWave's business model allows collaborators to obtain exclusive testing rights and royalty-bearing licences for specific products using the company's proprietary REV dehydration technologies. Patents and know-how are the basis on which the company is able to grant exclusivity of use to many of its multinational partners that, through research and collaboration agreements, are evaluating opportunities for commercial use of the technology.

EnWave holds an expanding intellectual property portfolio designed to protect its technology and knowledge base. The company's patented technology combines microwave energy with vacuum pressure to control the temperature at which liquids boil and subsequently evaporate. This form of liquid evaporation is a major advancement in the dehydration of food and biological materials. REV technology is currently being developed to replace freeze drying and compete directly with spray and air drying.

We seek Safe Harbor.

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